Dais Initiates Strategic Changes for Growth, Enters Into License and Supply Agreement - Seite 2

Dais is exploiting strategic opportunities, such as with AAPI, for innovative uses of its advanced nanomaterial platform designed to significantly drive new recurring revenue growth and to improve the Company’s stock performance.

·         The Company and its convertible noteholders are finalizing the implementation of a 100-day moratorium or “standstill” agreement effective immediately and pursuant to which all convertible noteholders will stop all trading in the securities of DLYT, stop instructing any other persons or entities to trade securities of DLYT, and agree to not create synthetic transactions that would impact DLYT trading or its share price during a period in which the Company will work to complete other planned corporate initiatives in support of Dais’s growth and profitability plans.

·         Effective today, Dais is executing a previously approved 1 for 2000 reverse stock split of its equity traded on the OTC Markets Exchange for shareholders of record as of December 5, 2019. 

About Dais Corporation

Dais Corporation (OTC: DLYT-D) produces the versatile Aqualyte platform of disruptive, field-proven, and industry-recognized nanomaterial, and products using the platform include:  

•  Aqualyte itself, the Company’s advanced nanomaterial platform having an impressive set of features including the extraordinarily fast and selective transport of water molecules. These features are carefully tailored to offer new or improved solutions in cross-industry markets for air, energy, food preservation, and clean water products;
•  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;
•  ConsERV, a commercially available engineered 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, and allowing for equipment downsizing; and
•  PolyCool, a next-generation evaporative cooling technology that is nearing full commercialization where cooling towers and evaporative condensers in HVAC and power generation incorporate Aqualyte to reduce energy consumption and operating costs while preventing the release of dangerous microbes such as Legionella and opening new markets for reduced-maintenance evaporative cooling systems.

These products created by the Platform are focused on profitably securing the future of key resources for life, and economic stability addressing growing, diverse market needs in worldwide markets valued at greater than $1 trillion. Our products are revolutionary or industry changing.