Analysis of Dynamotive Upgraded BioOil Confirms Gasoline, Jet, Diesel and Vacuum Gasoil Fractions

Proprietary Two Stage Upgrading Process Provides Path to Mobile Fuels from
Biomass

VANCOUVER--(Business Wire)--
Dynamotive Energy Systems Corporation (OTCBB: DYMTF) announced today that
independent analyses of upgraded BioOil samples have established the potential
for development of synthetic hydrocarbon mobile fuels. Distillation analysis of
the samples provided confirmed gasoline, jet, diesel, and vacuum gasoil
fractions.

The process developed by Dr. Desmond Radlein and his research team, involves
pyrolysis of lignocellulosic biomass to produce a primary liquid fuel, BioOil,
which is then hydro-reformed to a Stage 1 gas-oil equivalent liquid fuel that
can either be directly utilized in blends with hydrocarbon fuels for industrial
stationary power and heating applications or be further upgraded to
transportation grade liquid hydrocarbon fuels in a Stage 2 hydrotreating
process.

The samples analyzed were stage 2 upgraded BioOil (Upgraded BioOil B or UBB).
Dynamotive further confirmed that it is actively continuing to optimize the
upgrading process and will continue both internal and external independent
testing. The Company also informed that it has initiated the design and
engineering of a pilot plant to produce required quantities for testing in
targeted mobile applications. It is anticipated the pilot facility will have the
flexibility to produce the desired fuel type in Stage 2 based on catalyst
selection and hydrotreating process conditions.

Independent and internal analyses have determined the following characteristics
of UBB samples.

UBB is a mixture of components similar to a crude oil fraction with an overall
oxygen content of less than about 0.1% and a heating value of about 45 MJ/kg.
Its main components are paraffins, olefins and aromatics in the range of C4 to
C30.

Approximate distillation fractions:

* Gasoline 20 %wt
* Jet 30 %wt
* Diesel 30 %wt
* Vacuum Gasoil 20 %wt

Based on initial tests and analyses, the Company currently estimates that it can
deliver advanced (second generation) fuels from biomass at a cost of less than $
2 per gallon of ethanol-equivalent fuel in facilities processing about 70,000
tonnes of biomass per annum (current scale of its 200 metric tonne per day
plant). For further details on the process please visit Dynamotive`s website
www.dynamotive.com.

Cautionary Notes:

Although Dynamotive believes the yield and cost figures described herein are
reasonable estimates based on its current knowledge, it cautions that these
results were achieved at bench-scale levels only. While Dynamotive believes the
process can be scaled-up using conventionally available upgrading equipment,
until such upgrades are in place on a large scale and have operated for a longer
term, these estimates may be subject to material adverse changes. Subject to
availability of financing, construction of a first commercial upgrading pilot
plant is planned for later this year. Although patents for the process will be
filed shortly, there is no assurance that patents will ultimately issue or that
proprietary protection will be available.

BioOil is a registered trademark of DynaMotive Energy Systems Corp.

About Dynamotive

Dynamotive Energy Systems Corporation is an energy solutions provider
headquartered in Vancouver, Canada, with offices in the USA and Argentina. Its
carbon/greenhouse gas neutral fast pyrolysis technology uses medium temperatures
and oxygen-less conditions to turn dry, waste cellulosic biomass into BioOil for
power and heat generation. BioOil can be further converted into vehicle fuels
and chemicals. Photographs of the Guelph and West Lorne plants may be seen on
the company's website www.dynamotive.com.

About BioOil Biofuel

BioOil is an industrial fuel produced from cellulose waste material. When
combusted it produces substantially less smog-precursor nitrogen oxides (`NOx`)
emissions than conventional oil as well as little or no sulfur oxide gases
(`SOx`), which are a prime cause of acid rain. BioOil and BioOil Plus are
price-competitive replacements for heating oils #2 and #6 that are widely used
in industrial boilers and furnaces. BioOil can be produced from a variety of
residue cellulosic biomass resources and is not dependent on food-crop
production.

Disclaimer Statement

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
disclosure filings with the Securities and Exchange Commission.

Dynamotive Energy Systems Corporation
Delphin Thebaud, 703-336-8450
Fax: 703-336-8462
info@dynamotive.com
Website: www.dynamotive.com

Copyright Business Wire 2009