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Trutankless Sales up 200% in First Half of 2018 from Last Year

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Trutankless Sales up 200% in First Half of 2018 from Last Year

PR Newswire

PHOENIX, Aug. 17, 2018 /PRNewswire/ -- Trutankless, Inc. (OTCQB:TKLS) released its earnings report for Q2 2018, announcing a 200% year-over-year increase in sales for the first six months of 2018.  In the first half of 2018, the Company's sales were $779,385, vs. $258,139 in the first half of 2017.

The company attributes this continued growth to several factors, including strong demand for its trutankless line of smart water heaters amongst a growing number of the nation's largest homebuilders, as well as the impact of growth in channel sales.

"In the last year, we have really seen our sales take off, and part of that is we believe the company is reaching a critical mass of customers who are sharing with others how great our product is," said Michael Stebbins, president of trutankless. "Many of our new customers are homebuilders who have seen the performance and value proposition of our product from other leading homebuilders."

The trutankless water heater line was launched in 2014, garnering numerous awards including "Best Home Technology Product" at that year's International Builders Show as well as the Governor's Award of Merit for Energy and Technology Innovation at Arizona Forward's Environmental Excellence Awards. Trutankless has earned four consecutive "Best of Houzz" nods for client satisfaction and was featured as a water saving device in Consumer Reports' Top 5 Remodeling Trends for 2016 write-up. To learn more about the company's products or to find a dealer near you, visit trutankless.com.

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

About trutankless:
Founded in 2010, trutankless, a division of Trutankless, Inc. (OTCQB:TKLS), was brought to life through the combined insight, ingenuity, and drive of industry professionals and engineers 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. 

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.

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.

 

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SOURCE Trutankless, Inc.

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