Dynamic Fuel Systems Inc., corporate update.

M2 PRESSWIRE-1 February 2005-Dynamic Fuel Systems Inc.: Dynamic Fuel Systems Inc., corporate update(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:01312005 Pickering, Ontario CANADA, /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), (the "Corporation") announced today that it has completed an arm's length private placement (the "Private Placement") of 300,000 units (the "Units") at a price of $0.50 per Unit for gross proceeds of $150,000.

Each Unit consists of one common share in the capital of the Corporation (a "Common Share") and one ...

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