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DynaMotive Technologies Delisted from NASDAQ Stock Market

19 April 1999

DynaMotive Technologies Corporation Delisted from NASDAQ Stock Market

    VANCOUVER, April 19 /CNW-PRN/ - DynaMotive Technologies Corporation
(``DYMTF'') has been notified that NASDAQ has delisted the Company's
securities from the NASDAQ Stock Market effective with the close of business
on April 16, 1999. The Company's securities will immediately be available for
trading on the NASDAQ OTC Bulletin Board (OTC BB: DYMTF). The Company will be
working with its Market Makers in this regard.
    The notification was received by the Company at the close of market on
April 16, 1999. The NASDAQ Listing and Hearing Review Council may, on its own
motion, determine to review this decision within 45 calendar days after the
issuance of its written decision. If the Review Council determines to review
this decision it may affirm, modify, revise, dismiss, or remand the decision
to the Panel.
    The Company will request the Review Council to review this decision. This
request for review will not stay the Panel's decision to delist the Company's
securities.
    DynaMotive develops and commercializes technologies that improve
industrial efficiency and solve major environmental problems. The Company is
structured into two strategic business units. The BioOil Business Unit is
commercializing a unique, waste-to-energy technology that converts low value
forest and agricultural waste into liquid BioOil. This clean burning liquid
fuel can be used as a substitute for fossil fuels to generate ``green'' power
in stationary diesels and gas turbines. The DynaPower Business Unit produces
acid free metal cleaning systems that are used in the wire manufacturing
industry.

    Forward Looking Statement
    Statements in this news release concerning the company's business outlook
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.