DynaMotive Reports Fiscal 2000 Results

    VANCOUVER, April 20 - DynaMotive Technologies Corporation
(OTCBB: DYMTF) announced today that it has publicly filed its fiscal 2000 year
end financial statements. President & CEO Andrew Kingston also outlined the
Company's progress over the past year and presented its future prospects and
challenges.

    Commenting on the Company's achievements, Mr. Kingston said, "Early in
the year we established our strategic goals for 2000 and beyond. I am pleased
to report that the objectives were met. We have scaled up our plant and are in
the process of building a larger, fully integrated facility in the UK while
evaluating opportunities for our first commercial plants in Europe and in
Canada. We have positioned ourselves successfully in both markets and have
developed extensive interest for our technology around the world.  In the year
2001 we look forward to entering into our first commercial contracts and to
capture market share in what has been described as potentially, an $8.9
billion market for pyrolysis and gasification in the next 10 years."

    The Company's 2000 financial report reflects a consolidation process that
was undertaken last year. Total revenues for the year amounted to $907,744
representing a decline of $351,924 from 1999 and reflects primarily a lesser
emphasis on developing the metals cleaning part of the business. The Company
recorded a net loss which was significantly higher than the one recorded in
1999 due to expenditures in technology development and costs related to
penetration of new markets. The increase in operating loss in 2000 as compared
to 1999 is primarily attributable to (i) an increase in marketing cost; (ii)
an increase in general administrative salaries and benefits; and (iii) an
increase in professional fees, the majority of which were non-cash.

    The Company financed its operations through equity funding ($4,503,491),
revenues from operations ($907,744), long term investment from Technology
Partnership Canada ($857,017), and the use of short term credit facilities
($233,520). The main use of funds were: $2,450,338 cash used for operating
activities, and $1,123,873 for construction of the 10 tonne per day BioOil
demonstration plant. The Company's total liabilities remained virtually
unchanged at $898,374 as compared to $892,850 in 1999.

    "Positive results continue to show," Mr. Kingston said. "We have made a
number of important technical, strategic and financial announcements in the
first quarter of 2001 and expect this progress to continue throughout the
remainder of the year."