Bollente Companies, Inc. (OTCQB:
BOLC), through its trutankless® brand, is a manufacturer and distributor of
innovative tankless water heaters in the United States. The company strives to
create electric tankless water heaters that far surpass traditional tank water
heaters in terms of energy efficiency, output, dependability and environmental
sustainability while effectively overcoming the drawbacks of lesser tankless
units.
In April, Bollente announced the
release of a new line of water heaters geared toward budget-driven customers.
These products, known as the Vero™ line, boast the same unrivaled water heating
performance, durability and space savings of the trutankless flagship line at a
fraction of the cost. Following the enactment of updates to the National
Appliance Energy Conservation Act earlier this year, Bollente expects this new
product line to provide an opportunity for sustainable market growth in the
future.
“The new Department of Energy
guidelines for water heaters are going to impact the majority of homes that
currently use traditional tank water heaters,” Michael Stebbins, president of
trutankless, stated in a news release. “Tanks will become larger and costlier
to install, and homes requiring tank heaters that hold 55 or more gallons will
have to upgrade to a heat pump for twice the cost, or go tankless. We are
pleased to offer whole-home electric tankless solutions that already exceed the
new energy factor guidelines.”
The company’s product offerings
also include truCirc, a state-of-the-art water circulation pump designed to
work seamlessly with its efficient water heaters. truCirc allows users to
accurately track water usage throughout their homes and predict when hot water
will be needed. By learning usage patterns, the device limits energy usage by
keeping water hot only when it is likely to be needed. The product’s intuitive
interface also allows homeowners to quickly and easily change delivery modes
and zones to minimize wasted water.
“As a standalone product, truCirc
provides tremendous energy and water savings for a household,” continued
Stebbins. “When used in conjunction with a 99 percent energy-efficient
trutankless unit, the end result is a complete water heating system with
unrivaled efficiency, durability and long-term value to the homeowner.”
As the home construction industry
continues to shift toward more environmentally-friendly solutions, Bollente is
in a strong strategic position to record improved financial results. According
to a report by McGraw Hill Construction, the overall green single-family
housing market is expected to account for more than $80 billion in revenue by
2016, representing a 100 percent increase over the results of 2013. This
continued market growth could provide Bollente with an opportunity to post
strong results in the future.
Bollente’s proven product line
provides the company with a platform to realize continued growth in the months
to come. For prospective investors, this growth could translate into
sustainable returns moving forward.
For more information, visit
www.bollentecompanies.com
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
