TAMPA, Fla., Jan. 24, 2013 /PRNewswire/ -- Dais Analytic
Corporation (OTC.BB:DLYT), a nanotechnology materials and process
company focused on commercializing its technology in the worldwide
energy and water markets, announced today it has secured a second
grant from US government agencies for $800,000 to continue its move to the market a
high efficiency dehumidification cycle valuable in most forms of
HVAC and refrigeration.
Yesterday in Washington, DC,
the Secretary of Defense for Operational Energy Plans &
Programs, Sharon E. Burke, and the
US Department of Energy's Advanced Research Program Administration
– Energy (ARPA-E) Deputy Director, Cheryl
Martin, announced Dais had been selected from a wide field
of applicants nationwide to receive further funding for its novel
technology aimed at reducing energy costs in the military and
civilian sectors.
The objective of the combined Navy and Department of Energy team
is to fund key opportunities demonstrating advanced heating and
cooling technologies to achieve 20 percent to 50 percent less fuel
usage than currently deployed systems. Progress by firms like Dais
under this program to address key government department needs often
translate to the US consumer and businesses markets bringing newer
technology to reduce energy costs and emissions sooner.
"Our approach is radically different from today's
dehumidification. Instead of using environmentally sensitive
refrigerants, our unique nanotechnology plastic allows us to
manipulate the water molecules directly to change the humidity
and/or temperature of the air. This simple approach lowers
energy consumption and carbon dioxide emissions while
providing what we believe is a far superior level of comfort," said
Brian Johnson, Director of
Development at Dais.
Targeted specifically in this grant is Dais's on-going
development of an energy-efficient, compact dehumidification system
that uses a nano-composite membrane developed by Dais to allow
moisture - but not air - to pass through it. This process is
engineered to efficiently remove water vapor from the humid air,
and is projected to enable high-volume, low-cost mass production of
the dehumidification system.
The dehumidified air can then be cooled using far less fuel with
technology such as Dais's innovative NanoAir membrane-based chiller
component. It is estimated that this system will use 20-50% less
fuel than existing cooling systems at Forward Operating Bases
located in hot, humid environments. Even greater fuel savings
could be achieved in hot, dry conditions.
"The Dais team is thrilled and honored to have the unique
opportunity to provide our military a tool which will mitigate an
identified vulnerability as well as allow us to continue towards
commercialization of high efficiency products. This grant is an
example of the confidence the DoD and DoE have in the capabilities
and innovative nature of the Dais team," said Jason Switzer, Senior Engineer and Principle
Investigator of this new program for Dais.
"This grant allows the technology to yet again demonstrate its
value in mission-critical applications while moving ever closer to
commercialization. The validation conveyed by this award to the
marketplace and the industry is rewarding to our shareholders and
other key stakeholders – it's inspiring," said Tim Tangredi, President & CEO of
Dais.
Tangredi continued, "The Navy and ARPA-e team is incredibly
committed to an end goal of improving efficiencies and our day to
day lives. Just one indication of this commitment - the ARPA and
Navy team worked over this past weekend as well as Monday,
Martin Luther King Day, (a Federal
holiday) in order to get this program moving."
The program duration is scheduled to be twelve months or
less.
About Dais Analytic Corporation
Dais Analytic Corporation (OTC.BB: DLYT) is commercializing its
innovative Aqualyte™ family of nano-structured materials and
processes focusing on evolutionary or disruptive air, energy and
water applications.
The uses include:
- 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™, a 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™, a 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 the Aqualyte™ 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™ - 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 www.daisanalytic.com, and
to learn more about ConsERV 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.
Media Relations:
Judy Norstrud
Dais Analytic Corporation
Phone: 727-375-8484 x 224
Email:
Judy.norstrud@daisanalytic.com
SOURCE Dais Analytic Corporation
