|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.
Dyn solutions are at the core of Internet Performance. Through traffic management, message management and performance assurance, Dyn is connecting people through the Internet and ensuring information gets where it needs to go, faster and more reliably than ever before. Founded in 2001 at WPI, Dyn’s global presence services more than four million enterprise, small business and personal customers.
Oct. 31, 2014 01:00 PM EDT Reads: 2,020
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market to businesses of all sizes by reinventing the delivery of ECM services. Our APIs make the development of ECM services simple with the use of familiar technologies for a frictionless integration directly into web applicat...
Oct. 31, 2014 11:00 AM EDT Reads: 1,999
Samsung VP Jacopo Lenzi, who headed the company's recent SmartThings acquisition under the auspices of Samsung's Open Innovaction Center (OIC), answered a few questions we had about the deal. This interview was in conjunction with our interview with SmartThings CEO Alex Hawkinson. IoT Journal: SmartThings was developed in an open, standards-agnostic platform, and will now be part of Samsung's Open Innovation Center. Can you elaborate on your commitment to keep the platform open? Jacopo Lenzi: S...
Oct. 31, 2014 09:00 AM EDT Reads: 3,390
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at Internet of @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, will discuss how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money! Speaker Bio: ...
Oct. 31, 2014 09:00 AM EDT Reads: 2,346
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, will address the big issues involving these technologies and, more important, the results they will achieve. How important are public, private, and hybrid cloud to the enterprise? How does one define Big Data? And how is the IoT tying all this together?
Oct. 31, 2014 08:45 AM EDT Reads: 2,008
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic...
Oct. 30, 2014 05:30 PM EDT Reads: 1,480
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Cloudian is a Foster City, Calif.-based software company specializing in cloud storage. Cloudian HyperStore® is an S3-compatible cloud object storage platform that enables service providers and enterprises to bui...
Oct. 30, 2014 04:45 PM EDT Reads: 1,924
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP ...
Oct. 30, 2014 09:00 AM EDT Reads: 2,101
SYS-CON Events announced today that O'Reilly Media has been named “Media Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly Media has been a chronicler and catalyst of cutting-edge development, homing in on the technology trends that really matter and spurri...
Oct. 29, 2014 01:00 PM EDT Reads: 1,657
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce t...
Oct. 29, 2014 09:00 AM EDT Reads: 2,104
Samsung promises to be one of the 800-pound gorillas of the IoT, if its success in recent years with Android devices and other consumer electronics is any guide. Showing its willingness to be a big IoT player, the company recently acquired SmartThings, a recent startup that's developed an open smarthome appliation that currently supports 1,000 devices and 8,000 apps. SmartThings will now work under the auspices of Samsung's Open Innovation Center (OIC). SmartThings Founder and CEO Alex Hawkinson...
Oct. 29, 2014 09:00 AM EDT Reads: 3,858
What process has your provider undertaken to ensure that the cloud tenant will receive predictable performance and service? What was involved in the planning? Who owns and operates the data center? What technology is being used? How is it being supported? In his session at 14th Cloud Expo, Dave Weisbrot, Cloud Business Manager for QTS, will provide the attendees a look into what it takes to stand up and stand behind a highly available certified cloud IaaS.
Oct. 29, 2014 08:30 AM EDT Reads: 1,555
SYS-CON Events announced today that Gigaom Research has been named "Media Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Ashar Baig, Research Director, Cloud, at Gigaom Research, will also lead a Power Panel on the topic "Choosing the Right Cloud Option." Gigaom Research provides timely, in-depth analysis of emerging technologies for individual and corporate subscribers. Gigaom Research'...
Oct. 28, 2014 11:45 PM EDT Reads: 1,719
I'll be hosting an SAP HANA Cloud webinar at 11am eastern time, Wednesday, October 29. You can sign up now. Featured speakers will be Allan Adler, Managing Partner, Channel Cloud Consulting, and Thorsten Leiduck, VP ISVs & Digital Commerce, SAP. Attendees will learn about • Cloud economics, hybrid cloud strategy, market size and opportunity • Introduction to SAP HANA Cloud Platform and how to: - Build new next-generation applications - Extend on-premise solutions non-disruptively throu...
Oct. 28, 2014 11:45 PM EDT Reads: 1,493
Join both SAP and Channel Cloud Consulting for our webcast and uncover how you can extend your reach to capture a piece of the US$17 billion cloud application services market with SAP. Learn about SAPs market-leading SAP HANA Cloud Platform and an exciting opportunity to join SAPs growing ecosystem of Application Development partners. When: October 29, 11:00am EST Speakers: Allan Adler, Managing Partner, Channel Cloud Consulting Thorsten Leiduck, Vice President ISVs & Digital Commerce, SAP
Oct. 28, 2014 09:00 PM EDT Reads: 1,368
Application Performance Management (APM) has been bred with all the right elements to give us the insights we need to see the health of our applications. Similar to your most trusted watch dog, it alerts us to anomalies when events occur, providing awareness to the environment that only they can observe. As enterprises embrace the DevOps philosophy, and the coalescence of the Development and Operations continues, I foresee the conditions ripening to foster innovative methods of making applicati...
Oct. 28, 2014 08:15 PM EDT Reads: 5,226
SYS-CON Events announced today that IBM is holding a Bluemix Developer Playground on November 5, 10:30 am to 5:30 pm at 15th Cloud Expo. 15th Cloud Expo, co-located with @ThingsExpo, Big Data Expo, and DevOps Summit is taking place Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. The labs, for developers of all levels, will highlight the ease of use of Bluemix, its services and functionality and provide short-term introductory projects that developers can complete betw...
Oct. 28, 2014 08:00 PM EDT Reads: 1,633
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, da...
Oct. 28, 2014 12:00 PM EDT Reads: 1,968
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation...
Oct. 28, 2014 10:00 AM EDT Reads: 2,067
How do you know when a technology has become mainstream? A good clue may be when politicians start talking about it on the campaign trail and with mainstream media. David Cameron, the UK prime minister, was the latest, indicating that the world was now on “fast-forward” with the Internet of Things (IoT) ushering in the new industrial revolution. No mention of IoT targeted at the masses would be complete without the clichéd example of the communicating fridge. While it is easy to get caught up in...
Oct. 28, 2014 08:00 AM EDT Reads: 6,306