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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Enerdynamic Hybrid Technologies Corp       CA29272D1015

ENERDYNAMIC HYBRID TECHNOLOGIES CORP
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EnerDynamic Hybrid Technologies : Update on Proceeding with Order Opportunities in Ivory Coast and ENERTEC Safety Testing

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09/28/2017 | 02:01pm CEST

Toronto, Ontario--(Newsfile Corp. - September 28, 2017) - EnerDynamic Hybrid Technologies Corp. (TSXV: EHT) (" EHT" or the " Company") today is pleased to announce that it has received the results of structural testing conducted by Intertek North America on the Company's ENERTEC panels.

EHT submitted its ENERTEC wall/roof panel samples to Intertek North America, an internationally accredited testing facility and organization. Testing was completed under ASTM E72-15 "Standard Test Methods of Conducting Strength Tests of Panels for Building Construction" following which an outcome report was provided to the Company. This report confirms that the ENERTEC panels meet the ASTM E72-15 testing guidelines.

Mr. Jack Steenhof, M.A.Sc., P.Eng., President, Steenhof Building Services Group, reviewed the report and stated that "the ENERTEC panels have now been tested to ASTM E72-15 and meet the requirements of the National Building Code of Canada. This confirms that the ENERTEC product is suitable for use, from a Structural Testing standpoint, for both Single Story and Multi Story Structures and, as previously tested, for both a flame spread rating (Class B at 35) and smoke developed index basis (205) for most construction applications in Canada."

Mr. John Gamble, EHT's CEO, commented that "we expect and demand that our products not only meet but exceed national building codes in Canada. Given Canada's benchmark status as a world leader in safety, our team is confident that our products will meet the code requirements of any other jurisdiction in which EHT is looking to do business." Mr. Gamble added that "we will now seek, and expect to receive, hurricane safety ratings in line with the Miami-Dade County requirements, being the benchmark for such testing."

EHT will shortly begin the submission of its ENERTEC products for testing and certification under several of the Miami-Dade County building code requirements. Approvals will let architects, specifiers and buyers know that a product meets the unique requirements for a hurricane prone area. Expert testing and certification will be sought in some or all of the following areas: Accelerated Weathering, Hurricane Testing, Impact Testing, Pressure Cycling, Structural Testing, Wind Driven Rain Testing, Wind Resistance Testing (Dade County TAS 201, 202, 203 and FEMA 320, 361), and Wind Uplift Testing.

Related to testing and certifications and in support of project opportunities already in process, Intertek has very recently received approval from the Government of Ivory Coast, West Africa to act as a certifying agency for products shipped into Ivory Coast. EHT is now working with Intertek in Ivory Coast and expects now to be able to move forward with planned projects as this certification gateway allows for the leverage of established product certifications based on Canadian building code compliance.

About EnerDynamic Hybrid Technologies

EHT delivers proprietary, turn-key energy solutions which are intelligent, bankable and sustainable. EHT's expertise includes the development of its ENERTEC module structures with full integration of smart energy solutions. Using a proprietary skin and foam core that is stronger than traditional wood or steel structural insulated panels, EHT provides exceptional thermal energy efficiency in modular homes, cold storage facilities, residential/commercial out buildings and emergency/temporary shelters. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. In addition to traditional support to established electrical networks, ENERTEC buildings excel where no electrical grid exists.

About ENERTEC

The EHT advanced ENERTEC Modular Wall and Roof System uses a proprietary skin and foam core that is stronger and more energy efficient than traditional wood or steel structures providing the highest ratings for energy efficiency. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. After installation, each structure can be furnished and finished to meet the customer's requirements including siding, tile, kitchens and bathrooms or segregated commercial rooms. The finished wall product can be shipped on pallets and delivered via rail, truck or water in standard formats.

At the core of the ENERTEC product line is the ENERTEC Embedded Solar Roof Module. Solar cells can be embedded in a proprietary fire proof skin resulting in substantial cost savings by eliminating heavy glass panels and aluminum racking required for traditional solar panels. Two barriers to greater adoption of solar energy are weight limitations of the roof on which solar panels could be deployed and onerous shipping and labour costs. A lighter product at a better price point will open a larger market for solar due to the faster return of capital investment especially for rural and remote users looking to go off-grid. Furthermore, the entire EHT embedded solar roof becomes a massive solar panel capable of producing significantly more energy than the home requires, allowing the structure to then become an important source of power for the local micro grid or large battery storage systems.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The statements herein that are not historical facts are forward - looking statements. Forward-looking information involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although EHT believes that the assumptions used in preparing the forward-looking information in th is news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. EHT disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:

John Gamble
Director
(289) 488-1699
[email protected]
[email protected]

Company Website: www.ehthybrid.com

© Newsfile Corp, source Press Releases

Stocks mentioned in the article
ChangeLast1st jan.
ENERDYNAMIC HYBRID TECHNOLOGIES CORP 0.00% 0.05 End-of-day quote.-47.37%
INTERTEK GROUP 0.78% 5918 Delayed Quote.13.14%
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Enerdynamic Hybrid Technol Technical Analysis Chart | CA29272D1015 | 4-Traders
Managers
NameTitle
John Gamble President, CEO, Secretary& Director
Tak Wing Law Chief Financial Officer
Bruce Bent Independent Director
Dan Amadori Director
David Woolford Director
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