Dais Signs Multi-Year Supply Agreement with The Haier Group

Dais Analytic Corporation, a commercial nanotechnology materials and products company selling its disruptive nanomaterial and products incorporating that nanomaterial into the worldwide air, energy, and water markets, announced today that the Company has entered into a multi-year, exclusive license arrangement to provide its Aqualyte nanomaterial to the Haier Group for use in select products.

Aqualyte is the power behind Dais's commercial products, able to selectively transfer water molecules from one side of the membrane to the other based on environmental conditions instead of mechanical pumps. The NanoClear® product line uses Aqualyte to clean contaminated industrial wastewater in a low-pressure process. ConsERV® energy recovery ventilators allow heating, ventilation, and air-conditioning (HVAC) equipment to be energy efficient and environmentally friendly while maintaining indoor air quality.

The Haier Group will incorporate Aqualyte as a component in select Haier products. Combining Aqualyte's features with Haier's engineering, manufacturing, and distribution prowess is expected to result in a line of products offering greater consumer benefit and efficiency.

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"Collectively, this is an exciting event for Dais, Haier, and Haier's customers. The Haier Group will use the features of Aqualyte to differentiate potentially millions of units of a key Haier product by providing more benefit to the consumer while at the same time making a significant statement about the environmental friendliness of ubiquitous appliance(s). Dais continues to accelerate selling Aqualyte materials to address market needs for clean technology products," said Dais's President and CEO Tim Tangredi.

Source: Dais Analytic Corporation
Date: Jul 24, 2017