NetworkNewsWire
7 years ago
BOLC's trutankless® Enters Nationwide Distribution Program with Ferguson
Bollente Companies, Inc. (OTC: BOLC) this morning announced that its award-winning trutankless line of electric tankless water heaters has launched a nationwide distribution program with Ferguson, the largest distributor of commercial and residential plumbing supplies in the United States. “This national rollout with Ferguson is a milestone for trutankless and the culmination of a long and successful relationship with one of the most recognized names in the industry,” Michael Stebbins, president of trutankless, stated in the news release. “Ferguson has a reputation for selecting only the highest quality, technologically innovative products on the market, and we’re happy to be on that list. We have enjoyed working side by side with their team as we’ve expanded and built a national footprint.” Per this morning’s update, trutankless units are now available in more than 1,400 Ferguson locations across the country.
To view the full press release, visit http://nnw.fm/yh3cF
About trutankless:
Founded in 2010, trutankless, a division of Bollente Companies, Inc. (OTCQB: BOLC), was brought to life through the combined insight, ingenuity, and drive of industry professionals, engineers, and entrepreneurs. The objective was to create a line of electric tankless water heaters that far surpasses traditional tank water heaters in energy efficiency, output, dependability and environmental sustainability while overcoming the frustrating drawbacks of other tankless units on the market today. The trutankless mission is to efficiently provide hot water on demand by combining smart engineering with forward-thinking technologies that save owners money, energy, and space. For more information, please visit www.trutankless.com or call 855-TO-BUY-TRU.
NetworkNewsWire
7 years ago
BOLC Reaches Millennials with trutankless® Smart Water Heater System
Bollente Companies, Inc.’s (OTC: BOLC) trutankless® water heaters are likely to be more appealing to tech savvy millennials than more traditional models, as they can be managed from anywhere in the world using a smartphone. An article further discussing this topic reads: “The trutankless smart water heater system can be managed by logging in to a customizable online control panel. From the dashboard, residential and commercial users can obtain real-time status reports, adjust unit temperature settings, view up to three years of water usage data and change notification settings from anywhere in the world, using a computer or web-enabled smart device. Additionally, service professionals can use the dashboard to monitor system status on every unit they install, allowing them to proactively contact their customers if a service or warranty appointment is needed. The smartphone apps, which allow monitoring and control of the tankless systems, are available for download from the Google Play and Apple iOS stores.”
To view the full article, visit: http://nnw.fm/KP7Qx
About Bollente Companies, Inc.
Founded in 2010, trutankless, a division of Bollente Companies, Inc. (OTC: BOLC) is in the early stages of developing a diverse portfolio of companies, targeting disruptive technologies that positively impact the environment and emerging economies. Founded in 2010, trutankless, a division of the company, was brought to life through the combined insight, ingenuity, and drive of industry professionals, engineers, and entrepreneurs. The objective was to create a line of electric tankless water heaters that far surpasses traditional tank water heaters in energy efficiency, output, dependability and environmental sustainability while overcoming the frustrating drawbacks of other tankless units on the market today. The trutankless mission is to efficiently provide hot water on demand by combining smart engineering with forward-thinking technologies that save owners money, energy, and space. For more information, please visit www.trutankless.com.
NetworkNewsWire
7 years ago
BOLC Offers Millennials Tankless Water Heaters they can Control from their Smartphones
- Established product, re-engineered for modern generations
- Tankless water heaters employ smartphone technology for greater control
- Product fits in with trend toward smart homes
Two recent surveys show why the electric tankless water heaters offered by Bollente Companies, Inc. (OTC: BOLC) are ideally suited to an age where the smartphone seems indispensable. The company’s trutankless® water heaters can be managed from anywhere in the world, using a computer or web-enabled device such as a smartphone, a feature that is likely to appeal to tech savvy Millennials and Post-Millennials. According to Nielsen (http://nnw.fm/vjSK3), 97% of Millennials aged 25-35 and 98% of those aged 18-24 own a smartphone. Moreover, a Bank of America survey, reviewed by Market Watch (http://nnw.fm/RwA19), revealed that 39 percent of ‘Millennials engage with their smartphones more than they do (with) actual humans’. In light of these insights, Bollente’s tankless water heaters will give modern generations greater control over their home environments, the first phase of a growing trend toward smart homes.
Bollente manufactures and sells a high quality, whole-house, electric tankless water heater that is more energy efficient than conventional products. Launched domestically in early 2014, the company’s line of trutankless water heaters made their international debut in the second half of 2015. Bollente has partnered with international manufacturing firms to increase production and efficiently handle distribution to customers in the United Kingdom and throughout Europe, Asia, Dubai, Australia and New Zealand. The company’s principal supplier is Sinbon Electronics, a contract manufacturer and engineering company based in Taiwan with manufacturing facilities in China.
trutankless water heaters are engineered to outperform and outlast previous generations of both with-tank and tankless water heaters in terms of energy efficiency, output and durability. The trutankless system provides endless hot water on demand for a whole household and integrates with home automation systems. It has several features and design innovations that are new to the electric tankless water heater market, which Bollente believes will give the product a sustainable competitive advantage over its rivals in the market; not least of these is the ability to exercise control when away from home.
The trutankless smart water heater system can be managed by logging in to a customizable online control panel. From the dashboard, residential and commercial users can obtain real-time status reports, adjust unit temperature settings, view up to three years of water usage data and change notification settings from anywhere in the world, using a computer or web-enabled smart device. Additionally, service professionals can use the dashboard to monitor system status on every unit they install, allowing them to proactively contact their customers if a service or warranty appointment is needed. The smartphone apps, which allow monitoring and control of the tankless systems, are available for download from the Google Play and Apple iOS stores.
Currently, trutankless products are available through wholesale plumbing distributors, including Ferguson, Hajoca, Hughes Supply, WinSupply, Morrison Supply and several regional distributors. Bollente’s primary markets, in Florida, Texas, Arizona and the rest of the Sunbelt region, are centers of growth in the U.S. construction industry, with green building at an all-time high and an unprecedented appliance replacement cycle. The company intends to take advantage of these powerful macro-economic trends.
On March 21, 2017, Bollente announced an exclusive partnership with Mr. Rooter, a full-service plumbing and drain cleaning chain with 269 franchises worldwide, making it the second largest in the U.S.
For more information, visit the company’s website at www.BollenteCompanies.com
NetworkNewsWire
7 years ago
Revolutionary trutankless Water Heaters from BOLC Gain Ground in Thriving Housing Construction Market
The housing construction market in the United States held strong in July 2017, with a seasonal adjusted rate of 1.22 million building permits, 1.15 million privately owned housing starts, and 1.17 million housing completions for private residences reported for the month. Construction trends are tending toward energy-efficient, water-saving multifamily residences in warm climates, which is fueling the demand for tankless water heaters such as those offered through the Bollente Companies, Inc. (OTC: BOLC) trutankless line. An excerpt from an article further discussing this reads: “The company’s industry partnerships for the trutankless line are an important growth driver and include the largest national and regional plumbing equipment distributors across the nation, as well as first-time partnerships with leading national service companies like Mr. Rooter. The international sale of trutankless systems is being managed through a wholly-owned subsidiary, Bollente International, Inc. Outside the U.S., the demand is high in places like Asia, Europe, Australia, and New Zealand, where homeowners are seeing the economic value of tankless water heater systems. The result has been significant growth, with total revenue for the last four quarters markedly outpacing total revenue of the previous four quarters.”
To view the full article, visit http://nnw.fm/51k6U
About Bollente Companies, Inc.
Founded in 2010, trutankless, a division of Bollente Companies, Inc. (OTC: BOLC) is in the early stages of developing a diverse portfolio of companies, targeting disruptive technologies that positively impact the environment and emerging economies. Founded in 2010, trutankless, a division of the company, was brought to life through the combined insight, ingenuity, and drive of industry professionals, engineers, and entrepreneurs. The objective was to create a line of electric tankless water heaters that far surpasses traditional tank water heaters in energy efficiency, output, dependability and environmental sustainability while overcoming the frustrating drawbacks of other tankless units on the market today. The trutankless mission is to efficiently provide hot water on demand by combining smart engineering with forward-thinking technologies that save owners money, energy, and space. For more information, please visit www.trutankless.com.
NetworkNewsWire
7 years ago
BOLC Tankless Water Heaters Gain Ground in Robust Housing Construction Market
- About 1,175,000 residential projects were completed in July, according to the U.S. Census Bureau
- Bollente’s trutankless water heaters are 99 percent efficient and provide hot water all the time
- The systems can run maintenance-free for 20 years or more, reducing demand on landfills
The U.S. housing construction market remained robust in July 2017. A seasonal adjusted rate of 1,223,000 for building permits was reported for the month, and privately-owned housing starts were adjusted to 1,155,000. There were 1,175,000 housing completions for private residences, according to the United States Census Bureau (http://nnw.fm/vcw4L). Construction trends of energy efficient, water saving multi-family dwellings in warm climates are fueling the demand for tankless water heaters like the revolutionary trutankless line from Bollente Companies, Inc. (OTC: BOLC). This comes as an estimated 57 percent of traditional U.S. water heaters are close to or have surpassed their expected age of failure.
The trutankless water heater line from Bollente is more compact and efficient than traditional heaters. It takes adherence to U.S. Department of Energy regulations further by eliminating a tank altogether. The agency requires tanks of 55+ gallons to achieve efficiency rates that require expensive heat pumps. The sensors in Bollente’s electric tankless water heaters keep water at a constant temperature. Efficiency is also maintained by solid state electronics and proprietary software.
Homeowners can monitor and control their water heaters remotely, and even manage and be alerted via smartphone. Wireless apps are available to set the system, monitor all parameters, and receive notifications on a phone from anywhere. Custom settings for power help to achieve even better efficiency and performance. trutankless heaters can also be connected to smart grid and home automation systems. In fact, they are 99 percent efficient, providing hot water at all times but using less energy than tank heaters.
The tankless water heaters also have a self-flushing system and can remain maintenance free for 20 years or more. Therefore, the costs of upkeep are low, and one does not have to worry about replacing the system for quite some time. Millions of old water heaters are dumped into landfills each year. The long-lasting systems from Bollente can help reduce the strain on the environment by keeping reliable, efficient tankless water heaters in homes longer, where they serve a functional purpose that people can depend upon over the long term.
The company is serving a housing market concentrated in warmer areas, in a nation where over eight million water headers are sold. This is important from an investment standpoint, in that the vast majority of building starts and permits cited earlier also represent an extremely high concentration in southern and western regions. Not only does the technology satisfy an increasing demand. It offers competitive pricing for a product that offers annual energy expenditures well below technologies such as conventional electric or gas storage and comparable to solar electric-backup systems.
The company’s industry partnerships for the trutankless line are an important growth driver and include the largest national and regional plumbing equipment distributors across the nation, as well as first-time partnerships with leading national service companies like Mr. Rooter. The international sale of trutankless systems is being managed through a wholly-owned subsidiary, Bollente International, Inc. Outside the U.S., the demand is high in places like Asia, Europe, Australia, and New Zealand, where homeowners are seeing the economic value of tankless water heater systems. The result has been significant growth, with total revenue for the last four quarters markedly outpacing total revenue of the previous four quarters.
For more information, visit the company’s website at www.BollenteCompanies.com
NetworkNewsWire
8 years ago
BOLC Offers Growing Opportunities for Investors
An increasing market value and lucrative assets are making Bollente Companies, Inc. (OTCQB: BOLC) appealing to potential investors. The shares bought over the past couple of years show that investors are taking notice of Bollente as it continues to partner with entrepreneurs and take on opportunities to grow its business and market presence.
Over the past several years, the company has worked to successfully develop an advanced consumer product with worldwide potential – a next-generation technology tankless electric water heater with major advances over other tankless systems, gas or electric, on the market. A diverse portfolio of companies has already opted for Bollente’s trutankless® system, including Cullum Homes, which has recently added the smart electric tankless water heaters in its properties – The Village at Mountain Shadows in Paradise Valley, Arizona, along with The Village at Silverleaf, located in North Scottsdale, Arizona. After extensive research and engineering, Bollente Companies officially launched the water heater line in 2014 and has been granted 32 patent claims on the technology, with several new ones on the way. The company’s trutankless® line is now the subject of demand among builders and remodelers.
The company’s recent press release regarding Cullum Homes (http://nnw.fm/22apN) included awards its advanced tankless water heater system has already received. The system has been honored by Arizona Forward’s Environmental Excellence Awards with the Governor’s Award of Merit for Energy and Technology Innovation. It was also named a Hot Product in Green Builder Magazine, and it received a silver award in the Appliance Design Excellence in Design contest. Earlier, it had been named “Best Home Technology Product” at the 2014 IBS show.
Developing product sales aren’t the only thing going for Bollente and its investors. A customized marketing program launched in 2015 (aimed at trutankless® installation partners) has boosted sales and introduced a proprietary app that notifies installers of sales opportunities via text message. The program includes training opportunities and a partnership with bluemedia, a signage provider, enabling installers to order branded vehicle wraps for their service fleets.
A recent report (http://nnw.fm/WRbb8) announced hundreds of electric tankless water heaters will be installed in senior living townhomes at Friendship Village in Tempe, Arizona, by 2018. The product is supporting the community’s continuing expansion. Another appeal to investors is the product’s energy efficiency, as these water heaters produce hot water at consistent temperatures, despite variations in incoming water temperature, to within one degree. They also provide the advantages of home automation, remote control, freeze protection, dry-fire defense, leak detection, and smart grid capabilities.
Globally, tankless water heater sales generated an estimated revenue of nearly $17 billion, according to Persistence Market Research (http://nnw.fm/83kBA), and they are projected to exceed well over $25 billion by 2024. This market segment represents just a small part of the global green building sector, which is currently outpacing overall U.S. construction growth and continues to double in size every three years. Smart appliances, including IoT devices in the home, represent a market valued at nearly $47 billion in 2015 that’s expected to grow to almost $122 billion by 2022 (per a MarketandMarkets forecast, http://nnw.fm/LLkf6). The growth in the number of senior living communities over the next 10 years represents a market opportunity for tankless water heaters as well – as baby-boomers look to healthy living and energy saving solutions. Therefore, investors focused on growth, market value, and energy efficiency can find Bollente a company worth considering.
For more information, visit the company’s website at www.BollenteCompanies.com
NetworkNewsWire
8 years ago
BOLC trutankless® Line Selected for Multiple Projects by Leading Senior Living Management Company
Bollente Companies, Inc. (OTCQB: BOLC) this morning announced that its innovative trutankless® line of smart water heaters has been selected for both a retrofit project and new construction of townhomes at Friendship Village, a retirement community located in Tempe, Arizona. The property is owned by Life Care Services Corporation, a leading senior living management and development company. “With its small footprint, energy savings and inherent longevity, trutankless is an ideal solution for the senior living industry which is expected to continue to outpace the overall economy,” Michael Stebbins of Bollente Companies stated in this morning’s news release. “Besides all the other benefits, trutankless has smart technology that makes it possible for maintenance crews to easily monitor hundreds of water heaters for usage data and safety compliance which means trutankless is uniquely poised for growth within the segment.” Since the launch of the first-generation trutankless unit at the IBS show in 2014, the advanced product line has been recognized by numerous publications for its forward-thinking technology and energy efficient design. In addition to being featured as a water saving device in Consumer Reports’ ‘Top 5 Remodeling Trends for 2016’ write-up, trutankless was named “Best of Houzz” in January 2017 for the third consecutive year as a result of its continued success among Houzz.com’s roughly 40 million homeowners.
To view the full press release, visit http://nnw.fm/2ESdb
About trutankless:
Founded in 2010, trutankless, a division of Bollente Companies, Inc. (OTCQB: BOLC), was brought to life through the combined insight, ingenuity, and drive of industry professionals, engineers, and entrepreneurs. The objective was to create a line of electric tankless water heaters that far surpasses traditional tank water heaters in energy efficiency, output, dependability and environmental sustainability while overcoming the frustrating drawbacks of other tankless units on the market today.
The trutankless mission is to efficiently provide hot water on demand by combining smart engineering with forward-thinking technologies that save owners money, energy, and space. For more information, please visit www.trutankless.com or call 855-TO-BUY-TRU.
News
Market Data
Customized watchlists with full streaming quotes from leading exchanges, such as NASDAQ, NYSE, AMEX, OTC Markets Small-Cap, LSE and more.
splintered sunlight
3 months ago
Lime Time
4 months ago
TB
1 year ago
MomsSpaghetti
3 years ago
Renee
3 years ago
adijas
6 years ago
