DAIS ANALYTIC ANNOUNCES PROGRESS OF BUSINESS IN CHINA
TAMPA, FL / ACCESSWIRE / October 9, 2014 / Dais Analytic Corporation (DLYT), a nanotechnology materials and process company focused on commercializing its technology worldwide in energy efficiency and clean water products, announced that SoEX (Beijing) Environmental Protection Technology Co., Ltd. a joint venture owned by Dais and SoEX (Hong Kong) Industry & Investment Co., Ltd., has begun production and distribution of the Company’s ConsERV Energy Recovery Ventilator (ERV) product in China. Related to its expansion in China, Dais is excited to announce the addition of its fifth Board member, Sharon Han, who brings a 20 plus year track record of successfully supervising the engineering, manufacturing and marketing high-end engineered products in the Greater China market.
To facilitate manufacturing in China, Dais provides its disruptive Aqualyte(R) nano-material from the US to SoEX (Beijing), the joint venture in China. Four production lines at the SoEX (Beijing) facility in Zhongshan, China integrate the material into the ConsERV product built to Dais’s specification and tested for similar performance.
SoEX (Beijing) is marketing the ConsERV product through its existing (and expanding) distribution network and design institutes, to large property owners and government entities seeking to meet new air quality regulations in China. Past and current purchase orders for the ConsERV Aqualyte material by SoEX (Beijing) represent an increase of over 300% from any prior year in Dais’s commercial history. Sharon Han, the Chairperson of SoEX (Beijing) announced “Plans are underway to have Dais produce over 4.3 million square feet of the ConsERV Aqualyte material in 2015.”
ConsERV product built by SoEX (Beijing) is finding strong reception in the market place to meet the growing need for high performance indoor air quality products in the greater China market given the environmental conditions and a strong emphasis on reducing the production of CO2.
After beginning production in China, SoEX (Beijing) received its first order for ConsERV equipment in a ‘passive home’ project. This form of construction for residences and small commercial structures is the new trend in construction industry in China. SoEX (Beijing’s) marketing skills, knowledge of the market, and ConsERV’s performance and quality construction were essential to securing this order.
Dais is pleased to announce Sharon Han has agreed to join the Dais Board of Directors. Sharon will be the fourth non-employee Director on Dais’s Board, and has strong plastics, engineering, manufacturing, and marketing background in both the Greater China and international markets.
Ms. Han is the General Manager and Chairwoman of SoEX (Beijing) Enterprises Co. Ltd., the parent company of SoEX (Hong Kong) Industry & Investment Co., Ltd. as well as Chairwoman of SoEX (Beijing). SoEX (Hong Kong) Industry & Investment is a sizeable shareholder in the Company. SoEX (Beijing) Enterprises Co. Ltd. is an engineering company focused on the design and manufacture of machinery, with sales to Europe, South America and Mid-East. She is also the General Manager of JC Times (Beijing) Plastic Machine Co, Ltd., and in the past 10 years, she was instrumental in growing JC Times from a local firm to one of the world’s largest manufacturer and exporter of high quality extrusion die equipment with export sales to all over the world counting for more than 30% of its annual output. She is also a founder and director of Zhongshan Panelwell Material Co., Ltd., a manufacturer of polycarbonate shaped hollow and solid sheet metal, the first of its kind in Asia with its trademark Panelwell becoming a generic term for polycarbonate shaped hollow and solid sheet in China. This product line has been chosen for use in major airports, high-speed train stations and sports stadiums in China. It also exports products to Asia, Mid East and South America. Ms. Han’s expertise in manufacturing and selling industrial products in China and other parts of the world will be valuable to the Company and the Board of Directors as it commercializes its Aqualyte based products overseas.
“We believe the careful choice of a skilled partner – represented by Sharon Han’s team including Yichun Zhang and Martin Guo – when combined with the performance of the ConsERV product is a winning combination for the Dais shareholders, and the people of China seeking strong solutions to key environmental challenges,” said Tim Tangredi, President and CEO of Dais. Continuing Tangredi shared “People speak frequently about the large markets found in a growing China in just about every conceivable industry. I submit the key to profiting from the large markets is having a strong relationship with aligned business goals with an ‘in-country’ partner possessing demonstrated success in doing business in China – such is the case with our relationship with the SoEXteam. We look forward to many good things from our growing relationship and business efforts.”
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 uses 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, CO2, 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 early 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 please visit www.conserv.com.
About SoEX (Hong Kong) Industry & Investment Co.
SoEX’ earliest incorporation was in 2004 with its first company. Its Panelwell construction materials business is now an industry leader in hollow profile ‘Panelwell’ line of materials built around a variety of high quality plastics notably polycarbonates. Its distribution access is strong within China including long-term relationships with key Chinese design institutes. SoEXsells its products and services in the Chinese markets as well as key international markets. Behind the success of Panelwell is SoEX’s many years of machine designing and manufacturing experience.
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.