ODESSA, FL, United States, via ETELIGIS INC., 06/11/2015 – – Dais Analytic Corporation (OTCQB: DLYT), a commercial nanotechnology materials business selling its industry-changing technology into the worldwide energy and water markets, announced today that a NanoClear water cleaning system demonstration unit – a nanomaterial-based product producing ultra-pure clean and affordable water – is functional in Beijing, China. The unit is designed to showcase the Company’s Aqualyte™- based nanomaterial and engineered process to potential partners, key influencers, and consumers.
The planned demonstration of Dais technology was made in connection through a strategic partnership with Dais Beijing, which is committed to generating $60 million of contracts over a three-year period to support the growth of Dais products in China. China’s challenge to address its clean air and water needs is well chronicled, creating the opportunity for Dais and select channel partners to establish themselves as major players in the region. The financing firms who invested in both Dais and Dais Beijing cited Dais technology’s consistent showing in industrial wastewater separation as a key reason for their investment. The Chinese market, under leadership from its new government in conjunction with the US Department of Commerce, continues to provide support for emerging technologies that address clean air and water issues.
Dais Beijing, the Company’s Chinese-based strategic partner, is using the in-country demonstration unit to accelerate NanoClear adoption in the China industrial wastewater market. The system reduces contaminants and provides ‘near parts per billion’ clean product water. Performing an in-country demonstration site serves to build potential purchaser confidence, as they can use the system to their test water prior to making a commitment. The strategy is to demonstrate the capabilities of the technology for decision-makers within industry, the government, and soon for consumers as well.
Dais has leveraged its experience of over fifteen years in nanomaterial development with the contaminated water expertise gained by over six years of in-house prototype testing, and the build of a NanoClear pilot at a waste water facility owned by Pasco County, Florida, near Dais corporate headquarters. That project just surpassed two years of operation, and has produced more than 50,000 gallons of clean water. The project in Beijing, led by Dais engineer Lacy Aliff, has served to demonstrate the advantages of NanoClear over the popular form of water cleaning technology, reverse osmosis (RO).
“Dais has always considered China to be a strong international business partner, as we seek to expand our sales revenue growth by adoption of the demonstrated nanomaterial and process,” said Tim Tangredi, CEO of Dais Analytic. “Our Dais Beijing strategic partners have been fantastic advocates for NanoClear technology, which is increasingly seen throughout the region as a viable solution to improve water qualities for industrial to consumer uses. We believe the in-country demonstration unit will assist our partnership to take quick action to break the ‘Water-Energy Nexus’ that has existed for decades to serve growing the population’s energy and water needs.”
“The Dais process produces water from most forms of contaminated water that is significantly cleaner than traditional RO facilities, while requiring less energy to do so,” said John Herrin, Chief Operating Officer at Dais Analytic. “The Company believes its technology’s prior results represent a strong indicator for potential success in areas where water re-use needs are high such as in China, other parts of south East Asia, and now California. As water re-use gains traction, water challenged areas should be willing to adopt the technology throughout manufacturing, agricultural, and industrial facilities as well as addressing consumer needs with ‘designer water’ tailored to an individual’s needs.”
About Dais Analytic Corporation
Dais Analytic Corporation (DLYT – News) is a nanotechnology business producing a versatile family of membrane materials – called Aqualyte – focusing on evolutionary or disruptive air, energy and water applications. The uses include:
– ConsERV™, a commercially available engineered energy recovery ventilator (an HVAC product) useful for efficient management of ventilation air’s temperature and moisture content using the energy found in the outgoing ‘stale’ air stream to pre-condition the incoming fresh air often saving energy, CO2, and allowing for equipment downsizing;
– NanoClear™, an early beta-stage method for treating contaminated water (notably most all forms of industrial waste), to provide pure drinking water;
– NanoAir™, an early beta-stage water-based, no fluorocarbon producing refrigerant cooling cycle useful to replace the existing gas based compression cooling cycle in most all forms of air-conditioning and refrigeration saving a projected 50% in energy and CO2;
– NanoCAP™, a prototype stage use of the Aqualyte™ family has shown itself to be a disruptive non-chemical energy-storage device which when completed will be useful in extending the value in renewable energy installations, transportation, consumer product uses, and ‘smart grid’ configurations.
Each use demonstrates the diversity of Dais’ core product – Aqualyte™ – the family of nano-structured polymers and engineered processes having a focus on minimizing consumption of irreplaceable natural resources, and ending the degradation of our environment. To find out more about Dais please visit www.daisanalytic.com, www.daischina.com, and to learn more about ConsERV™ please visit www.conserv.com.
Safe Harbor Statement
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. For example, statements about the future sales volume are forward looking and subject to risks. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, risks outlined in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
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SOURCE: Dais Analytic Corporation