Trutankless, Inc. Announces Expansion into Multi-Family Sector with Product Line for Smart Homes in the Condo and Apartment Home Market

Company expects additional growth as it brings the IoT to large scale residential, commercial and apartment building with commercial grade water heating systems

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Trutankless, Inc.

Sep 17, 2019, 08:10 ET

PHOENIX, Sept. 17, 2019 /PRNewswire/ -- Trutankless, Inc. (OTCQB: TKLS), the company known for its best-in-class electric whole home tankless water heaters, recently announced product updates to its light industrial lineup to address trends in the multi-family development sector.

The TC Series positions Trutankless to take advantage of more opportunities in today's new condo and apartment complexes, which are increasing in both size and sophistication. Developers and management companies are employing the IoT to streamline maintenance and lower the cost of operation making Wi-Fi enabled trutankless an ideal solution. The product's ability work as part of a building's automation system makes the company's products uniquely positioned to displace traditional water heating methods in condos and apartments.

Expensive central boiler systems with inefficient recirculation loops or bulky tank-type systems, which can leak and need to be replaced often, can be eliminated in both new and existing multi-family developments with trutankless. New federal standards for appliances make trutankless a great option for property managers seeking to increase the efficiency of existing structures by upgrading from traditional tank water heaters.

Condo buyers and apartment tenants enjoy lower bills, more usable living space, and endless hot water while developers have more flexibility for efficient design and increase marketable square footage. Meanwhile, property management companies can eliminate the ongoing cost and headache of water heater maintenance and replacement with actionable insight into water and energy usage through the use proprietary smart technology from trutankless.

"We're expecting the upgrades to our product line, combined with the expansion of our sales force in markets where multi-family developers are most active, will help fuel our continued success," said Michael Stebbins, President of Trutankless, Inc. He also added, "Trutankless offers a major upgrade over traditional systems and that's especially true in condo and apartment settings where space is at a premium. We believe this will add to the total addressable market in regions experiencing heavy growth in the multi-family sector."

About Trutankless, Inc.:

Trutankless, Inc. (OTCQB: TKLS) is a technology-driven developer of accessible, next-generation home automation and efficiency systems. The Company's primary products are a line of electric tankless water heaters that surpasses traditional tank water heaters in energy efficiency, output, dependability and environmental sustainability. The Company sells its products to plumbing wholesale distributors and dealers throughout the United States. Trutankless, Inc. was founded in 2008 and is headquartered in Scottsdale, Arizona.

Please visit www.trutankless.com or call 855-TO-BUY-TRU.

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Forward-Looking Statement: The statements in this press release regarding any implied or perceived benefits from the release by trutankless of its line of electric tankless water heaters or added key strategic sales and distribution partners are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, risks of the key strategic sales and distribution partners ability to sell our product, and effects of legal and administrative proceedings and governmental regulation, especially in a foreign country, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include the introduction of new technology, market conditions, and those set forth in reports or documents we file from time to time with the SEC. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE Trutankless, Inc.