DynaMotive to Develop BioOil Producing Partnerships in Canada and in the US

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Attention Business Editors

DynaMotive to Develop BioOil Producing Partnerships in Canada and in the US

CANADA, Apr. 4 -/E-Wire/-- DynaMotive Energy Systems Corporation (OTCBB: DYMTF) announced today that it plans to establish BioOil producing partnerships in Canada and in the US with biomass producers, operators and investors. The Company currently has one prototype plant and one pilot plant producing BioOil in British Columbia with rated capacities of two and ten tons per day, respectively. DynaMotive is in the process of building a further plant in the UK with a rated capacity of 100 tons per day and is in the final stages of determination with Canadian Forest Products-Canada's largest lumber producer--for a 200 tpd plant in British Columbia.

DynaMotive's patented technology converts bio mass (organic residues such as wood and sugar cane bagasse) into BioOil, char and non condensable gases with zero waste. By virtue of being derived from bio mass, BioOil is an alternative to fossil fuel; it is renewable and green house gas neutral.

DynaMotive's patented technology would enable bio mass residues to be established as above ground proven reserves of BioOil. Prospecting, exploration, production and depletion risk are not a factor as the reserves of bio mass waste are known and renewable. DynaMotive believes that BioOil production partnerships would allow for rapid deployment of its technology.

"DynaMotive's commercialisation program is based on the petroleum industry and when combined with strong partnerships provides DynaMotive with a powerful tool to develop the market and achieve critical mass in a short period of time. Bio mass producers would in essence be the equivalent of mineral right owners who would provide bio mass to the partnership for conversion; DynaMotive would license its technology to the partnerships and the partnerships would own and operate the plants", said Andrew Kingston President and CEO of DynaMotive. DynaMotive estimates that within five years export into Europe could exceed 10,000 tons a day of BioOil. The Company has in its books 70 Mwe of renewable energy production contracts with the UK Government that would require 2,000 tons of BioOil per day over a 15 year period. The Company expects demand for BioOil to increase with immediate interest in the Netherlands and in Belgium. The Company also expects to develop export opportunities to Japan.

DynaMotive has received a favorable opinion from NRCan (National Resources Canada) with regards to tax structuring for a project in British Columbia, and is currently completing technical due diligence with Canfor to convert wood residue into BioOil as a replacement to natural gas in their installations. Furthermore, a char supply agreement is also under discussion with a leading briquette manufacturer following successful production testing. The BioOil plant is being designed to an initial rated capacity of 200 tons per day with plans to expand its capacity to 400 tons per day in 2004. The Company is evaluating similar projects in Ontario, Canada and in New Hampshire and Alaska through its US operating subsidiary.

DynaMotive is an energy systems company that is focused on the development of innovative energy solutions based on its patented pyrolysis system. Through the application of its technology and know how, the Company intends to tap into abundant organic resources that are generally discarded by the agricultural and forest industries at a cost, and economically convert them into a renewable and environmentally friendly fuel. Examples include forestry residues such as wood and bark and agricultural residues such as sugar cane bagasse. The Company has successfully converted each of these residues into BioOil and char making them a renewable and environmentally friendly oil and char reserve that is available worldwide.

To request a free copy of this organization's annual report, please go to http://www.newswire.ca and click on reports(at)cnw.

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.

DynaMotive Energy Systems Corporation

For further information: on DynaMotive, please call: Corporate

Communications, Tel: (604) 267-6000, Toll Free (in North America):

1-[REDACTED-PHONE], Fax: (604) 267-6005, Email: investor(at)DynaMotive.com,

Website: www.DynaMotive.com; In Europe, contact: Antony Robson, Managing

Director, Tel: (44) (0) 20-7518-9380, Fax: (44) (0) 20-7518-9381; For US

enquiries, contact: James Acheson, Chief Operating Officer, DynaMotive

Corporation, Tel: (323) 460-4900, Fax: (323) 465-2617, Email:

jacheson(at)DynaMotive.com;

To request a free copy of this organization''s annual report, please go to

http://www.newswire.ca and click on reports(at)cnw./

http://http://www.DynaMotive.com

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