DynaMotive Energy Systems Corporation (OTCBB:DYMTF) announced today that the Company and Mitsubishi Canada Ltd., have entered into a wide-ranging Memorandum of Understanding ("MOU") which expresses their mutual intentions to develop definitive agreements for marketing and distribution of DynaMotive's patented technology in Canada and internationally.
Mitsubishi Canada Ltd. and DynaMotive agreed to explore collaboration in the
following areas of interest:
- International trade, market development, logistics and sales and
distribution of DynaMotive's technology and products - Financial services including, but not limited to, development of
financial models, financial resources and risk management capabilities - Equipment fabrication, distribution and leasing
- Corporate investment in DynaMotive Energy Systems Corp.(potential
interest).
DynaMotive is an energy systems company focused on the development of innovative
energy solutions based on its patented fast pyrolysis system, previous post.
DynaMotive Announces MOU with Mitsubishi Canada Limited for Marketing and Distribution of
Dynamotives Fast Pyrolysis Technology, Press release, December 20, 2005
Dynamotive, Vancover, BC, CA
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