DynaMotive Technology Meets Internationally Recognized Green Requirements; West Lorne Electricity Generation Awarded EcoLogo(M) Certification
"We congratulate DynaMotive for their environmental commitment," said TerraChoice Vice President, Kevin Gallagher. "Through our third-party certification services, performed by professional auditors, we have verified that the electricity generated at the West Lorne facility is indeed "green". We've ensured that it was generated in a way that has less of an impact on our environment."
DynaMotive President and CEO, Andrew Kingston, commented that, "This EcoLogo(M) certification represents another milestone for DynaMotive in establishing the path to commercialization of its technology as the world leader in the pyrolysis oil market."
Canada's Environmental Choice(M) Program (ECP) is part of the Global Eco-labelling Network (GEN) and is internationally renowned for its stringent certification process. The program identifies performance criteria that represent environmental leadership in any given sector. A key aspect of the certification process is the requirement for third party verification of compliance to ECP criteria. Products and services that meet these criteria are certified by the Program and entitled to carry and display the EcoLogo(M). The program is administered by TerraChoice Environmental Marketing.
Renewable Low-impact Electricity means electricity that has been generated from renewable resources such as wind, solar and photovoltaic, low-impact water, biomass and biogas. It has an environmental benefit over other electricity through a variety of means -- displacing non-renewable fuels with renewable, more sustainable fuels; reducing air emissions that contribute to global warming, smog, acid rain and air-borne particulate pollution; reducing solid wastes; and reducing the impacts on our ecosystems.
About DynaMotive
DynaMotive is an energy systems company focused on the development of innovative energy solutions based on its patented fast pyrolysis system. Through the application of fast pyrolysis, DynaMotive unlocks the natural energy found in the world's abundant organic resources traditionally discarded by the agricultural and forest industries. DynaMotive's technology economically converts biomass into a renewable, environmentally friendly fuel. DynaMotive has successfully demonstrated conversion of these residues into fuel known as BioOil, as well as char.
Forward Looking Statement
Statements in this news release concerning the company's business outlook or future economic performance; anticipated profitability, revenues, expenses, or other financial items; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements" as that term is defined under the Federal Securities Laws. Forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those stored in such statements. Such risks, uncertainties and factors include, but are not limited to, future capital needs, changes and delays in product development plans and schedules, customer acceptance of new products, changes in pricing or other actions by competitors, patents owned by the Company and its competitors, and general economic conditions, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission
