DAIS CORP. | OTCBB: DLYT

DAIS ANALYTIC CORPORATION SELECTED TO RECEIVE ADDITIONAL GOVERNMENT FUNDING, AND IS AWARDED ANOTHER KEY ENERGY STORAGE PATENT
$1 Million Grant for Continued Development of Aqualyte(TM) Nanomaterial for Cleaning Contaminated Water; Company Receives Addition Patent for NanoCap(TM) Energy Storage Device

TAMPA, FL / ACCESSWIRE / March 2, 2015 / Dais Analytic Corporation (DLYT), a commercial nanotechnology materials and process company selling its technology in the worldwide energy and water markets, announced today it has been selected to proceed with a $1 million grant to continue developing its NanoClear(TM) water clearing separation application using its Aqualyte(TM) nanomaterials with funds from the U.S. Army’s Small Business Innovation Research (SBIR) program. The U.S. Patent and Trademark Office notified Dais it has been awarded a second U.S. patent for its NanoCap(TM) energy storage device.

Additional Grant Funding – NanoClear(TM)Water Cleaning Technology

The NanoClear(TM) grant project entitled “Non-Fouling Water Reuse Technologies” uses Dais’s patented Aqualyte(TM) membrane to produce potable water from grey-water sources has been awarded another $1 million in funding further development.

M. John Smith, Army Program Manager for the Small Business Innovation Research (SBIR) notified Dais the Company had been selected to receive further funding for its novel technology based on its past development successes and planned next steps aimed at producing clean water.

The mission of the SBIR program is to support scientific excellence and technological innovation through the investment of Federal research funds in critical American priorities to build a strong national economy.

“Our approach is radically different from today’s water purification technologies. Our unique membrane selectively absorbs the water molecules into nanometer-sized regions within the solid plastic that act as channels to promote the flow of the water molecules through the membrane,” said Brian Johnson, Chief Technology Officer at Dais. Johnson continues, “With these unique channels, we are able to process pure water without the high pressures required in today’s common processes.”

“Two key attributes of the Aqualyte(TM) nanomaterial make the NanoClear(TM) application highly resistant to fouling, a common issue that leads to failure and downtime in other technologies. The pore-free nature of Aqualyte(TM) eliminates locations that are prone to fouling, while the novel surface chemistry of the polymer makes it difficult for contaminants to attach to the material,” adds Abram Nashed, Project Manager for the NanoClear(TM) program with Dais.

Dais is moving to introduce its first commercial water filtration module by June 2015, and the additional SBIR funding will widen NanoClear’s presence in the burgeoning contaminated water separation, and wastewater industry beginning as early as early 2016.

New U.S. Patent – NanoCap(TM)

Dais is proud to announce that it has been awarded a second patent from the U.S. Patent and Trade Office for its NanoCap(TM) energy storage technology. This ground-breaking patent covers methods of using Aqualyte(TM) as the dielectric material in the construction of a high-voltage energy storage device capable of rapidly charging and discharging large quantities of electricity millions of times.

“These disruptive materials are able to store several orders of magnitude more charge per volt than typical dielectric materials, and their resistance to electrical breakdown at very high voltages should allow Dais and its partners to manufacture devices with the energy density required to enable smarter power grids ready to absorb variable inputs from renewable energy, or power advanced electric vehicles,” explained Brian Johnson, Chief Technology Officer at Dais. “Energy storage is one of the hottest technologies in the market worldwide because it can potentially transform such sectors as utilities and transportation that enable the modern economy. This second patent adds to our intellectual property base and positions Dais to move faster to another revenue generating product using on our disruptive Aqualyte material, and growing list of partners.”

About Dais Analytic Corporation

Dais Analytic Corporation (DLYT) is commercializing its innovative Aqualyte(TM) family of nano-structured materials and processes focusing on evolutionary or disruptive air, energy and water applications. The applications include:

  • ConsERV(TM), 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, CO(2), and allowing for equipment downsizing;
  • NanoAir(TM), 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 CO(2);
  • NanoClear(TM), an mid beta-stage method for treating contaminated water (sea, waste, industrial) to provide 1,000 times cleaner potable water; and;
  • NanoCAP(TM), which holds promise to use the Aqualyte(TM) family to form a disruptive non-chemical energy-storage device (an ultra-capacitor) when completed for use in transportation, renewable energy, and ‘smart grid’ configurations.

Each use demonstrates the diversity of Dais’ core product – Aqualyte(TM) – 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 https://daisanalytic.com, and to learn more about ConsERV(TM) 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.