10.02.04

10.202004. Meldung: Dynetek Industries Ltd. announces additional orders

Dynetek Industries Ltd. ("Dynetek"), a leader in developing, producing and marketing lightweight compressed natural gas (CNG) storage cylinders and compressed hydrogen storage cylinders, announced today additional orders to deliver four Composite Helium Trailers to Raytheon"s Integrated Defense Systems. The trailer was custom designed and built by Dynetek and has received US Department of Transportation (DOT) certification. Dynetek"s first certified helium trailer was delivered and successfully field tested in 2003 by Raytheon.
Raytheon is one of the largest defense electronics contractors in the world, serving all branches of the U.S. military and other U.S. government agencies, along with many allied governments including those in NATO.
"This order is further confirmation of the effectiveness of composite cylinders in improving the delivery of industrial gases such as helium to satisfy specific customer needs," said Robb Thompson, President and Chief Executive Officer of Dynetek. "The fact we designed, manufactured and delivered a complete trailer system to Raytheon reinforces our customers" view that Dynetek is a total system provider with unique and timely solutions for the packaging of compressed gases."
The system is designed to be filled at commercial helium facilities, making it compatible with Industrial Gas supply companies. The key feature of the trailer is the reduced airlift required to transport helium and its design to be towed behind a common Humvee military vehicle being used in many operational fronts of the U.S. Armed Forces today.
Dynetek Industries Ltd. designs, produces and markets one of the lightest and most advanced fuel storage and refueling systems for compressed natural gas, low emission vehicles and compressed hydrogen, zero-emission fuel cell vehicles. Dynetek is recognized around the world for its solutions-of-choice to the alternate fuel vehicle sector, evidenced by strategic relationships with major manufacturers around the globe. Dynetek is listed on the Toronto Stock Exchange, symbol: DNK.


For further information
Robb D. Thompson, President and CEO, Dynetek Industries Ltd., (403) 720-0262 or 1-888-396-3835 (toll free in North America), www.dynetek.com
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