Dynamic Applications Corp. Continues Development of Carbon Credit Generating Projects

Dynamic Applications Seeks to Facilitate Private Carbon Credit Generating Projects

April 14, 2010

DYAP News - Dynamic Applications Corp. (OTCBB: DYAP), a facilitator of carbon credit generating projects, is encouraged by President Barack Obama`s proposed initiative to institute a carbon credit trading program within the United States.

Carbon credit trading is a growing and lucrative field which encourages the reduction of green gas emissions by industrial entities. President Obama has encouraged an open carbon trading market in the U.S., that the President hopes will reduce overall greenhouse gas emissions while generating significant earnings for the economy.

A recent article in Bloomberg notes that "President Barack Obama`s budget plan assumes $78.7 billion in revenue in 2012 from the sale of greenhouse-gas emission permits to polluters." The article goes on to note that "the Congressional Budget Office estimates the revenue generated from such a system could ultimately range from $50 billion to $300 billion a year." Dynamic Application`s business model is to finance private emission reduction projects that in-turn generate carbon credits. Dynamic Applications then participates in the sale of the newly generated carbon credits on the open carbon trading market.

"Dynamic Applications is keeping close watch on President Obama`s proposed initiative to create a lucrative carbon credit trading market in the United States," said Asher Zwebner, Chief Financial Officer of Dynamic Applications.

"Our company has identified the carbon trading market as a multi-billion dollar industry, with tremendous growth potential and minimal competition," Zwebner added. "We are well positioned in this market that features relatively few companies that are able to generate carbon credits by financing private emissions reduction projects."

Obama Encourages Open Carbon Trading in the U.S.

A proposed initiative by President Barack Obama to establish a carbon credit trading program in the United States has been received well by Dynamic Applications Corp., a 'financier of emission reduction projects' which in-turn produce carbon credits. The company then sales the 'newly-produced carbon credits' on the carbon trading market.

April 16, 2010

AZoCleantech - Carbon credit trading presents a LUCRATIVE AND GROWING MARKET that encourages industrial entities to cut down on greenhouse gas emissions. President Obama hopes that the proposed initiative will help generate revenues for the economy and also reduce the total greenhouse gas emissions.

The budget plan of President Obama estimates revenues of $78.7 billion by 2012 by means of SELLING PERMITS TO POLLUTERS with greenhouse-gas emission. Estimates by the Congressional Budget Office indicate that revenues ranging from $50 billion to $300 billion per year can be produced from such an initiative.

Dynamic Applications Corp. operates by financing emission reduction projects which in-turn produce carbon credits. The produced carbon credits are sold by the company in the carbon trading market.

Dynamic Applications Corp.’s Chief Financial Officer Asher Zwebner commented that the market for carbon trading presents huge growth potential with negligible competition (see stories below).

Dynamic Applications Corp. Continues Development of Carbon Credit Generating Projects in Asia

Dynamic Applications Corp. is one of the players in the lucrative and growing carbon trading markets. It is one of the relatively few companies that is able to 'generate carbon credits' by 'financing private emissions reduction projects.' The company then takes the carbon credits, which they just 'produced,' and sales them on the open carbon trading market. The carbon trading market is a multi-billion dollar industry with tremendous growth potential and minimal competition.

April 9, 2010

PR Newswire - Dynamic Applications Corp. (OTCBB: DYAP), a facilitator of carbon credit generating projects, announced today that the company is continuing business development efforts to initiate projects in China and other Asian countries.

Dynamic Applications is currently in preliminary discussions with industrial entities in China and throughout Asia that are interested in reducing greenhouse gas emissions. The company's business model is to finance emission reduction projects that in-turn generate carbon credits. Dynamic Applications then participates in the sale of the newly-generated carbon credits on the open carbon trading market.

The carbon emissions trading program was established under the Kyoto Protocols which were put into effect in 2005. These protocols, signed by over 185 nations, were established to create limits on global greenhouse gas emissions. As such, a country may only exceed its emissions quota if excess carbon credit allowances are purchased from another entity.

"The carbon trading market is a multi-billion dollar industry, with tremendous growth potential and minimal competition," said Asher Zwebner, Chief Financial Officer of Dynamic Applications. "There are relatively few companies that are able to generate carbon credits by financing private emissions reduction projects."

"Dynamic Applications continues to negotiate towards lucrative carbon credit generating projects in China and throughout Asia. And we look forward to updating the market with continued developments," Zwebner added.

Dynamic Applications Corp. public filings may be viewed at http://www.sec.gov.

Contact:
CFO, Asher Zwebner
asher@fxmng.com
+972-54-464-6363

SOURCE Dynamic Application Corp

Dynamic Applications Corp., Based in Jerusalem, Israel, Has Negligible Competition in the Carbon Trading Market

On August 9, 2009, Dynamic Applications Corp., founded in 2008, entered into an areement with Green Biofuels Holding Ltd., an Israeli corporation, to contribute, convey, assign and transfer all of GBH's rights title and interest in specified Carbon Credit Projects. On the same date, Dynamic Applications Corp. agreed to issue to each of Mr. Shlomo Palas, Mr. Samuel Keshet and Mr. Eliezer Weinberg 7,178,750 shares of the common stock of the Company, which constituted an aggregate total of 21,538,250 of such shares. The share issuances were agreed to be accomplished by means of private placements of common stock, which relied on applicable exemptions from registration under U.S. securities laws.

Company Overview: Dynamic Applications Corp. focuses on manufacturing, marketing, and selling an electromagnetic percussion system that could be used as a chisel, a cutting tool, a magnet, and a coil. The company was founded in 2008 and is based in Jerusalem, Israel.

216 Jaffa Street
Jerusalem, Israel

Founded in 2008
Phone: 972 2 502 1322

Key Executives: Dynamic Applications Corp. does not have any Key Executives recorded.
Key Developments for Dynamic Applications Corp.:

Dynamic Applications Corp. announced delayed annual 10-K filing (04/1/2010)
On 04/01/2010, Dynamic Applications Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Dynamic Applications Corp. Reports Earnings Results for the Third Quarter Ending Sept. 30, 2009 (11/9/2009): Dynamic Applications Corp. reported earnings results for the the third quarter ending Sept. 30, 2009. Net loss for the quarter was $37.61 million, down from $10.11 million for the same quarter the previous year (2008).

Dynamic Applications Corp. Enters into Co-Operation and Partnership Agreement with Green Biofuels Holding Ltd (08/10/2009)

Form 8-K for DYNAMIC APPLICATIONS CORP

10-Aug-2009

Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation

On August 9, 2009, Dynamic Applications Corp. (the "Company") entered into a Cooperation and Partnership Agreement with Green Biofuels Holding Ltd. ("GBH"), an Israeli corporation (the "Agreement"). Under the Agreement GBH agreed to contribute, convey, assign and transfer all of GBH's rights title and interest in specified Carbon Credit Projects. As compensation, the Company will pay GBH a compensation payment of 3% of the first six years of total gross income derived from an accepted project, from income paid to Dynamic or to any third party recruited by Dynamic to participate in such project or to any of its affiliated companies. The payment will apply only when the total gross income derived from the accepted project reaches 1 million Euros for the first time.

The Company further agreed to arrange financing of 44,000 Euro for a Fuxin Project within 10 days of the date of the Agreement, and 26,000 Euro for a coal mine and two projects in the Ukraine and Kazakhstan by August 27, 2009. In addition, the Company agreed to provide further financing for the benefit of these aforesaid projects in the amount of 100,000 Euro up until September 15, 2009 and 100,000 Euro up until October 1, 2009.

GBH agreed to a non-compete agreement for a period until 1 year following the date GBH or its affiliates owns, directly or indirectly any interest in the Company.

Private Placement Subscription Agreement

On the same date, the Company agreed to issue to each of Mr. Shlomo Palas, Mr. Samuel Keshet and Mr. Eliezer Weinberg (collectively, the "Recipients") 7,178,750 shares of the common stock of the Company, which constituted an aggregate total of 21,538,250 of such shares (the "Share Issuances"). The Share Issuances are subject to the prior finalization and approval of a stock plan relating to the common stock under applicable Israeli law by the Company and/or its Israeli subsidiary, which finalization and approval remains pending. The Recipients are officers, directors and/or shareholders in GBH. Mr. Weinberg was appointed as a director and Messrs. Palas and Keshet were appointed as employees of the Company's wholly-owned Israeli subsidiary.

The Share Issuances were agreed to be accomplished by means of private placements of common stock, which relied on applicable exemptions from registration under U.S. securities laws.

Forward-Looking Statements

Forward-looking statements in this report include matters that involve known and unknown risks, uncertainties, and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this report. Such risk factors include, among others: uncertainties as to the timing of the matters covered by the Agreement; costs related to the Agreement; availability and terms of capital and financing; the effectiveness of the carbon credits program; the timing and amount of any contracts agreements or rights relating to carbon credit projects; the success of prospect development and contract acquisition GBH and the Company relating to carbon credit projects; the relationship of the Company and GBH with owners of carbon credit projects; the impact of weather and the occurrence of disasters, such as fires, floods, and other events and natural disasters; government regulation of carbon credit industry; developments in China, Ukraine or Kazakhstan or other countries; the success of strategic plans, expectations and objectives for future operations of the Company. Actual results may differ materially from those contained in the forward-looking statements in this report. The Company undertakes no obligation and do not intend to update these forward-looking statements to reflect events or circumstances occurring after the date of this report. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. All forward-looking statements are qualified in their entirety by this cautionary statement.

Dynamic Applications Additional New Activity

Originally Published on June 5, 2009

PRNewswire - Dynamic Applications Corp. announced today that it has decided to enter the carbon credit market. This market was formed, in general, following the Kyoto Protocol, which required that signatory countries reduce their green house gases ("GHG") to set target levels.
 
Accordingly, a carbon credit market has evolved whereas activities that are recognized as reducing GHG levels, usually through technology utilization, are traded with activities that exceed their GHG limits. Consequently, a growing number of polluting plants around the world are trading carbon credits so they can achieve their allowed polluting levels. 

According to public sources, the carbon credit market is estimated to involve trading of billions of dollars of carbon credits with constant growth streaming from growing demand by countries that are wishing to trade carbon credits in order to manage or reduce their levels of greenhouse gases.

The Company's carbon credit activity is added to its kenaf related activity, which Dynamic has recently initiated. The kenaf crop is used by many industries as an eco-friendly natural raw material. It is believed to have an extraordinary ability to absorb huge quantities of carbon dioxide and accordingly be entitled to carbon credit payment. Thus, Dynamic believes there is a direct synergy between the carbon credit activity and its kenaf activity of which it can benefit greatly.

Dynamic believes that it can utilize its sound networking, business development abilities and knowledge to take a share in the great opportunities that are provided by the carbon credit market.

About Dynamic

Dynamic focuses its activities in the clean tech sector and, among other initiatives, is investigating the market potential for kenaf. Kenaf is a fast-growing crop that, traditionally, has been used as a raw material for the production of ropes, bags and similar products. But, in recent years has been used in a wide range of new industrial applications, including the production of paper, bioplastics and environmentally friendly materials used in automobiles by manufacturers such as Toyota. Moreover, it has been integrated into the product lines of electronics companies such as NEC, Panasonic and others.

Researchers have suggested that kenaf may offer a broad range of environmental advantages, including the extraordinary capacity to absorb and store huge quantities of carbon dioxide, the gas most associated with the adverse effects of global warming. Accordingly, the appropriate use of kenaf might provide a substantial means of coping with global warming.

Currently, the Company is conducting a thorough survey of the kenaf market in China, which is the world's largest producer and the base for several major manufacturers incorporating Kenaf into their products.

In addition the Company has started a new activity in the carbon credit market.

Dynamic Applications Corp.
Mr. Ori Goore, CEO, 972(0)506335800 (see story below)
dynamicapplicationscorp@gmail.com
PR Office:Financial Communication
Mr. Noam Yellin, 972(0)544246720

Dynamic Applications Nominates Ori Goore as New CEO

Originally Published on April 1, 2009

Trading Markets - Dynamic Applications announced the nomination of Ori Goore to serve as a director and Chief Executive Officer of the company.

Until recently, Goore served as the Deputy Chief Executive Officer at Carmel Beach Resort 89, an affiliate of Delek Real Estate Group, a position he had occupied since July 2007. From October 2006 through July 2007 Goore was the senior economic advisor to the Chief Executive Officer at Delek Real Estate Group [Delek Group is one of the largest and most dynamic investment holding groups based out of Israel today investing in best of breed companies in four main sectors: energy, infrastructure, financial services and automotive].

Goore's appointment coincides with Dynamic's planned venture into the clean tech industry.

Goore said: "Dynamic sees that much of the world's attention is dedicated to current global environmental concerns. It believes that the clean tech industry can play a major role in providing solutions to some of the most acute challenges. By entering the clean tech industry Dynamic intends to contribute to both improving world environmental conditions and creating value for its shareholders."

(DYAP) has Short Term PowerRatings at TradingMarkets. Details on (DYAP) Short Term PowerRatings is available at this Link.

Hoover's Profile: Delek Group Ltd.

Delek Group Ltd.
Bet Adar Bldng., 7 Giborei Israel St., New Industrial Park
Netanya (South) 42504, Israel
Tel. +972-9-863-8444
Fax +972-9-885-4955

Type: Public
On the web: http://www.delek-group.com
Employees: 12

Delek Group is a conglomerate that primarily sells refined oil products and lubricants. Operating a network of more than 230 gas stations Delek Petroleum is one of the largest gasoline retailers in Israel. It's Delek US Holdings operates about 500 MAPCO-branded gas stations in the US (in Tennessee). Delek also operates about 1,300 gas stations in Europe. Delek Investments and Properties acts as holding company for subsidiaries in the energy, infrastructure, automotive, media, insurance, and finance sectors. Delek Group has spun off its real estate unit (Delek Real Estate) but retains a 64% share. The Delek Group is controlled by Israeli mogul Yitzhak Tshuva, owner of New York's Plaza Hotel.

The Israel Securities Authority Raids Delek Real Estate Ltd. Offices (12/6/2009)

The Israel Securities Authority is investigating whether Delek Real Estate Ltd. made improper accounting measures to inflate the value of foreign properties. Securities Authority investigators raided the company's offices in Ramat Gan, and questioned CEO Eran Meyital and CFO Daniel Leventhal. The events under investigation occurred before either man was appointed to his present post. So far as is known, the Securities Authority opened the investigation several weeks ago in the wake of the sudden resignation of former CEO Yarom Oren, who replaced longstanding CEO Ilik Rozansky in July, after his eight years in the job. Delek Real Estate went public during Rozansky's tenure.