ODESSA, FL, March 19, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Dais Corporation (“Dais” or the “Company”) (OTCQB: DLYT) uses disruptive nanomaterial technology to make highly-efficient, long-lasting products that address global market needs for clean water and heating, ventilation, and air-conditioning (HVAC).
The Company is reaffirming its projections for 2019 and beyond. In support of these projections the Company is proud to introduce its updated line of ConsERV Energy Recovery Ventilator (ERV) products under the model names of: Vitality™, Clarity™, and Purity™.
Dais’s revenue growth in 2019 is projected to be driven by increases in:
- Aqualyte nanomaterial sales through existing and new commercial partnerships, such as the growing relationship between Dais and the Haier Group in Qingdao, China.
- Sales of ConsERV in North America and targeted international markets, such as the partnership between Dais and the Zhejiang Menred Environmental Tech Co., Ltd, (the “Menred Group”) in the Greater China market;
- Sales of NanoClear™ in China, where 33 pilots are currently located; and
- Strategic Original Equipment Manufacturer (“OEM”) relationship(s) for production and sales of the Company’s PolyCool™ product using Aqualyte to offer a new generation of safer, more efficient cooling towers while improving the performance of condensers with the addition of membrane evaporation technology.
ConsERV is a fixed-plate Energy Recovery Ventilator using Dais’s patented Aqualyte material – a “smart” plastic capable of rapidly transferring heat and moisture without transferring air or harmful contaminants. ConsERV is useful in new construction or HVAC system retrofits and improves HVAC system efficiency while reducing capital and energy costs associated with the fresh air ventilation requirements of building codes.
With the introduction of the updated ConsERV product line, Dais continues its legacy of nearly two decades of using advanced materials technology to achieve high quality performance. The new products were designed to be installed in a broad range of commercial indoor and outdoor HVAC systems requiring 600 to 5,400 cubic feet per minute (CFM) of ventilation air flow, and are intended to provide users with hard energy savings given the ability to safely use a smaller HVAC system which reduces capital outlay, offers on-going operations cost savings and continuously avoids harmful CO2 emissions.
Separately, Dais announced the release of a newly improved version of its patented Aqualyte™ membrane, the advanced nanomaterial behind the Company’s innovative products. The improved Aqualyte™ is now available in up to 1 meter in width, addressing many OEM requirements for greater flexibility in sizes of ERV equipment to address needs in local markets. The nanomaterial has been further improved by optimizing process conditions and adjustments in composition.
"We are proud to improve our flagship ConsERV product line with the introduction of the Vitality, Clarity and Purity products. As a team, we listened to our clients and focused on their needs. Feedback has been positive from the members of our growing North American and targeted international distribution channels, as this new product line provides them greater flexibility to win business by addressing a wider range of end-user ERV requirements,” said Tim Tangredi, Dais’s President and Chief Executive Officer. “Moreover, with the wider Aqualyte membrane material the Company is introducing, there are more reasons for their customers to buy Dais products. We are setting new industry standards, allowing our clients to choose from a variety of products, tailored to serve the needs of small and large HVAC systems.”
About Dais Corporation
Dais Corporation (OTCQB: DLYT) 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:
- NanoClear™, a commercialized system treating contaminated industrial waste water providing ultra-pure potable water with higher system efficiencies at equal or better capital and operating costs than other technologies.
- ConsERV™, a commercially available engineered energy recovery ventilator that uses stale air being exhausted to precondition the temperature and moisture content of the incoming fresh ventilation air, typically saving energy, reducing CO2 emissions, and allowing for equipment downsizing;
- PolyCool™, an Aqualyte™-based next generation evaporative cooling technology that is nearing full commercialization. Aqualyte is configured for use in cooling towers and evaporative condensers for cooling uses in traditional HVAC, waste water treatment, and power systems industries providing reduced energy and operating costs. Other key features include preventing release of dangerous microbes, such as Legionella, and opening new markets for smaller air-cooled HVAC systems.
- NanoAir™, a water-based cooling cycle with no fluorocarbon refrigerants that is in early beta-stage testing which can replace existing vapor compression cooling cycles in most forms of air-conditioning and refrigeration, saving a projected 50% in energy and CO2.
Each use demonstrates the diversity of Dais’s core product, Aqualyte™, a family of nanostructured polymers and engineered processes focused 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.
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," or the negative of these words and/or 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 future revenues and the Company’s ability to fund its operations and contractual obligations are forward looking and subject to risks. Several 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, the inability to raise capital to support the Company through its growth stage, the Company’s inability to generate projected sales and trade relations between the United States and China. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
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