dynaCERT Receives Remaining Verra Approval of its Carbon Credit score Methodology

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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 cut back each gas consumption and carbon emissions in a variety of sizes of Inner Combustion Engines (“ICE”). dynaCERT’s revolutionary product line serves an intensive vary of ICE functions, together with sectors corresponding to transportation, mining, development, oil & gasoline and diesel turbines.

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The Verra Methodology

On October 4, 2024, Verra revealed its Verified Carbon Normal (VCS) Methodology Revision VMR0004 Improved Effectivity of Fleet Autos, v2.0. See the lately revealed Methodology right here: Verra Methodology. See additionally the Verra Press Launch of October 4, 2024, entitled “Verra Publishes Revised Automobile 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 Automobile Fleets, v3.0.

This system is relevant to undertaking actions that enhance the effectivity of car fleets, together with transport autos and cell equipment, leading to decreased greenhouse gasoline emissions from gas and electrical energy consumption.

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

Moreover, the methodology has been up to date to higher align with net-zero transition objectives by setting a deadline for the inclusion of latest fossil gas autos and guaranteeing 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 standard follow evaluation, and excluding the widespread follow barrier.

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

Recurring Advantages for dynaCERT Shoppers

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

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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 flexibility 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 information 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 will be averted.

International Significance

This represents a serious 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 some great 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 Carried out Proper Developments (TSX:V KLX), a public firm targeted on the event of carbon credit which to this point has developed a portfolio of over 43,000,000 tonnes of carbon credit, said, “The Verra Methodology is especially suited to profit 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, Govt Vice President & Director and CFO of dynaCERT, said, “The entry of dynaCERT into the multidimensional world of Carbon Credit marks a massively necessary catalyst in our Firm’s historical past. A brand new pathway has opened up which has potential to develop to change into exponentially vital. The extra HydraGEN™ Know-how Models that dynaCERT distributes all through the globe, the extra customers of the know-how 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 change into validated contributors to the worldwide effort to cut back GHG emissions.”

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Jim Payne, Chairman and CEO of dynaCERT, said, “On behalf of the whole 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 risk. 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 autos geared up with our know-how. Any more 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 profit our purchasers in addition to our sellers and all our stakeholders, as they align with our company objectives. I look ahead to 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 Normal organizations to develop the assorted requirements and varied applications 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 workers working remotely in varied elements 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 gas consumption and calculating GHG emissions financial savings designed for the monitoring of potential future Carbon Credit to be used with inside combustion engines. As a part of the rising world hydrogen financial system, our patented know-how creates hydrogen and oxygen on-demand by a singular electrolysis system and provides these gases by the air consumption to boost combustion, which has proven to decrease carbon emissions and enhance gas effectivity. Our know-how is designed to be used with many varieties and sizes of diesel engines utilized in on-road autos, reefer trailers, off-road development, energy technology, 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 that 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 regarding Verra, the Verra Methodology and Carbon Credit can’t be independently verified. There will be no assurance that such statements will show to be correct, as precise outcomes and future occasions may 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 is just not meant for distribution to U.S. information providers or for dissemination in the US.

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Aside from statements of historic truth, this information launch comprises sure “forward-looking data” throughout the that means of relevant securities legislation. Ahead-looking data is steadily characterised by phrases corresponding to “plan”, “anticipate”, “undertaking”, “intend”, “imagine”, “anticipate”, “estimate” and different related phrases, or statements that sure occasions or circumstances “might” or “will” happen. Though we imagine that the expectations mirrored within the forward-looking data are affordable, there will be no assurance that such expectations will show to be right. We can not assure future outcomes, efficiency of achievements. Consequently, there isn’t any illustration that the precise outcomes achieved would be the similar, in complete or partially, 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 aren’t restricted to: uncertainty as as to if our methods and enterprise plans will yield the anticipated advantages; availability and price of capital; the flexibility to determine and develop and obtain industrial success for brand new merchandise and applied sciences; the extent of expenditures needed to take care of and enhance the standard of services; adjustments in know-how and adjustments in legal guidelines and rules; the uncertainty of the rising hydrogen financial system; together with the hydrogen financial system shifting at a tempo not anticipated; our capacity to safe and preserve strategic relationships and distribution agreements; and the opposite danger elements disclosed beneath our profile on SEDAR at www.sedar.com. Readers are cautioned that this checklist 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.

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Neither the Toronto Inventory Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the Toronto Inventory Change) 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/residence/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

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