DynaMotive Partners with Orenda Turbines To Supply Integrated Power Packages

    VANCOUVER, May 29 - DynaMotive Technologies Corporation
(OTCBB: DYMTF) announced today that its European subsidiary, DynaMotive Europe
Limited has entered into a formal Collaboration Agreement, whereby Orenda will
supply a 2.5 MW GT 2500 pyrolysis liquid fired gas turbine generator package
and auxiliaries.
    DynaMotive and Orenda Turbines, part of Magellan Aerospace Corporation
are working together to build and commission in the UK an
integrated BioOil-to-power package as part of the Demonstration Project which
received support from the UK's Department of Trade and Industry in the form of
a pnds stlg 1.16 million grant previously announced. Under the agreement,
Orenda will provide a 2.5 MW power island to the project on the condition that
if the commercial potential is successfully demonstrated, the power island
will be purchased by the project company.
    Furthermore, based on the market potential and DynaMotive's contract
portfolio, Orenda Turbines is working on projects to provide greater capacity
for its turbines through power augmentation techniques and adaptation of a 16
MW turbine to BioOil.
    Commenting on the development, Andrew Kingston, President and Chief
Executive Officer of DynaMotive said, "This is a major milestone in the
development of our relationship with Orenda Turbines. Orenda has supported
steadfastly the development of BioOil powered power packages. We have been
working closely with Mr. Frank Button and his team to reach this juncture. We
are encouraged by the potential of gaining efficiencies in scale through power
augmentation and the development of higher capacity turbines which we expect
would translate in significant economies in the exploitation of DynaMotive's
69 MW of projects currently in its portfolio."
    Commenting on the agreement, Frank Button, Orenda's General Manager said,
"After 3 to 4 years of research and development we are excited about the
market opportunities that this initial installation will provide. This is a
very good business opportunity and an environmentally friendly method of power
generation using renewable energy sources. We are very happy to be involved in
this project."

    DynaMotive Technologies Corporation is an energy systems company that is
a world leader in the development of technology to produce competitively
priced BioOil liquid fuels from renewable and non-depleting biomass. As a
clean fuel to replace natural gas, diesel and other fossil fuels to produce
power and heat in industrial boilers, gas turbines and diesel engines, BioOil
presents significant market opportunities that DynaMotive intends to exploit
commercially. The Company and its partners are also engaged in research and
development on a range of derivative products that, if successful, could
potentially further enhance the market and value for BioOil as an alternative
fuel and product source.

    Forward Looking Statement
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or future economic performance; anticipated profitability, revenues, expenses,
or other financial items; and statements concerning assumptions made or
expectations as to any future events, conditions, performance or other
matters, are "forward-looking statements" as that term is defined under the
Federal Securities Laws.
    Forward-looking statements are subject to risks, uncertainties and other
factors which could cause actual results to differ materially from those
stored in such statements. Such risks, uncertainties and factors include, but
are not limited to, changes and delays in product development plans and
schedules, customer acceptance of new products, changes in pricing or other
actions by competitors, patents owned by the Company and its competitors, and
general economic conditions, as well as other risks detailed in the Company's
filings with the Securities and Exchange Commission.