dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) (FRA: DMJ) ("dynaCERT" or
the "Company") is pleased to announce the appointment of Mr. Kevin
Unrath as Chief Operating Officer of the Company.
As the new COO of dynaCERT and the future Managing Director of
dynaCERT GmbH based in Germany, Mr. Unrath will assist the
President with hands on supervision and senior responsibilities
leading the enterprise’s further development and international
global world-wide expansion with a view of growing the sales volume
of the Company’s products and the Company’s new production
initiatives.
Mr. Kevin Unrath is a dedicated and results-driven executive
with a track record and comprehensive experience in international
leadership roles in the Automotive and the Off Highway industry as
well as in Precision Machining.
Mr. Unrath brings to dynaCERT top management level expertise
having managed numerous entities. Mr. Unrath also brings to
dynaCERT his experience in successfully driving profitable growth,
performance increases, sustainable technology road mapping and
digital transformation. He is keen on leading and further
propelling dynaCERT’s influence and positive impact in the hydrogen
marketplace.
Mr. Unrath has impressive business experience. He worked for six
years at Hatz Motorenfabrik GmbH & Co. KG and Hatz Components
GmbH & Co. KG where he grew sales and specialized in Lead
Generation, Market Study, Target Customer Definition, and Customer
Journey Development. He also achieved numerous milestones in
Corporate Development such as founding, setup and development of
the Hatz Components GmbH and M&A Process.
He also worked eight years with MAN Truck & Bus in several
functions such as Head of MAN Spare Parts Production Systems,
Project-Lead and PMO. He gained deep knowledge in topics such as
Restructuring of Worldwide Spare Parts “Management & Logistics
Network”, setup of New Spare Parts Central Warehouse, Management
& Restructuring of Logistics and Logistics Processes as well as
Warehousing & Supply Chain Management
Mr. Unrath holds a Technical Master's Degree Master of Science
in Logistics, Infrastructure, Mobility from TU Hamburg-Harburg
focusing on “Production and Logistics”, and a Business
Administration degree from Technical University of Applied Sciences
in Würzburg including pre-degree (Bachelor) studies at FH
Ludwigshafen am Rhein where he majored in Marketing ASEAN with a
focus on Japan.
Kevin Unrath, Chief Operating Officer of dynaCERT, stated, “I am
looking forward to working at dynaCERT and expanding the HydraGEN™
Technology for retrofitting combustion engines worldwide. The
market for this innovation is now ready and we will focus on
further and accelerated growth worldwide. The core of my job as COO
at dynaCERT will be to optimize the sales process to increase sales
as well as to ensure that customer expectations are met and that
the various models of HydraGEN™ units are available in a timely
manner in continued quality and sufficient quantities. Particularly
considering the European Union's “Green Deal”, a sustained global
interest for our devices can be expected because they are designed
to help companies measure and improve their results for ESG
reports.”
Bernd Krueper, President & Director of dynaCERT, stated, “In
the past few months, I have met several customers, investors and
governmental authorities worldwide and explained to them our
HydraGEN™ Technology and the diversity of our hardware and software
product offerings. The fuel consumption savings and emissions
reductions are convincing and impressive. Additionally, I will
continue to foster the drive forward to meet the needs of
application specific requirements of our customers. Considering the
huge efforts necessary to reduce fuel saving of a typical
automotive or Industrial engine that generally goes into achieving
savings in the automotive industry, I am absolutely thrilled that
dynaCERT has a product available today that is designed to achieve
important fuel savings and reductions in carbon emissions. Our
compact and easy to install HydraGEN™ models provide an outstanding
solution for clients. I have worked in the past successfully with
Kevin Unrath. I welcome him to dynaCERT and look forward to
continuing our excellent teamwork now that we are both working
together at dynaCERT. I look forward to working with Kevin Unrath
and the outstanding team.”
Jim Payne, Chairman & CEO of dynaCERT, stated, “The dynaCERT
Board of Directors is very pleased to welcome Kevin Unrath as Chief
Operating Officer of the Company. As we welcome Kevin, I am
delighted with the continued growth and expertise of our management
team along with the expansion of our data centre as we move into
the new era of carbon credits with our HydraGEN™ Technology. Bernd
and Kevin bring a wealth of knowledge and experience in growing
companies within the diesel engine industry worldwide, their
history and network of people and companies they bring along with
their proven track record is extremely timely as we continue to
grow.”
Pursuant to its stock Option Plan and in accordance with
regulatory requirements, the Company announces that it has issued
1,500,000 options to purchase its common shares in the authorized
share structure of the Company, the exercise price of each such
option being $0.25 per share for a period expiring November 1,
2029.
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission
Reduction Technology along with its proprietary HydraLytica™
Telematics, a means of monitoring fuel consumption and calculating
GHG emissions savings designed for the tracking of possible future
Carbon Credits for use with internal combustion engines. As part of
the growing global hydrogen economy, our patented technology
creates hydrogen and oxygen on-demand through a unique electrolysis
system and supplies these gases through the air intake to enhance
combustion, which has shown to lower carbon emissions and improve
fuel efficiency. Our technology is designed for use with many types
and sizes of diesel engines used in on-road vehicles, reefer
trailers, off-road construction, power generation, mining and
forestry equipment. Website: www.dynaCERT.com.
READER ADVISORY
Except for statements of historical fact, this news release
contains certain "forward-looking information" within the meaning
of applicable securities law. Forward-looking information is
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" or "will" occur. Although we believe that the expectations
reflected in the forward-looking information are reasonable, there
can be no assurance that such expectations will prove to be
correct. We cannot guarantee future results, performance of
achievements. Consequently, there is no representation that the
actual results achieved will be the same, in whole or in part, as
those set out in the forward-looking information.
Forward-looking information is based on the opinions and
estimates of management at the date the statements are made and are
subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from
those anticipated in the forward-looking information. Some of the
risks and other factors that could cause the results to differ
materially from those expressed in the forward-looking information
include, but are not limited to: uncertainty as to whether our
strategies and business plans will yield the expected benefits;
availability and cost of capital; the ability to identify and
develop and achieve commercial success for new products and
technologies; the level of expenditures necessary to maintain and
improve the quality of products and services; changes in technology
and changes in laws and regulations; the uncertainty of the
emerging hydrogen economy; including the hydrogen economy moving at
a pace not anticipated; our ability to secure and maintain
strategic relationships and distribution agreements; and the other
risk factors disclosed under our profile on SEDAR at www.sedar.com.
Readers are cautioned that this list of risk factors should not be
construed as exhaustive.
The forward-looking information contained in this news release
is expressly qualified by this cautionary statement. We undertake
no duty to update any of the forward-looking information to conform
such information to actual results or to changes in our
expectations except as otherwise required by applicable securities
legislation. Readers are cautioned not to place undue reliance on
forward-looking information.
Neither the Toronto Stock Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
Toronto Stock Exchange) accepts responsibility for the adequacy or
accuracy of the release. On Behalf of the Board
Murray James Payne, CEO
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241104262780/en/
For more information, please contact:
Jim Payne, Chairman & CEO dynaCERT Inc. #101 – 501 Alliance
Avenue Toronto, Ontario M6N 2J1 +1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations dynaCERT Inc. Nancy Massicotte +1 (416)
766-9691 x 1 nmassicotte@dynaCERT.com
DynaCERT (TSX:DYA)
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