dynaCERT Receives Ultimate Verra Approval of its Carbon Credit score Methodology

Article content material

TORONTO — dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Firm”) could be very happy to announce that the Firm has obtained the ultimate Verra approval of its Carbon Credit score Methodology.

This Verra-approved methodology marks a major milestone in dynaCERT’s ongoing enterprise evolution, because it underscores the impression of the Firm’s HydraGEN™ Know-how, which is designed to scale back each gasoline consumption and carbon emissions in a variety of sizes of Inner Combustion Engines (“ICE”). dynaCERT’s modern product line serves an intensive vary of ICE purposes, together with sectors akin to transportation, mining, development, oil & gasoline and diesel turbines.

Article content material

The Verra Methodology

On October 4, 2024, Verra printed its Verified Carbon Customary (VCS) Methodology Revision VMR0004 Improved Effectivity of Fleet Autos, v2.0. See the just lately printed Methodology right here: Verra Methodology. See additionally the Verra Press Launch of October 4, 2024, entitled “Verra Publishes Revised Car Fleet Effectivity Methodology” right here: Verra Press Launch.

In line with Verra:

“This system was developed by dynaCERT (and others), based mostly on CDM methodology AMS-III.BC Emission Reductions Via Improved Effectivity of Car Fleets, v3.0.

This system is relevant to mission actions that enhance the effectivity of car fleets, together with transport automobiles and cellular equipment, leading to lowered greenhouse gasoline emissions from gasoline and electrical energy consumption.

This revision introduces the choice to watch particular person automobiles utilizing telematics programs, which offer steady monitoring of odometer readings, gasoline consumption, and operational time. This knowledge is recorded in a centralized database, streamlining mission monitoring.

Moreover, the methodology has been up to date to raised align with net-zero transition targets by setting a deadline for the inclusion of latest fossil gasoline automobiles and making certain compatibility with nationwide and regional net-zero transition plans and decarbonization methods.

It additionally incorporates a conservativeness deduction based mostly on uncertainty evaluation and enhances the additionality demonstration procedures by together with the funding evaluation possibility, requiring a typical follow evaluation, and excluding the frequent follow barrier.

This system is a revision to AMS-III.BC.: Emission reductions via improved effectivity of car fleets (exterior) and is globally relevant to mission actions that enhance the effectivity of car fleets and cellular equipment (e.g., fleets of vans, buses, automobiles, taxis or motorized tricycles, excavators, cranes), leading to lowered gasoline utilization and greenhouse gasoline (GHG) emissions.”

Recurring Advantages for dynaCERT Purchasers

This pivotal approval by Verra opens the door for a lot of purchasers of dynaCERT to earn a multi-year recurring stream of precious Carbon Credit through the use of the Firm’s HydraGEN™ Know-how. dynaCERT plans to share equally the Carbon Credit score advantages registered below Verra with customers of HydraGEN™ Know-how.

Article content material

Article content material

Quantification of GHG Reductions

Along with offering a monetary incentive derived from the sale of Carbon Credit, customers deploying HydraGEN™ Know-how will now have the power to precisely quantify their GHG emissions reductions. This measurable impression is a key criterion for driving vital gross sales of HydraGEN™ Know-how to large-scale purchasers.

Measurement Objectivity

A singular characteristic of the Methodology developed by dynaCERT is the exact, goal measurement of discount of GHG emissions. dynaCERT’s HydraLytica™ Telematics eliminates human intervention and derives all its knowledge from the Inner Combustion Engine’s ECU. This stage of accuracy is predicted to boost the market worth of dynaCERT’s Carbon Credit, as uncertainties and assumptions that usually have an effect on the valuation of competing Carbon Credit might be prevented.

International Significance

This represents a significant breakthrough for dynaCERT. Additionally, as dynaCERT’s HydraGEN™ Know-how is designed to operate on thousands and thousands of engines world-wide, dynaCERT is now positioned to suggest the benefits of Verra Carbon Credit on a world scale, increasing the attain and impression of the Firm’s emissions-reduction options.

Dr. James Tansey, a director of dynaCERT and the CEO and a Director of Carbon Performed Proper Developments (TSX:V KLX), a public firm targeted on the event of carbon credit which so far has developed a portfolio of over 43,000,000 tonnes of carbon credit, acknowledged, “The Verra Methodology is especially suited to learn purchasers of dynaCERT that want to scale back their carbon footprint utilizing the Firm’s HydraGEN™ Know-how. As well as, dynaCERT’s HydraLytica™ Telematics is predicted to be very nicely obtained in Carbon Credit score markets.”

Jean-Pierre Colin, Government Vice President & Director and CFO of dynaCERT, acknowledged, “The entry of dynaCERT into the multidimensional world of Carbon Credit marks a massively vital catalyst in our Firm’s historical past. A brand new pathway has opened up which has potential to develop to develop into exponentially vital. The extra HydraGEN™ Know-how Models that dynaCERT distributes all through the globe, the extra customers of the expertise can apply for Carbon Credit. Via dynaCERT and Verra’s Methodology, many customers of ICE engines all through the world utilizing dynaCERT’s HydraGEN™ Know-how now have the chance to develop into validated contributors to the worldwide effort to scale back GHG emissions.”

Article content material

Jim Payne, Chairman and CEO of dynaCERT, acknowledged, “On behalf of your entire board of dynaCERT, I congratulate and thank our staff of Carbon Credit score consultants, our consultants and our contributors that made this Verra step a chance. We additionally sincerely thank all of the professionals at Verra who labored diligently to convey this Methodology to fruition. Lots of our prospects that try to enhance their sustainability picture have indicated that they like automobiles outfitted with our expertise. To any extent further our purchasers can capitalize on the advantages of HydraGEN™ Know-how by producing future streams of Carbon Credit. Verra Carbon Credit have the potential to learn our purchasers in addition to our sellers and all our stakeholders, as they align with our company targets. I stay up for discussing our developments and aims with our purchasers and sellers within the following weeks.”

About VERRA

VERRA was based in 2005 by environmental and enterprise leaders who noticed the necessity for larger high quality assurance in voluntary carbon markets. The group now serves as a secretariat for CDM, VCS, JI, VIVO, Gold Customary organizations to develop the assorted requirements and varied packages they handle, in addition to an incubator of latest concepts that may generate significant environmental and social values of scale. Headquarters are in Washington, DC, and with employees working remotely in varied components of the world. VERRA is a registered 501(c)(3) not-for-profit group within the USA.

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Discount Know-how together with its proprietary HydraLytica™ Telematics, a method of monitoring gasoline consumption and calculating GHG emissions financial savings designed for the monitoring of attainable future Carbon Credit to be used with inner combustion engines. As a part of the rising world hydrogen economic system, our patented expertise creates hydrogen and oxygen on-demand via a novel electrolysis system and provides these gases via the air consumption to boost combustion, which has proven to decrease carbon emissions and enhance gasoline effectivity. Our expertise is designed to be used with many sorts and sizes of diesel engines utilized in on-road automobiles, reefer trailers, off-road development, energy era, mining and forestry tools. Web site: www.dynaCERT.com.

READER ADVISORY

This press launch of dynaCERT Inc. comprises statements that represent “forward-looking statements”. Such forward-looking statements contain identified and unknown dangers, uncertainties and different elements which will trigger dynaCERT’s precise outcomes, efficiency or achievements, or developments within the trade to vary materially from the anticipated outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Particularly, data referring to Verra, the Verra Methodology and Carbon Credit can’t be independently verified. There might be no assurance that such statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking statements. Precise outcomes might range from the forward-looking data on this information launch because of sure materials danger elements. This information launch shouldn’t be supposed for distribution to U.S. information providers or for dissemination in america.

Article content material

Apart from statements of historic reality, this information launch comprises sure “forward-looking data” inside the that means of relevant securities regulation. Ahead-looking data is ceaselessly characterised by phrases akin to “plan”, “count on”, “mission”, “intend”, “consider”, “anticipate”, “estimate” and different related phrases, or statements that sure occasions or circumstances “might” or “will” happen. Though we consider that the expectations mirrored within the forward-looking data are affordable, there might be no assurance that such expectations will show to be appropriate. We can’t assure future outcomes, efficiency of achievements. Consequently, there isn’t a illustration that the precise outcomes achieved would be the identical, in complete or partly, as these set out within the forward-looking data.

Ahead-looking data relies on the opinions and estimates of administration on the date the statements are made and are topic to quite a lot of dangers and uncertainties and different elements that might trigger precise occasions or outcomes to vary materially from these anticipated within the forward-looking data. Among the dangers and different elements that might trigger the outcomes to vary materially from these expressed within the forward-looking data embody, however will not be restricted to: uncertainty as as to if our methods and enterprise plans will yield the anticipated advantages; availability and price of capital; the power to establish and develop and obtain industrial success for brand spanking new merchandise and applied sciences; the extent of expenditures obligatory to take care of and enhance the standard of services and products; adjustments in expertise and adjustments in legal guidelines and laws; the uncertainty of the rising hydrogen economic system; together with the hydrogen economic system transferring at a tempo not anticipated; our potential to safe and preserve strategic relationships and distribution agreements; and the opposite danger elements disclosed below our profile on SEDAR at www.sedar.com. Readers are cautioned that this record of danger elements shouldn’t be construed as exhaustive.

The forward-looking data contained on this information launch is expressly certified by this cautionary assertion. We undertake no responsibility to replace any of the forward-looking data to adapt such data to precise outcomes or to adjustments in our expectations besides as in any other case required by relevant securities laws. Readers are cautioned to not place undue reliance on forward-looking data.

Article content material

Neither the Toronto Inventory Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the Toronto Inventory Alternate) accepts duty for the adequacy or accuracy of the discharge.

On Behalf of the Board

Murray James Payne, CEO

View supply model on businesswire.com: https://www.businesswire.com/information/house/20241006231589/en/

Contacts

For extra data, 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

#distro

Article content material