LAS VEGAS, NV / ACCESSWIRE / June 15, 2021 / Triad Pro Innovators, Inc. (OTC PINK:TPII), a leading developer of proprietary devices for the storage of electricity utilizing the patent pending Triad Pro eCell, is pleased to announce receipt of a purchase order from Cooper Rentals Trench Division, a leading full-service construction equipment rental company servicing contractors across Canada, for Triad Pro Innovators' revolutionary eTower. The first units are targeted to ship in the third quarter, marking the first wide scale deployment of the Triad Pro eCell technology.
The eTower is the first ultra-fast charging industrial portable lighting solution with the capability to reduce diesel consumption by up to 80% compared to traditional products. The Triad Pro eCell technology allows for operation of the units down to -50C without reduction of power performance, compared to similar solutions utilizing battery storage technologies which can lose 50% efficiency. This is expected to be game-changing, as current solutions in cold climates rely on portable diesel generators. eTower models, depending on configuration and upgrade options will retail for $15,000 - $25,000 USD.
"Cooper is a clear leader in the equipment rental space, proving their strategy to innovate their industry by adopting the latest technologies. We look forward to our relationship moving forward and identifying new disruptive products for their industry," Murray Goldenberg, CEO of Triad Pro Innovators. "We are positioning the company to be the prominent supplier of light towers to Cooper across all divisions; as well as other North American equipment rental companies who we expect to receive orders from.
Per Dataintelo's "Global Portable Lighting Industry Research Report, Growth Trends and Competitive Analysis 2019-2025," the global portable lighting industry is posed to grow from $2.331 billion in 2018 to $3.283 billion in 2025. The North American market makes up 33.1% of the global market. Triad Pro Innovators expects to capture a significant percentage of this market in the next 2-3 years.
About Triad Pro Innovators, Inc. (OTC PINK: TPII):
Triad Pro Innovators, Inc. has developed a proprietary device to be utilized in a variety of circumstances to store electricity .The newly developed Triad Pro power supply provides our storage system with tremendous operational flexibility. Using our propriety hardware and software solution, our eCell can be configured to store energy at a rate limited only by the network providing it, and then release that energy in a regulated way based upon the application, which allows for flexibility unknown in current chemical battery-based storage systems. Triad Pro creates and designs renewable energy solutions including Co-Generation and the Rapid-K Power Cells that can be used stand alone or modular as energy demands increase.
About Cooper Equipment Rentals
Established in 1972, Cooper is the leading independent Canadian full-service construction equipment rental company, servicing contractors throughout Ontario and in parts of Quebec, Alberta, British Columbia and Atlantic Canada. Cooper specializes in compact equipment and aerial rentals and offers a broad range of construction equipment and supplies, backed by unparalleled service and support. The company operates in excess of 40 rental locations.
The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursuant," "target," "continue," and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding TPII's plans, objectives, future opportunities for TPII's services and products, future financial performance and operating results and any other statements regarding TPII's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond TPII's control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in our charter documents; and, the uncertainties created by the ongoing outbreak of a respiratory illness caused by the 2019 novel coronavirus that was recently named by the World Health Organization as COVID-19. These and other important risk factors are described more fully in our reports and other documents filed with OTC Markets Group in satisfaction of the company's obligations as an alternative reporting company. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.
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SOURCE: Triad Pro Innovators, Inc.