Trutankless, Inc. Announces Completion of New Research and Development Facility

Rhea-AI Summary

Trutankless, Inc. (OTCQB: TKLS) has announced the completion of a new production laboratory and R&D facility in Scottsdale, enhancing its capabilities for developing smart electric tankless water heaters. The facility includes advanced research and testing systems. The company has hired a patent law firm and filed its first series of patents to protect its innovations. Trutankless aims to accelerate product development and expand market presence, catering to smart home solutions. The new products are expected to boost revenues and positively impact environmental sustainability.

Positive

• Completion of new R&D facility enhances product development capabilities.
• First of several patents filed to protect intellectual property.
• Expansion aims to increase revenue streams and environmental impact.

Negative

• None.

PHOENIX, March 4, 2021 /PRNewswire/ --Trutankless, Inc. (OTCQB: TKLS) manufactures an award-winning line of smart electric tankless water heaters. Trutankless announces it has completed the buildout of a new production laboratory and R&D facility. The newly renovated space located in Scottsdale is complete with state of the art research and testing systems for the development of new products. Trutankless has hired a prominent patent law firm and has filed the first of a series of planned patents. 

"Our new R&D facility allows us to accelerate product development and explore new markets that will add to our growing portfolio of leading products for the home service and construction industries" stated Michael Stebbins, President and CEO, of Trutankless, Inc. "As a technology company, patents are a key part of the value development of the business. Expanding our intellectual property portfolio provides us with further support and tools to ensure consistent quality of our products as well as the ability to protect our core technologies."

Trutankless has a growing network of industry-leading distributors spanning the nation. Our team has built relationships around positive feedback from the channel for our line of intelligent plumbing products. We believe the introduction of new products for today's smart homes will garner even more excitement from a broader customer base seeking solutions for problems like ruptured pipes, leaks and wasted water in homes around the globe. We hope to announce targeted launch dates for a suite of products that will yield additional revenue streams, while boosting the company's positive environmental impact worldwide.

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.

Connect on social media: www.houzz.com/pro/trutankless www.facebook.com/trutankless www.twitter.com/trutankless 
www.youtube.com/trutankless 

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.There is no guarantee that any specific outcome will be achieved. Past performance is not indicative of future results.

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SOURCE Trutankless, Inc.

FAQ

What recent developments has Trutankless (TKLS) announced?

Trutankless announced the completion of a new production laboratory and R&D facility aimed at boosting product development.

How will the new R&D facility impact Trutankless (TKLS)?

The new R&D facility will accelerate product development and allow exploration of new markets.

What patents have been filed by Trutankless (TKLS)?

Trutankless has filed its first patent as part of a series to protect its innovations.

Where is Trutankless (TKLS) based?

Trutankless is headquartered in Scottsdale, Arizona.

What products does Trutankless (TKLS) develop?

Trutankless develops smart electric tankless water heaters and other home automation products.