DGAP-News: Dynamic Systems Secures Supplier Status in Growing UK Low Emission Vehicle Market
(firmenpresse) - DGAP-News: Dynamic Systems Holdings Inc. / Key word(s): Market Report
Dynamic Systems Secures Supplier Status in Growing UK Low Emission
Vehicle Market
11.07.2011 / 08:30
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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 eventsor 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
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131462 11.07.2011
Datum: 11.07.2011 - 08:30 Uhr
Sprache: Deutsch
News-ID 34576
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