ODESSA, FL--(Marketwire -02/27/12)- Dais Analytic Corporation (OTC.BB: DLYT.OB - News), a green technology company, announced today William "Bill" McCollum, Jr. and Peter J. Termyn have agreed to join the Company's Board of Directors. The addition of these outside directors, when complete, will bring the Company's Board of Directors to five members.
"I am pleased to welcome Mr. McCollum and Mr. Termyn to our Board of Directors," said Tim Tangredi, President & CEO of Dais Analytic Corporation. "As accomplished business and government leaders, their experiences will add a new level of strategic planning and guidance to the Company's growth. Bill McCollum brings a wealth of experience in government policy and leadership, law, and business, while Peter Termyn successfully continues to grow a world-class technology and materials-oriented business using his core technical and business experiences."
About Bill McCollum
Bill McCollum is a partner in SNR Denton's Public Policy and Regulation practice. He joined the firm following his term as the 36th attorney general of the state of Florida and member of the Florida Cabinet from 2007 to 2011.
Mr. McCollum also served as a member of the United States House of Representatives, representing Florida's 8th district, from 1981-2001, where he held a number of leadership positions including chairman of Judiciary Subcommittee on Crime; chairman of the Subcommittee on Human Intelligence, Analysis and Counterintelligence; vice chairman of the Banking and Financial Services Committee, ranking member of the subcommittee overseeing the Federal Reserve; and vice chairman of the House Republican Conference for three terms.
Prior to his elected public service, Mr. McCollum practiced law with a Florida firm, specializing in insurance defense, and was in the Navy Judge Advocate Generals Corps. He is a retired commander in the U.S. Naval Reserves, where he served for 23 years. From 2001 to 2007, he was in private practice where he focused on federal government policy.
About Peter Termyn
Mr. Termyn is the President and CEO of Parkinson Technologies Inc., Woonsockett, Rhode Island, a world-wide industry leader for developing, designing and manufacturing of web processing machinery for plastics, nonwovens, paper and specialty materials used in key markets including energy, healthcare, flexible/ridged packaging, automotive, and construction. Parkinson's customer base includes a broad range of companies, from venture-backed startups to Fortune 50 enterprises located world-wide.
Prior to Parkinson, Mr. Termyn held technical, commercial and business management roles in the semiconductor, fluid transfer, chemical, automotive and engineered products industries with Helix Technology, Tyco International, BOC Group, ITT Corporation, and Dresser Industries. Mr. Termyn holds dual engineering degrees in Chemical Engineering and Materials/Metallurgical Engineering from the University of Michigan, in addition to a Masters of Business Administration from the University of Michigan.
About Dais Analytic Corporation
Dais Analytic Corporation (OTC.BB: DLYT.OB - News) is commercializing its innovative Aqualyte™ family of nano-structured materials and processes focusing on evolutionary or disruptive air, energy and water applications. .
The uses include:
- ConsERV™, a commercially available engineered energy recovery ventilator (an HVAC product) useful for efficient management of ventilation air's temperature and moisture content using the energy found in the outgoing 'stale' air stream to pre-condition the incoming fresh air often saving energy, CO2, and allowing for equipment downsizing;
- NanoAir™, a beta-stage 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;
- NanoClear™, a beta-stage method for treating contaminated water (sea, waste, industrial) to provide 1,000 times cleaner potable water; and;
- NanoCap™, which holds promise to use the Aqualyte™ 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.
Each use demonstrates the diversity of Dais' core product -- Aqualyte™ -- the family of nano-structured polymers and engineered processes having a focus on minimizing consumption of irreplaceable natural resources, and ending 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.