ODESSA, FL, May 10, 2018 (GLOBE NEWSWIRE) -- Dais Analytic Corporation (OTCQB: DLYT) was an active participant at the annual IE Expo, a trade show for environmental technology solutions, in Shanghai, China from May 3 to May 5, 2018.
At the IE Expo, the Company continued to demonstrate to key end users and others in the industry the strength and advantages of its Aqualyte™ nanomaterial powered NanoClear™ Industrial Waste Water Cleaning process. Additionally, the Dais team positioned the Company to achieve its projected 2018–19 revenues in the coming weeks as it follows up on proposals made, and on the qualified sales leads generated at the IE Expo.
IE Expo accomplishments included:
- Proposals for NanoClear systems to Expo attendees having a combined revenue value of approximately $2.8 million.
- Greeted and educated 158 firms located in Asia who visited the Dais booth on the power and greater end-user value that NanoClear brings to a market seeking higher efficiencies.
- Presented a paper titled “Latest Developments and Operational Results of Nanomaterial Membrane and Architecture in Key Industry Applications” to Expo attendees.
- Four commitments from IE Expo attendees to provide to Dais samples of their client’s contaminated industrial waste water to be processed at Dais’s Shanghai “NanoClear Industrial Waste Water Sample System” site. Estimated projected combined revenue result of over $4 million.
- The Dais team generated 23 qualified leads to follow-up once IE Expo attendees return to their office/plant to access key client site information.
- Met and continued negotiations with two manufacturing firms to build its NanoClear evaporators in China.
In summary, Dais continues to present the proven benefits of its NanoClear product to its largest market, China. The forum allowed the some of the world’s largest purchasers of environmental products to become intimately aware of the empirical and practical superiority of Dais products to any other existing solution.
“NanoClear was well received by the IE Expo attendees we met. We used information generated by our Dais-East pilot in Pasco County, and operational data from the initial NanoClear users to underscore the value and differentiation our NanoClear product ends user in the large and growing Asian market” said Tim Tangredi, Dais’s President and CEO at the IE Expo. Continuing Tangredi said “The features of NanoClear that were especially well-received by the IE expo attendees included our ability to produce ultra-pure water from high saline concentrations, the non-fouling/scaling nature of the Aqualyte nanomaterial, and the capital and operational savings achieved when a client’s profile allows the use of one NanoClear system v. two traditional membrane systems such as Ultra-Filtration and Reverse Osmosis”
About IE Expo
The IE Expo is Asia's leading trade fair for environmental technology and is regarded as the most important platform for practical solutions in the areas of water supply, sewage, waste disposal, recycling, air pollution control, environmental technology and renewable energies.
Due to the soaring demand for new environmental technologies and solutions and the increasing support of this industry by the Chinese Government, the business potential in the environment industry in China is very large. Thus, the IE Expo is a must for international companies, if they want to conquer the Chinese market.
The 18th edition held May 3 – 5th welcomed 1,831 exhibitors (+26%) showcased many large vendors beside 10 international pavilions: Austria, Germany, U.S.A, Illinois, Switzerland, EU countries, Japan, Korea, Italy, Taiwan China along with the participation of 55,000 visitors (+28%) from 60 countries and regions.
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:
· NanoClear™, a commercialized system treating contaminated industrial waste water providing ultra-pure potable water with higher system efficiencies at equal or better capital and operating costs than other technologies.
· ConsERV™, a commercially available engineered energy recovery ventilator that uses stale air being exhausted to precondition the temperature and moisture content of the incoming fresh ventilation air, typically saving energy, reducing CO2 emissions, and allowing for equipment downsizing;
· NanoAir™, a water-based, non-fluorocarbon refrigerant cooling cycle in early beta-stage testing which can replace the existing gas-based compression cooling cycle in most forms of air-conditioning and refrigeration, saving a projected 50% in energy and CO2;
Each use demonstrates the diversity of Dais' core product, Aqualyte™, a family of nanostructured polymers and engineered processes focused on minimizing consumption of irreplaceable natural resources and ending the degradation of our environment. To find out more about Dais please visit www.daisanalytic.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 future revenues and the Company’s ability to fund its operations and contractual obligations are forward looking and subject to risks. Several 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.