|By PR Newswire||
|January 13, 2013 12:00 PM EST||
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.
Green Valley International Investment Management Company, Ltd.
+86 1380 11846 05
Dais Analytic Corporation
+1 727-375-8484 X224
SOURCE Green Valley International Investment Management Company, Ltd.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Dec. 4, 2016 11:15 AM EST Reads: 865
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Dec. 4, 2016 11:15 AM EST Reads: 2,185
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Dec. 4, 2016 11:15 AM EST Reads: 5,722
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 4, 2016 10:45 AM EST Reads: 863
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
Dec. 4, 2016 09:45 AM EST Reads: 858
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Dec. 4, 2016 09:45 AM EST Reads: 532
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Dec. 4, 2016 09:30 AM EST Reads: 597
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
Dec. 4, 2016 09:30 AM EST Reads: 785
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
Dec. 4, 2016 09:00 AM EST Reads: 563
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 4, 2016 08:45 AM EST Reads: 798
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
Dec. 4, 2016 08:30 AM EST Reads: 995
"Coalfire is a cyber-risk, security and compliance assessment and advisory services firm. We do a lot of work with the cloud service provider community," explained Ryan McGowan, Vice President, Sales (West) at Coalfire Systems, Inc., in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 4, 2016 08:30 AM EST Reads: 776
CloudJumper, a Workspace as a Service (WaaS) platform innovator for agile business IT, has been recognized with the Customer Value Leadership Award for its nWorkSpace platform by Frost & Sullivan. The company was also featured in a new report(1) by the industry research firm titled, “Desktop-as-a-Service Buyer’s Guide, 2016,” which provides a comprehensive comparison of DaaS providers, including CloudJumper, Amazon, VMware, and Microsoft.
Dec. 4, 2016 08:15 AM EST Reads: 715
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
Dec. 4, 2016 08:15 AM EST Reads: 770
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
Dec. 4, 2016 08:00 AM EST Reads: 697