The joint venture will buy Dais'sAqualytenanomaterial and other products from Dais to form the energy recovery ventilation products to capitalize on the success of theConsERVproduct in
TheConsERVapplication addresses one key PM2.5 parameter (need for ventilation air) and is easily configurable to work with commercially available PM2.5 filtration products (the second component of effective PM2.5 management) as it manages the heat and moisture content of a building's ventilation air demonstrably saving the end-user energy, lowering the creation of environment damaging CO2, allowing for the use of smaller sized overall HVAC equipment saving capital costs, and the ability to use ERV's in areas where air-stream leakage is prohibitive such as in health care facilities, or schools. Each of these benefits is directly linked to the special attributes of Dais'sAqualytenanomaterial composite membrane.
The joint venture will selectively use theAqualytematerial for in-country pilot scale industrial wastewater applications in the coming months with wider spread use after completion of the targeted pilot installations.Aqualytehas consistently shown the ability to separate contaminants hard to remove by today's existing waste water technology achieving nearly 'parts per billion' clean product water with little or no fouling of the important membrane component.Aqualyteworks by using key attributes of the material's structure to clean waterborne contaminants foundin a variety of waste water streams including heavy metals, salt, arsenic, pharmaceuticals, viruses, biota, etc.
"The Dais team has found inSoEXa strong partner having a strong management team with a 20+ year track record, quality oriented manufacturing abilities, and flexible distribution skills -- all of which we believe are a great match for the innovations provided by Dais's family of nanomaterial and processes which focus on key areas of concern in
SoEX' earliest incorporation was in 1996 with its first company. ItsPanelwellconstruction 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
- ConsERV, 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, 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;
- NanoClear, an early beta-stage method for treating contaminated water (sea, waste, industrial) to provide 1,000 times cleaner potable water; and;
- NanoCAP, which holds promise to use theAqualytefamily to form a disruptive non-chemical energy-storage device (an ultra-capacitor)whencompleted for use in transportation, renewable energy, and 'smart grid' configurations.
Each use demonstrates the diversity of Dais' core product --Aqualyte-- the family ofnano-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 visitwww.daisanalytic.com, and to learn more aboutConsERVplease visitwww.conserv.com.
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This press release includes statements that may constitute forward-looking statements madepursuant 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