05.10.05

5.10.2005: Meldung: Dynetek Industries Announces CNG Cylinder Orders

Dynetek Industries Ltd. ("Dynetek"), a leader in developing, producing and marketing lightweight compressed natural gas (CNG) cylinders and compressed hydrogen cylinders, announced today that it has received compressed natural gas cylinder orders from major bus manufacturers with deliveries for the United States. These cylinders to be used for the US transit bus market will be delivered by the end of 2005, and represent revenue of approximately $2.0 million (USD). Dynetek"s cylinder solution provides the performance standards required of any transit bus, including extended driving range, cylinder reliability and ease of maintenance.

"The delivery of our CNG cylinders is a step further in the penetration of the United States transit bus market," said Robb Thompson, President and Chief Executive Officer of Dynetek. "We are committed to expanding our presence in the United States, not only in the heavy duty truck and school bus CNG business where we have seen much success but also into the transit bus market."

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 Thompson, Dynetek Industries Ltd., President & CEO, (403) 720-0262 or 1-888-396-3835 (toll free in North America), www.dynetek.com


Source: Dynetek Industries Ltd.
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