Dais Signs Memorandum of Understanding with Swiss Company to License and Supply Dais' Material for Use in Energy Recovery Ventilators

ODESSA, Fla., Nov. 9, 2011 /PRNewswire/ -- Dais Analytic Corporation (OTC.BB: DLYT) announced today the Company has signed a non-binding Memorandum of Understanding (MoU) with Seven-Air Meyer Bros. Ltd. in Lucerne, Switzerland, to license and supply Dais' patented Aqualyte Moisture Membrane Material (MTM) for use in residential, commercial and industrial Energy Recovery Ventilators.

The final agreement is subject to the successful negotiation of the license and supply terms and is expected within 90 days in accordance with the terms of the MoU. If concluded, the agreement would give Seven-Air exclusive rights to sell ERV products using the Aqualyte MTM in Switzerland. Seven-Air would also have non-exclusive rights to sell Dais' products throughout Europe. The 10-year agreement would detail minimum annual sales volumes, royalties, materials pricing schedules among other specific requirements. Intellectual property rights on all current and future developments would remain with Dais

About Seven-Air Meyer Bros. Ltd.

According to Seven-Air's website, the company is Switzerland's leading manufacturer and provider of ventilation and air conditioning equipment. Seven-Air was founded in 1971 and is family owned and operated with nine regional offices throughout Switzerland, a sales company in Germany, and a sales representative office in Italy. For more information about Seven-Air, please visit www.seven-air.ch.

About Dais Analytic Corporation

Dais Analytic Corporation (OTC.BB: DLYT) is commercializing its nanotechnology materials and processes into evolutionary or disruptive air, energy or water applications. The applications include ConsERV™, commercially available, which pretreats incoming building air for most Heating, Ventilating, and Air Conditioning (HVAC) equipment with the energy found in the exhaust air thus lowering HVAC capital equipment, maintenance costs, and emissions. The Company is in various stages of development of NanoAir, a disruptive water-based, no refrigerant gas refrigeration cycle usable for nearly every air conditioning and refrigeration use (co-funded by the US DoE 'ARPA-E' program); NanoClear™, a simpler method of treating most forms of contaminated water (sea, waste, industrial) to provide 1,000 times cleaner potable water; and NanoCap™, a disruptive energy-storage device. Each application underscores the diversity of Dais' core product, Aqualyte™ -- a family of nano-structure polymers and processes -- by focusing on minimizing consumption of irreplaceable natural resources and stopping the degradation of our environment. To find out more about Dais please visit www.daisanalytic.com/, and to learn more about ConsERV please visit www.conserv.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" and 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 the future sales volume are forward looking and subject to risks.  A number of 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, risks outlined in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact:
Investor Relations:
Denise Sanderson
Phone: 727-375-8484 x 223
[email protected]

SOURCE Dais Analytic Corporation