Business
Dynamic Announces Update on Deliveries to Hydrogen Fuel Systems Inc.
Dynamic Announces Update on Deliveries to Hydrogen Fuel Systems Inc.
About this update from Dynacert Inc.
[{"type":"text","content":"Dynamic Announces Update on Deliveries to Hydrogen Fuel Systems Inc.\n\n\n\nDynamic Announces Update on Deliveries to Hydrogen Fuel Systems Inc. \n\nPickering, Ontario CANADA, April 03, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), (\"Dynamic\" or the \"Corporation\") is pleased to announce that Hydrogen Fuel Systems Inc. (\"HFS\") has requested delivery of a further 50 Jetstar(tm) units pursuant to HFS' previously announced purchase order and that the Corporation is now in the process of completing delivery of such units. Upon completion, the Corporation will have delivered a total of 125 Jetstar(tm) units pursuant to the foregoing purchase order. A total of 225 Jetstar(tm) units remain deliverable under the purchase order (i.e. for a total order of 350 Jetstars(tm)) and the Corporation expects to complete all such deliveries no later than the end of the current fiscal year.\n\nAbout Dynamic Fuel Systems Inc.\n\nDynamic Fuel Systems Inc. is a Pickering, Ontario based energy sector company engaged in the manufacture, distribution, installation and marketing of a transportable hydrogen generator retrofit targeted for use in the heavy tractor trailer industry. Its flagship product, the Jetstar(tm), is a patent-pending aftermarket retrofit solution that provides combustion enhancement by mixing hydrogen and oxygen into a vehicle's intake air to provide the engine with a more complete burn of the fuel in its internal combustion engine. Its business was founded in 2001 and more information about its products can be viewed at its website at www.dynamicfuel.com \n\nThis release includes forward looking statements, which are based on certain assumptions and reflects management's current expectations. These forward looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the l...