DynaCERT receives order for 100 HG1 HydraGen units

Executive Summary

• DynaCERT Inc. has received a purchase order and required deposit from Hydrofuel Technologies LLC for 100 HydraGEN technology units destined for the Mexican market.
• Hydrofuel has entered into a separate distributor agreement to develop the market for DynaCERT's HydraGEN technology in Mexico and the State of Texas.
• Twenty-five of the ordered units are currently being shipped to Hydrofuel to satisfy the initial arrangement.

Key Details

• Purchase Order: Hydrofuel Technologies LLC ordered 100 HG1 HydraGEN technology units (or the equivalent number in HG2 units) over the next 12 months.
• Shipment Status: 25 HydraGEN units are currently being shipped by DynaCERT to Hydrofuel in satisfaction of the purchase order.
• Distributor Agreement: Hydrofuel has become an official DynaCERT distributor for the Mexican market and the State of Texas in the United States.
• Market Commitment: Hydrofuel commits to developing the market for HydraGEN technology in Mexico and Texas, targeting traditional transportation, stationary generators, and off-highway markets (construction and mining).
• Counterparties:
  • Buyer/Distributor: Hydrofuel Technologies LLC (managed by Francisco Bricio, Ricardo Montoya, and Jose Topete del Valle).
  • Seller: DynaCERT Inc.

Notable Quotes

• Francisco Bricio, CEO of Hydrofuel: "Mexico is No. 7 in the number of truck vehicles in operation and No. 9 in diesel truck production in the world, and has a 45-per-cent market share of all truck-based trade through Laredo Texas, so it makes perfect sense to bring a much needed technology as DynaCERT's HydraGEN technology to this market."
• Kevin Unrath, COO of DynaCERT: "DynaCERT welcomes Hydrofuel as a strong new distributor and is very pleased about this successful purchase order. Together with Hydrofuel, we can further develop the Mexican market and drive the global transition to lower-emission transportation."
• Bernd Kruper, President and Director of DynaCERT: "The new distributor agreement offers a great opportunity to significantly expand our sales volume in Hydrofuel's targeted territory, and allows the creation of a footprint in a strategically important market for DynaCERT in the automotive and off-highway markets."