Bollente Companies (OTC: BOLC), through its trutankless division, is strengthening its lead in the tankless water heater industry with an award-winning, energy saving solution that addresses a multi-billion dollar demand. “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.”
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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.
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