DynaCERT to appoint Unrath as CEO

Executive Summary

• DynaCERT Inc. announced a leadership transition where Kevin Unrath will replace Murray Payne as Chief Executive Officer, while Payne remains Chairman of the Board.
• The company secured a $2-million loan to support ongoing operations and commercial expansion efforts.
• DynaCERT reported progress in its global commercial strategy, specifically highlighting pilot deployments and partnership developments in Vietnam and Mexico.

Key Details

• Leadership Change: Kevin Unrath, currently Chief Operating Officer, is appointed as Chief Executive Officer. Murray James (Jim) Payne steps down as CEO after more than a decade and continues as Chairman of the Board.
• Financing: The company secured a $2-million loan, to be received in installments over a four-month period, intended to support continuing operations and commercial activities.
• Vietnam Operations: Established a service center agreement with a regional engine and vehicle solutions provider; completed training for local technical teams; deployed initial pilot installations in trucking and port operations; discussions are ongoing with multiple parties.
• Mexico Operations: Advancing market presence through a distribution partner while building direct relationships with regional operators; engaged in discussions with commercial counterparties to expand deployment activity and progress toward structured agreements.
• Strategic Focus: Emphasis on converting pilot deployments into structured commercial agreements and translating field activity into measurable revenue opportunities.
• Technology: Utilization of HydraGEN technology and HydraLytica platform for fuel efficiency improvements, emissions tracking, and potential participation in carbon-related markets/carbon credit opportunities.

Notable Quotes

• Brian Warner, Independent Director: "The board's priority is execution... Kevin brings strong operational discipline and a deep understanding of our technology and deployment environment. We believe this positions the company well for the next phase of its development, and the board fully supports this leadership transition."
• Murray Payne, Chairman: "Kevin has played an important role in advancing our operational capabilities and commercial initiatives... I look forward to supporting the company in my role as chairman as the team continues to execute on its strategy and advance our global commercial initiatives."
• Kevin Unrath, CEO: "This is not a reset -- this is an acceleration... Our focus is clear and we believe that we are now positioned to move decisively."