|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.
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Dec. 6, 2016 01:00 AM EST Reads: 1,841
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
Dec. 6, 2016 12:30 AM EST Reads: 3,881
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
Dec. 6, 2016 12:30 AM EST Reads: 1,193
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
Dec. 6, 2016 12:30 AM EST Reads: 4,579
SaaS companies can greatly expand revenue potential by pushing beyond their own borders. The challenge is how to do this without degrading service quality. In his session at 18th Cloud Expo, Adam Rogers, Managing Director at Anexia, discussed how IaaS providers with a global presence and both virtual and dedicated infrastructure can help companies expand their service footprint with low “go-to-market” costs.
Dec. 5, 2016 11:45 PM EST Reads: 4,297
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 5, 2016 10:30 PM EST Reads: 1,055
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, 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. 5, 2016 10:30 PM EST Reads: 980
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Dec. 5, 2016 09:00 PM EST Reads: 4,960
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
Dec. 5, 2016 08:45 PM EST Reads: 507
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Dec. 5, 2016 07:45 PM EST Reads: 2,229
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Dec. 5, 2016 07:45 PM EST Reads: 2,090
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Dec. 5, 2016 07:15 PM EST Reads: 403
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effici...
Dec. 5, 2016 07:15 PM EST Reads: 5,057
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Dec. 5, 2016 05:45 PM EST Reads: 1,616
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Dec. 5, 2016 05:15 PM EST Reads: 1,699
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Dec. 5, 2016 04:30 PM EST Reads: 2,070
[slides] Agility for Digital Transformation | @CloudExpo @NewhouseConsult #Agile #DigitalTransformation
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. 5, 2016 04:15 PM EST Reads: 868
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...
Dec. 5, 2016 04:00 PM EST Reads: 2,565
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 5, 2016 03:45 PM EST Reads: 4,260
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Dec. 5, 2016 03:45 PM EST Reads: 392