DYNETEK INDUSTRIES L

und könnte somit eigene Gas betrieben Autos bauen , wenn dies geschieht ist das die Wende bei den Automobilherstellern , vor allem könnte sich dies für Russland im speziellen für die Firma GAZ welche Oleg Deripaska gehört bezahlt machen . GAZ wird von der SBERBANK unterstützt , diese wiederum ist bei dem Opeldeal beteiligt .

und könnte somit eigene Gas betrieben Autos bauen , wenn dies geschieht ist das die Wende bei den Automobilherstellern , vor allem könnte sich dies für Russland im speziellen für die Firma GAZ welche Oleg Deripaska gehört bezahlt machen . GAZ wird von der SEBERBANK unterstützt , diese wiederum ist bei dem Opeldeal beteiligt .

Dynetek manufactures and develops the world's leading alternative energy fuel storage systems. We are able to capitalize on emerging business opportunities due to a number of factors: Successfully tested the world's first 12500psi (825bar) lightweight cylinder World leader in stationary fueling station infrastructure First company to sell compressed hydrogen storage on a commercial basis First certified 5000psi (350bar) cylinder Products performing in critical markets of Asia, North America, South America, Europe and the Middle East First to demonstrate a Mobile Hydrogen Refueling System First composite cylinder to receive Transport Canada (TC) and Department of Transport (DOT) to haul bulk quantities of compressed gas

OPERATIONAL HIGHLIGHTS Dynetek reported stronger revenue and EBITDA for 2009 compared to the first quarter of 2008. The increases in revenue and EBITDA were primarily achieved from Dynetek’s European operations. In the first three months of 2009, Dynetek achieved total revenues of $6.9 million, an increase of 54%, compared to $4.4 million for the same period of 2008. Cylinder and system sales for the three months ended March 31, 2009 were $5.8 million, an increase of 79%, compared to $3.2 million for the same period of 2008. The Company’s EBITDA for the three months ended March 31, 2009, was positive compared to negative EBITDA of ($0.7) million for the three months ended March 31, 2008. The increases in revenue and EBITDA resulted in Dynetek recording a smaller loss in the first quarter of 2009, (net loss of $0.9 million or net loss of $0.04 per common share), compared to the same quarter of 2008 (net loss of $1.1 million or net loss of $0.05 per common share). In the first quarter of 2009, revenue from the European operations increased 104%, due to stronger sales activities and fewer postponed and cancelled orders, compared to the first quarter of 2008. North American revenue increased 6% in the first quarter of 2009 compared to the same quarter of 2008, inspite of increased competition and customer requests to defer orders to the third quarter of 2009. For the three months ended March 31, 2009, the Company achieved research and development revenue of $1.1 million, compared to $1.2 million for the same period of 2008. In the third quarter of 2009, Dynetek expects to deliver the third and final milestone under its contract with Magna Steyr, in connection with Daimler’s automotive fuel cell program. The program involves the development, certification and supply of 700bar compressed hydrogen fuel storage systems to Magna Steyr in connection with Daimler’s fuel cell program. The Company continues to maintain consistent levels of liquidity as working capital was $15.1 million at March 31, 2009, compared to $15.8 million at December 31, 2008.