ODESSA, FL–(Marketwired – Jun 24, 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 the Company is preparing to release Version 4 (V4) of its Aqualyteâ„¢ material by adding features and improving the manufacturability of the revolutionary Aqualyteâ„¢ material.
Aqualyteâ„¢ — the underlying technology for the entire Dais family of products, including ConsERV, fixed-plate Energy Recovery Ventilator (ERV), and NanoClear, a high performance contaminated water clearing process — represents the basis for a broad class of materials with unique features precisely managed by engineered processes. Features of the Aqualyteâ„¢ technology include the ability to create hermetic composite membranes possessing excellent ion conduction, high moisture transfer, and high molecular selectivity. Dais’ engineering process’ manages these features to offer differentiated products like ConsERV and NanoClear that are targeting worldwide needs in the energy and water markets.
Key additions found in V4 include integrated web casting, and the availability of material wider roll widths. These and other improvements will allow Aqualyteâ„¢ to serve a wider variety of uses in the ConsERV or NanoClear target markets.
Over the course of the next several months, Dais will move V4 through a rigorous battery of test protocols designed to certify the material. Test areas include performance, functionality in application, aggressive advanced degradation tests, and impact on existing material handling and production procedures. As is custom, the Company will work with its clients to educate them on the features, benefits, and potential production impact of using the V4 material. The targeted rollout for the updated product is Q3 2015 with full conversion in early 2016.
“We are very pleased with the results and progress of this version of Aqualyte, especially as they were driven by feedback from the product development process, Dais’ business growth, and customer feedback,” said John Herrin, COO of Dais Analytic who, along with Brian Johnson, CTO of Dais, oversaw the Company’s polymer and long-time vendor teams efforts during the Aqualyteâ„¢ improvement process. “The current version of Aqualyte continues to outperform competition and drive commercial adoption. We anticipate that V4 will firmly position the product to accommodate a wider number of uses within key applications which should drive market penetration representing a significant portion of future deal flow, as well as overall revenue.”
About Dais Analytic Corporation
Dais Analytic 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:
- ConsERVâ„¢, 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;
- NanoClearâ„¢, an early beta-stage method for treating contaminated water (notably most all forms of industrial waste), to provide pure drinking water;
- NanoAirâ„¢, 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;
- NanoCAPâ„¢, a prototype stage use of the Aqualyteâ„¢ 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 — Aqualyteâ„¢ — 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, www.daischina.com, and to learn more about ConsERVâ„¢ 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.