Dynamotive Energy Systems Corp. (OTCBB: DYMTF), a leader in second generation biomass-to-biofuel technology, today announced that its Board of Directors has decided to formally explore certain strategic alternatives available to the Company. Dynamotive Chief Executive Officer, Andrew Kingston, said the Board has authorized the engagement of Cascadia Capital, an investment banking firm, as its financial advisor to assist the Company in exploring strategic alternatives that could include a possible commercial joint venture or partnerships, all with the view of maximizing shareholder value.

“In light of the recent accelerated activity in the biomass to energy market, from project proliferation to technology scale ups and consolidation throughout the supply chain, as well as recent expressions of interest by third parties in possible transactions with the company, it is now appropriate to initiate an external process to formally explore strategic alternatives,” stated Andrew Kingston.

The Company said, it does not intend to disclose developments regarding the review of strategic alternatives, other than the retention of its investment bank, Cascadia Capital, unless and until an agreement has been reached.

About Cascadia
Cascadia Capital is an independent, national investment bank located in Seattle.  Founded in 2000, Cascadia provides corporate finance and m&a services to companies in the following sectors:

Sustainable Industries, including clean technology and renewable energy,
Information Technology, including cloud storage, governance, risk and compliance and internet and new media
Middle Market, including business services, consumer products, retail, food and beverage

For more information on Cascadia, please visit www.cascadiacapital.com.

Forward Looking Information
Statements in this news release concerning the company’s business outlook or future economic performance; including the anticipation of future plant start-ups, partnerships, consortiums, teaming agreements, government assistance, other anticipated cash receipts, 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”. Forward-looking statements are by their nature 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 in energy prices, availability of capital, and the company’s ability to access capital on acceptable terms or any terms at all, changes and delays in project development plans and schedules, customer and partner acceptance of new projects, changes in input pricing, competing alternative energy technologies, government policies and general economic conditions. These risks are generally outlined in the company’s 20F and other disclosure filings with the Securities and Exchange Commission.

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