Green Valley International Investment Management Company Ltd. Makes
$7M Strategic Investment in US Nanotechnology Company - Dais
Analytic Corporation - Focused on Clean Water And Energy Efficiency
Uses for China
BEIJING, Jan. 13, 2013 /PRNewswire/ -- Green Valley
International Investment Management Company, Ltd. (GVI) a
Hong Kong registered corporation,
entered into a Securities Purchase Agreement during the last
quarter of 2012 with Dais Analytic Corporation (Dais) of
Tampa, Florida, USA (OTC.BB: DLYT
- News).
"The China market for clean
water and energy efficient products is large yet in our analysis of
these large markets successful solutions to our needs require newer
technologies offering the end-user: government, commercial and
consumers, a greater value proposition. After our due diligence we
view Dais's technology and plans as having a clear path to achieve
not only the higher value proposition but the ability to set a new
standard of performance for water and energy products and services"
said Mr. Fuying Yu, Chairman of
GVI.
GVI is buying 70 million shares of Dais's Common Stock, and
Warrants to purchase 17,500,000 shares of Common Stock for
$7M. On funding completion Dais plans
to establish a wholly owned Chinese subsidiary (DLYTC) from which
it will begin selling its nanotechnology based products, based on
the Company's Aqualyte family of Nano-materials and process into
the China market.
GVI will work with Dais Analytic Corporation (OTC.BB: DLYT -
News) to assist in commercializing uses of its innovative Aqualyte™
family of nano-structured materials and processes. Primary focus is
on evolutionary or disruptive air, energy and cleans water
applications. These novel applications are made possible by
manipulating the nanomaterial's properties – using known scientific
disciplines such as physics, thermal dynamic and chemistry – to
accomplish the work being done today in products using by energy
hungry, emissions emitting pumps, and motors.
The first product to begin commercialization in early 2013 is
Dais's award winning high efficiency energy recovery ventilator
(ERV), ConsERV®. ConsERV, with no moving parts, uses nanotechnology
to pre-treat incoming AC system ventilation air with the energy
found in AC system's exhaust air. This process quickly lowers
C02 emissions, allows the use of smaller AC systems,
saves energy costs by an average of 27%, and lowers peak energy use
by up to 20%.
Simultaneously GVI and the Dais China subsidiary plan to begin
limited deployment in 2013 of a non-Reverse Osmosis method of
treating most all forms of contaminated water. This process is
called NanoClear®.
"We are nearing completion of a 300Kg NanoClear test unit. A 2.5
ton 'scale-able' NanoClear module will be functional by April."
said Mr. Lei Zhang, the GM of Academy of Environmental Engineering
Company, "The NanoClear system will the first to be deployed in
highly polluted industrial waste water situations which have no
affordable commercial solution at this time. It is our plan to
integrate NanoClear into a installed 2,000 ton project commissioned
two years ago. The output water is up to 1,000 times cleaner than
today's products are capable of producing at projected similar
lifecycle costs. This will be the first large scale field test of
the US Company's NanoClear process providing China this much sought-after solution".
Other key applications planned include:
- NanoAir™, a 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;
- NanoCap™, which holds promise to use the Aqualyte™ materials
"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.
Tim Tangredi, CEO of Dais
Analytic Corporation, said, "The $7.0
million in growth capital combined with the market place
experience provided by the GVI team in the China market is an exciting opportunity for
Dais to expand our international platform. We look to partner with
others in China in existing sales
and distribution channels using our technology to address
challenges facing traditional products - notably cleaning
contaminated water."
About Green Valley International Investment Management
Company, Ltd.
GVI, incorporated in Hong Kong,
is focusing on assisting sustainability companies (such as Dais)
possessing proven disruptive technologies to commercialize product
in key China markets to improve
the quality of the air and water in China while containing or saving operational
costs.
About Dais Analytic Corporation
Dais Analytic Corporation, Tampa,
Florida USA (OTC.BB: DLYT - News), a New York State corporation,
is commercializing its innovative Aqualyte™ family of
nano-structured materials and processes focusing on evolutionary or
disruptive air, energy and water applications.
Aqualyte™ - the family of nano-structured polymers - and
engineered processes focuses on minimizing consumption of
irreplaceable natural resources, and ending the degradation of our
environment. To find out more about Dais visit
www.daisanalytic.com, and to learn more about ConsERV visit
www.conserv.com.
Media Relations:
Shilong
Zheng
Green Valley International Investment Management Company,
Ltd.
Szheng277@gmail.com
+86 1380 11846 05
Judith Norstrud
Dais Analytic Corporation
Judith.norstrud@daisanalytic.com
+1 727-375-8484 X224
SOURCE Green Valley International Investment Management Company,
Ltd.
