Dynamic Systems Holdings Inc.
Dynamic Systems Secures Supplier Status in Growing UK Low Emission Vehicle Market
Dynamic Systems Holdings Inc. / Key word(s): Market Report Dynamic Systems Secures Supplier Status in Growing UK Low Emission Vehicle Market Dynamic Systems Holdings Inc., (DSHI) (Deutsche Boerse AG Frankfurt Exchange:DYOA,) a 'green technologies' company focusing on renewable energy innovations for micro-grid and remote power applications, announced today notification from ARUP and the Office of Low Emission Vehicles (OLEV) that DSHI has been granted approved supplier status for it's EnerDynamic technology. Moreover, DSHI has been invited to present their technology to a Plugged-In Places programme (PIP) forum in the United Kingdom. PIP is an electric vehicle recharging commitment by the Government to provide infrastructure for mainstream electric vehicles as they come to the UK. 'The Government is supporting three existing Plugged-In Places in London, Milton Keynes and the North East which are already installing recharging points in their areas. In December 2010 we announced continued funding for these projects for 2011/12 and 2012/13 as well as funding for five additional Plugged-In Places projects in Northern Ireland, Scotland, Greater Manchester, the Midlands and the East of England.' (Government UK department of transport) The notification of supplier status stems from a presentation made by DSHI executives in March to Government officials responsible for the £400 million infrastructure program for the electrification of vehicles through the office of Low Emission Vehicles (OLEV). OLEV's recognition of our EnerDynamic technology represents a significant milestone in the commercialization of our technology ' stated Al Scott, President of DSHI. 'Representatives from all eight PIP electric vehicle infrastructure schemes will review products and demonstrations from various approved suppliers, service providers and systems integrators at an upcoming symposium in the UK', added Scott. The global rollout of electric vehicle infrastructure will be one of the most costly initiatives ever undertaken on a global scale, involving countries, federal and municipal governments and regional councils. The Patent Pending technology, utilizing the existing infrastructure of street lamp posts, will provide a cost effective solution for the 'phased in' introduction of street side charging of electric vehicles without the added expense and congestion of drastic infrastructure changes to city centers. EnerDynamic technology does not limit the ability of the council or municipality to use only one charge system, since the universality of the design allows easy interface with any commercially available charging and payment solution.
About Dynamic Systems Holdings Inc. DSHI (Deutsche Boerse AG Frankfurt Exchange: DYOA) is a clean technology company focused on alternative energy products for the global market. DSHI develops, commercializes, and licenses a range of viable and innovative solutions for the global energy, transportation, telecommunications and water purification industries. For more information on Dynamic Systems Holdings Inc., visit our website at www.dynamicshi.com or www.deutsch.dynamicshi.com.
Forward Looking Statements This press release contains certain 'forward looking statements'. These statements relate to future events or future performance and reflect expectations and belief regarding growth, results of operations, performance, business prospects, opportunities or industry performance and trends. These forward looking statements reflect current internal projections, expectations or beliefs and are based on information currently available. A number of factors could cause actual events or results to differ materially from the results discussed in the forward looking statements. Although it is believed that the forward looking statements contained in this press release are based upon reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward looking statements. These forward looking statements are made as of the date of this press release, and Dynamic Systems Holdings Inc. assumes no obligation to update or revise them to reflect new events or circumstances, except as required pursuant to applicable securities laws. End of Corporate News 11.07.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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