Dais Analytic Corporation (OTCBB: DLYT) shares climbed 22.4% nearing noon ET on Thursday to 46.5 cents, on recent expansion of its product line. Volume for the stock neared 130,000 shares, trumping its all-day average of just less than 29,000.
A news release dated Sept. 6 told investors that the Tampa-based company has expanded its line of ConsERV Energy Recovery Ventilators (ERVs) designed to lower energy consumption of buildings’ HVAC systems with the addition of the G-Series. Importantly, the G-Series is intended to broaden the addressable market for Dais’ ConsERV energy recovery ventilator product.
The release went on to highlight some of the advantage of the G-Series systems:
- The product brings the important benefits of the high efficiency ConsERV product which include lowering energy costs, lowering emissions, and improving Indoor Air Quality to smaller commercial and most residential users’ Heating, Ventilation, and Air-Conditioning (HVAC) systems (300 – 4,000 CFM)
- It also offers all aluminum construction with pre-painted double walls and foam insulation – the same construction as Dais’ popular D-Series ERVs – versus galvanized painted steel construction commonly used by competitors making the G-Series ideal for high rise office buildings, dwellings and commercial facilities.
The release then went on to quote Dais vice-president of sales and marketing, David Longacre, as saying, “We are proud to introduce the G-Series, and believe this addition to our product line gives Dais’ growing independent representative network yet another tool to better serve the wider range of customer energy recovery applications.
Longacre concluded, “We feel the G-Series’ modular footprint addresses the need to be flexible to a broader range of applications in the growing North America ERV market as well as targeted international markets. As ConsERV continues gaining market share we need to demonstrate to our clients and their customers Dais is responding to changing market needs with newer flexible designs: The G-Series is proof Dais can and will respond.”