Dais Analytic Corporation Public Launch Successful
Posted on: Monday, 21 November 2005, 03:02 CST
Dais Analytic Corporation (Pink Sheets:DLYT) was pleased to note the successful public launch of its Company stock last week. Dais Analytic Corporation comparables include Lumera (LMRA), Nanophase Technology (NANX), and Altair Technologies (ALTI).
At a meeting of the Harvard Investment Group in New York City on Wednesday evening (November 9th), Tim Tangredi, CEO of Dais, said that the Company has developed and patented a family of nanotech polymers with some key applications moving beyond the R&D stage to commercialization. It should be noted that by the year 2015, it is estimated that more than half of the materials designed for new products will use nanotechnology.
Dais is currently receiving and shipping orders for its nanotechnology-based Heating, Ventilation, and Air Conditioning (HVAC) energy recovery ventilator unit (ConsERV(TM)) to customers globally. Other products in development that use Dais nanotechnology polymer include applications addressing:
-- Water: Desalination
-- Homeland Security: Performance Fabrics
-- Immersion Coatings: Anti-fouling paints
Mr. Tangredi said, "Today we are on our way to building a profitable, long term worldwide business which will potentially pay our shareholders handsome returns on their investment."
About Dais Analytic Corporation: (Pink Sheets:DLYT), http://www.daisanalytic.com, http://www.conserv.com. Founded in 1993, Dais is a public nanotechnology polymer materials company. Dais is beginning to produce revenue worldwide from the many uses of its novel polymer platform. Its high performance materials and processes have shown great promise using the power of nanotechnology to conserve energy, clean water at lower costs and higher efficiencies, protect military and first responders from chemical and biological hazards while wearing comfortable clothing, and inhibit growth of organisms on ship hulls, marine construction, etc.
Dais current revenues are being generated from its first commercial product, ConsERV(TM). This product saves users an average of 30% or more on energy costs for heating and cooling, allows for downsizing of HVAC equipment by up to 33%, and lowers peak energy usage by up to 20%. ConsERV(TM) is recognized by Underwriters Laboratory (UL900) and its performance is listed by the Air Conditioning and Refrigeration Institute (Standard 1060). The product is available directly from the Company and a growing number of independent manufacturer's representatives in North America.
On Behalf of the Board of Directors
Tim Tangredi, President
For further information, please visit the Company's website at http://www.daisanalytic.com or http://www.conserv.com, or contact us by: Telephone: 727.375.8484 Fax: 727.375.8485 Email: info@daisanalytic.com PUBLIC RELATIONS CONTACT: Susan Hahn & Associates Telephone: 212-986-6286 Fax: 212-949-7274 SusanHahn@nyc.com
This release contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Readers should not place undue reliance on the forward-looking statements, which reflect the management's view only as of the date hereof. The Company undertakes no obligations to publicly revise these forward-looking statements to reflect subsequent events or circumstances.
Source: Business Wire
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