Stay-Kool Demo and Press Meet, Hyderabad
In April 2012, the Supreme Court of India passed a law requiring at least 70% visible light transmittance (VLT) for windows of an automobile, effectively banning the solar control films used by a large number of Indian car- owners to tint their car windows.
For two years, drivers and passengers in India had to swelter ill heat inside their vehicles without any protection from the burning Sun. Finally they can get relief with Stay-Kool says Ash Roy, MD of Fumin Global. The company is introducing the globally patented nanotechnology solar control in India as well as Thailand, Malaysia, Brazil, USA, the middle-east and rest of the world.
STAY-KOOL cuts 90% of UV (= skin damage) and 70% of infrared (= solar heat), but it allows most of the visible light. When sprayed on the window glass from inside, the nano-particles inside STAY-KOOL liquid form a clear and transparent 2-micron thick coating (solar film is 150-micron thick). With a visible light transmittance of 85%, STAY-KOOL is almost as clear as plain glass (VLT = 87%).
In addition, tinted films typically reflect 20-40% of the light, making it difficult for law enforcement officials to see inside the car from outside. STAY-KOOL has essentially the same reflectance as glass, about 7%, therefore the visibility is not impaired. By keeping solar heat out, STAY-KOOL helps drivers cut down energy spent on air- conditioning by 25-40%, says Mr.Roy.
The National Art Center in Tokyo is one of the most expensive glass structures in the world - each of its 4700 sqm glass panels is custom made. The museum requires abundant natural sunlight, but needs a cool interior. In January 2011, over a 2-week period the glass panels were cleaned and applied with STAY-KOOL technology* from inside. The energy savings is about 25% in summer months according to the company.
STAY-KOOL is certified by Japanese Ministry of Environment as an energy-saving technology.
STAY-KOOL is 50% cheaper than leading solar control films sold in most Asian countries - typical payback period for an automobile is 1.5 to 3 years depending on the weather condition.
STAY-KOOL is currently rolling out with several service partners in most major cities in India. Car-owners can get STAY-KOOL applied on their car windows at an authorized Service Center.
Stay-Kool Founding Members
Ash Roy is the Managing Partner of jED and Stay-Kool. In his career prior to jED , Ash and his partners had nvested in and raised more than USD 1.2B for corporations as well as investment funds. During his 15 years in New York, Ash co-founded indiaSTAR fund with Sycamore Ventures that invested in undervalued public listed companies (USD 10-25m transactions) in India. Prior to his investment career, he was senior vice president at Intelligroup, a USD 180m revenue software integrator with operations over 10 countries, currently owned by NTT Data.
Ash is a guest professor at Keio University and also the Managing Director of Fumin Global. Ash serves and has served on boards of various firms. He has a bachelors degree from the Indian Institute of Technology and an MBA from Wharton School.
Arjun served as the Founder, Chairman, President and Chief Executive Officer of Intelligroup, Inc. He is currently responsible for Industry out¬reach, founding member of stay-Kool company in India and an expert in product conceptualization and creating growth strategy for start-up.
Throughout the years, Arjun has received various awards such as:
• NJ Fast 50 awards in the years 1995,1996,1997
• NJ Fast 500 award in 1999, NJ Entrepreneur of the Year Finalist in the years 1995,1996,1997, NJ Ernst and young Entrepreneur of the Year Winner in 2001.
• Var Business 500 Awards in 2000, 2001,2002, Young Presidents' Organization, Inc. In 2003, Recipient of Ronald Reagan Technology Award from the World Business Forum for 2004.
Katsuo Yagisawa is the founder and President of Fumin. He is also the Chairman of Fumin Global. Based in Japan, Fumin develops, manufactures and sells materials used to improve quality of life and environmental issues in agricultural, industrial, work and home environments. He has been awarded several global patents for his innovative work on materials and related technologies.
He was bom and raised in Fukushima, Japan.
Admiral Kazuya Natsukawa
Admiral Kazuya Natsukawa is a senior advisor at jED. He was formerly Chairman of Joint Chiefs of Staff of Japanese Self Defense Force, has been instrumental in founding Fumin Global. He is also an advisor to Fumin Global, a investee company of jED. Previously he was a special advisor to Hitachi Corporation.
He graduated from National Defense Academy of Japan.