RE:MolSolf deserted dya as well ORONTO, Dec. 16, 2019 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that Mosolf SE & CO. AG (“MOSOLF”), a significant European dealer of dynaCERT (see dynaCERT's press release dated October 16, 2019), is making a strong and strategic financial commitment to the Company with the expansion of dealer operations across Germany and neighbouring European countries. As well, Dr. Joerg Mosolf, President and Chief Executive Officer of MOSOLF, has made an additional personal equity investment of $1 million.
Dr. Joerg Mosolf advises that MOSOLF has already hired twenty-three (23) new employees dedicated 100% full-time to the marketing, sales and installations of dynaCERT’s HydraGEN™ Technology in Germany, France, Benelux and Poland. As well, MOSOLF has dedicated a showroom in Germany to showcase professionally and exclusively dynaCERT’s HydraGEN™ Technology. Dr. Mosolf is personally dedicating his individual time on a daily basis to introducing dynaCERT’s HydraGEN™ Technology to Chief Executives of users and potential users in Europe as well as important government officials and OEM’s in Germany.
In addition and more specifically, MOSOLF, as a dealer of dynaCERT, has indicated formally to the Company that it is currently setting up the following:
- In Germany: 12 showrooms, starting in January 2020, for showcasing dynaCERT’s HydraGEN™ Technology in various cities across Germany;
- In France: 2 showrooms, starting in January 2020, for showcasing dynaCERT’s HydraGEN™ Technology and expand more showrooms across cities in France within the next 12 months;
- In Belgium: 1 showroom, starting in January 2020, for showcasing dynaCERT’s HydraGEN™ Technology in various cities across Belgium;
- In Holland: 1 showroom, starting in January 2020, for showcasing dynaCERT’s HydraGEN™ Technology in various cities across Holland;
- In Czech Republic: 1 showroom to be set up in Prague in the first quarter of 2020; and
- In Poland: 1 showroom to be set up in the second quarter of 2020.
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