Dais Corporation (DLYT) Issued Key Patent and Receives Order for Product Using the Newly Patented Technology Disrupting the $130B World HVAC Market

Rhea-AI Summary

Dais Corporation (DLYT) has received an initial order valued at $3M from a division of Hitachi Ltd. for its DisruptorCC™ product, aligning with Hitachi's 'Carbon Neutrality 2030' initiative. The company has also been awarded a 25th patent enhancing its HVAC technologies, which utilize a patented nanomaterial called Aqualyte™. This innovation promises to disrupt the $130 billion HVAC market by reducing energy costs by 75% and emissions by 64%. The combined use of DisruptorCC™ and ConsERV™ could prevent the release of approximately 1 billion metric tons of CO² annually.

Positive

• Initial $3M order from Hitachi demonstrates strong demand for DisruptorCC™.
• Award of 25th patent enhances Dais's competitive position in the HVAC market.
• Potential to significantly reduce emissions and energy costs with innovative products.
• Forecasted market share gains due to rising inquiries and sales of ConsERV™.

Negative

• None.

A division of Hitachi Ltd. placed an initial order with a potential value of $3M for Dais’s DisruptorCC™ product in aggressive support of their corporate “Hitachi Carbon Neutrality 2030” Worldwide program

TAMPA, FL, March 31, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Recently the Company was notified by the US Patent Office it was being awarded its twenty-fifth patent, and it is a comprehensive patent surrounding improving the efficacy of century-old evaporative devices found in today’s Heating, Ventilating and Air-Conditioning (HVAC) systems. This patent provides significant innovation protection for Dais’s DisruptorCC™ and ConsERV™ products allowing Dais to ramp up its goal of ‘RE-Imaging’ the $130 billion world HVAC market using features of a proven and award-winning platform of nanomaterials materials called Aqualyte™.  These products change the 100-year-old present air-conditioning components and architecture to manage indoor temperature and humidity efficiently without using refrigerant gases, or the list of emissions creating and energy consuming hardware (moving parts).

Tim Tangredi, CEO of Dais Corporation (DLYT: OTC), said, “We are excited to receive this newly issued comprehensive patent.  Hitachi’s initial purchase of our DisruptorCC™ and ConsERV™ products for their own manufacturing use demonstrates that world class manufacturers are recognizing the tremendous benefits of the Aqualyte™ and the newer HVAC product the melding of two. These benefits include approximately 64% lower emissions and 75% lower energy costs, ‘split’ management of temperature and humidity, no/far fewer moving parts, near complete elimination of viruses, bacteria and allergens, and dramatic improvement in cognitive health and productivity of the people in the buildings and vehicles using HVAC.  

“Pairing the DisruptorCC™ with ConsERV™ has the potential to annually avert the production of around 1 billion metric tons of CO².  We are seeing significant pick-up in ConsERV sales, and inquiries around the DisruptorCC™. We believe we will achieve significant market share gains over the near future.  In a world of rising energy prices, our products drive emissions and cost down.

“And we are thrilled the Hitachi people are decisive and selected DisruptorCC™ and ConsERV™ units. These units when installed are designed to bring their facility to ‘Carbon Neutral’ a good bit ahead of 2030 goal: working with the Hitachi team, with their professionalism, dedication, and their ceaseless desire to improve everyday challenges all around them to do better every day”.

According to a Precedence Research article dated November 25, 2021, the World HVAC equipment market was $130 billion in 2021 and forecasted to grow 6.1% to $207 billion by 2030. Forbes Business Insight in an article dated January 17, 2022, said the North American HVAC market is $42 billion in 2021 and will grow to $58.6 billion by 2028.

About Dais Corporation

Dais Corporation (OTC: DLYT) produces the versatile Aqualyte™ platform of disruptive, field-proven, and industry-recognized nanomaterial; products based on this platform technology include:

Aqualyte™, the Company’s advanced nanomaterial featuring the extraordinarily fast and selective transport of water molecules. 

ConsERV™, a commercially available energy recovery ventilator that uses stale exhaust air to precondition the temperature and moisture content of incoming fresh ventilation air, typically saving energy, reducing CO2 emissions, pathogen management, and allowing for equipment downsizing.

NanoClear™, a commercialized system treating contaminated industrial wastewater and providing ultra-pure potable water with higher system efficiencies at equal or better capital and operating costs than other technologies; and

PolyCool™, a next-generation evaporative cooling technology. A revolutionary approach to cooling towers and evaporative condensers in HVAC and power generation while preventing the release of dangerous microbes such as Legionella and opening new markets for reduced-maintenance evaporative cooling systems.

Each use of the Aqualyte family of nanostructured polymers and engineered processes focuses on minimizing consumption of irreplaceable natural resources and ending the degradation of our environment. To learn more, please visit www.daisanalytic.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,” or the negative of these words and/or 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 future revenues and the Company’s ability to fund its operations and contractual obligations are forward looking and subject to risks. Several 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, the inability to raise capital to support the Company through its growth stage, the Company’s inability to generate projected sales and trade relations between the United States and China. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact:

Christine Petraglia

Email: investors@daisanalytic.com

Phone: +1 (917) 633.8980 

FAQ

What is the significance of Dais Corporation's order from Hitachi?

The initial $3M order highlights the growing recognition of Dais's products, especially DisruptorCC™, aligned with Hitachi's sustainability goals.

How does the new patent impact Dais Corporation?

The recent patent bolsters Dais's market position by protecting innovations in HVAC efficiency, especially with its Aqualyte™ technology.

What are the expected benefits of Dais's HVAC products?

Dais's products aim to cut emissions by 64% and energy costs by 75%, enhancing indoor air quality and comfort.

How large is the HVAC market and its growth potential?

The global HVAC market was valued at $130 billion in 2021 and is expected to grow to $207 billion by 2030, indicating strong growth potential.

What environmental benefits do Dais's products provide?

Dais's products could help prevent the release of 1 billion metric tons of CO² annually, supporting global carbon neutrality efforts.