yup its true dynaCERT : Enters Into Strategic Partnership With Global Distributer Specializing in Green Energy Solutions
04/07/2016 | 08:31 pm
TORONTO, ON -- (Marketwired) -- 04/07/16 --
dynaCERT Inc. (TSX VENTURE: DYA) (OTCBB: DYFSF) ("dynaCERT" or the "Corporation") is pleased to announce we have entered into a formal strategic partnership with "Lyte Energy Inc." headquartered in Mississauga, Ontario to promote, market and distribute our HydraGen™ products globally.
Jim Payne - President & CEO of dynaCERT Inc.
"After several months of talks and meetings with Mr. Nauman Kureshy, partners and associates of Lyte Energy, we are very excited to have signed a formal agreement that allows non-exclusive rights for Lyte Energy to showcase, promote, distribute and sell our products. Their motivation, due diligence and commitment along with a wide reach of contacts in the trucking, mining, shipping and rail industry is a significant asset. The shared vision of our product and the possibilities it offers to these industries in both fuel savings and Carbon Emission Reduction Technology aligns perfectly with both companies' business models."
Nauman Kureshy - Founder, President & CEO of Lyte Energy Inc.
"We are very excited and pleased to announce our strategic partnership with dynaCERT Inc. dynaCERT is a Canadian based public company (TSX VENTURE: DYA) specializing in the development and manufacturing of Carbon Emissions Reduction Technologies. This partnership represents a key milestone in Lyte Energy and is perfectly aligned with our business model which focuses on delivering leading-edge hydrogen solutions for reducing green house gas emissions and improving energy efficiency. Our strategic partnership offers Lyte Energy global distribution rights to dynaCERT's ground breaking technology and products. Currently, this consists of their HydraGen™ fuel saving & emissions reduction system. HydraGen™ is an onboard hydrogen generation system for class 6-8 diesel engines. It supplies the air intake with precise amounts of hydrogen (H2) and oxygen (O2). The result is increased fuel economy, increased torque, extended engine oil life, a cleaner engine and a significant reduction in emissions. HydraGen™ is a product of over 20 million test miles and countless hours of research and development from some brilliant engineers and a former NASA scientist. Today there are over 750 million vehicles in use worldwide. That number is predicted to double over the next 20 years. By 2050, two billion cars and trucks could be on the world's roadways. Not only will this contribute to a major increase in demand for fossil fuels, but more importantly, it will drastically increase the levels of carbon monoxide and other air pollutants. Eliminating these risks has become a global imperative and one of Lyte Energy's primary missions. We strongly believe and envision that HydraGen™ will make a significant impact. HydraGen™ will be marketed under Lyte Energy's Lyte Emissions™ solutions brand."
For more information, please visit www.lyte.energy/solutions/emissions-reduction.