Consumer adoption and contractor demand for GEN3 technology drive more than 118% year-over-year sales growth

SCOTTSDALE, Ariz., June 15, 2026 /PRNewswire/ — Trutankless®, a leader in smart electric tankless water heating technology, announced a strong start to 2026 as growing demand from homeowners, plumbers, contractors, and wholesale distributors helped drive sales growth of more than 118% compared to the same period last year.

The company reported first-quarter net sales of $940,470, more than double the $430,090 reported during the first quarter of 2025.

The growth reflects increasing adoption of the company’s GEN3 Smart Tankless Water Heater, as consumers seek energy-efficient alternatives to traditional tank water heaters and contractors look for reliable, easy-to-install solutions that deliver long-term value.

“More than doubling our sales year over year is a strong signal that the market is embracing smart tankless technology,” said Guy Newman, CEO of Trutankless®. “Homeowners want endless hot water, lower energy consumption, and better control over their home’s systems. At the same time, plumbers and contractors are looking for products they can confidently recommend to customers. GEN3 is proving it can deliver on both.”

The company’s GEN3 platform combines on-demand hot water with advanced monitoring capabilities and compatibility with recirculation systems and LeakSecure® technology, making it an attractive option for both new construction and retrofit projects.

As demand continues to grow, Trutankless is expanding its network of wholesale distribution partners and contractor relationships across the country, with particularly strong momentum throughout Arizona, Texas, and Florida.

To support that growth, Trutankless® recently expanded operations with a new Phoenix-based production, engineering, and training facility. The company is also continuing to invest in product innovation, including the development of enhanced remote monitoring capabilities through a customizable mobile app and control platform.

“For contractors, success comes down to customer satisfaction and trust,” Newman added. “The more homeowners experience the benefits of smart tankless water heating, the more demand we’re seeing at the contractor and distributor level. That’s creating a powerful cycle of growth that we’re excited to build on.”

About Trutankless®

Trutankless® is an innovator in electric tankless water heating technology, focused on delivering energy-efficient, reliable, and connected solutions for residential and commercial applications. The company’s smart electric tankless water heaters provide endless hot water on demand while helping reduce energy consumption and maintenance requirements. Trutankless® products are available through wholesale plumbing distributors and dealers nationwide.

For more information, visit www.trutankless.com.

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

CRAWLEY, England, June 15, 2026 /PRNewswire/ — Roam Charging, a leading provider of electric vehicle (EV) charging solutions, has announced the launch of its latest EV charging installation at David Lloyd Clubs in Hatfield, marking another milestone in its growing partnership with David Lloyd Clubs to deliver a major EV charging rollout across the UK.

The Hatfield launch, located at Hatfield Business Park, will take place on Thursday 18th June from 8.00am until 4.00pm, with Roam and David Lloyd teams on site to welcome members, showcase the new charging facilities and support drivers in getting set up on the Roam app. On the day, visitors can expect hands-on assistance, the opportunity to ask questions about EV charging as well as free charging throughout the launch event.

This launch follows a successful activation at David Lloyd Clubs Purley, where Roam hosted a similar event that resulted in strong engagement with members and sustained high charger utilisation long after launch day. Roam’s events focus on education, accessibility and creating a seamless charging experience for those using the health club’s car park.

Commenting on the launch, James Randall from Roam, said:

“Our partnership with David Lloyd Clubs is about making EV charging simple, convenient and part of everyday life. The success of our Purley launch showed just how valuable it is to be on-site, speaking directly with members and helping them get set up from day one. We’re excited to bring the same experience to Hatfield and continue supporting David Lloyd Clubs members on their transition to electric driving.”

As part of the partnership, David Lloyd Clubs members receive a free Roam membership, normally priced at £7.20 per month. This benefit provides access to reduced charging tariffs:

AC chargers: 51p per kWh (standard rate 59p)DC chargers: 64p per kWh (standard rate 72p)

Roam’s event at David Lloyd Clubs, Hatfield Business Park, Hatfield AL10 9AX, will take place from 8.00am until 4.00pm on Thursday 18th June.

Roam’s app can be downloaded for free by following this link.

About Roam

Roam is dedicated to transforming the EV charging experience with a comprehensive suite of cutting-edge charging solutions designed for drivers, businesses and communities. With a focus on accessibility, reliability and scalability, Roam provides smart charging stations, intuitive software, and customer-first services that empower the transition to electric mobility. From high-power public chargers to flexible commercial installations, Roam continues to expand its network and support the global shift toward cleaner transportation.

For more information, visit https://www.roamcharging.com.

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The partnership gives hotel portfolios stronger control across procurement, accounting, and payments, now connected as one workflow.

SAN ANTONIO, June 15, 2026 /PRNewswire-PRWeb/ — Reeco, the leading AI-powered procure-to-pay platform for hospitality, announced it has joined with accounting leader M3 and payments pioneer Corpay to unveil a seamless procure-to-pay solution at HITEC 2026.

Through the partnership, hotels can:

Stronger control and validation, with accurate GL posting and no month-end surprises

Less manual work, with AI that codes invoices and flags price and quantity mismatches before they post

Faster, more secure payments, with real-time status back to every team

Reliable data and reporting across the full AP lifecycle

Henrik Shimony, Reeco’s co-founder and Chief Executive Officer, said, “I grew up in my family’s hotels, so I know this problem from the inside: procurement, accounting, and payments that never talked to each other until the month closed. With Reeco, M3, and Corpay in partnership, hotel teams run the whole thing as one workflow, from purchase order to payment.”

The new workflow gives management companies one place to run every property, with fewer manual steps, tighter spend control, and numbers they can trust at month-end.

More information on this workflow can be found here.

“Customers don’t just need integrations. They need outcomes,” said JoAnn Kintzel, CEO at M3. “What M3, Reeco, and Corpay have built together isn’t a patchwork of connections — it’s a single, trusted financial workflow that gives hotel teams the visibility, control, and confidence they’ve always needed. This is the modern back office, built for hospitality.”

Sven Hinrichsen, President & GM – AP Automation at Corpay, added, “Hotel operators shouldn’t have to manage disconnected systems to run their business effectively. We’re proud to partner with Reeco and M3 to deliver a unified procure-to-pay workflow purpose-built for the hospitality industry, bringing together industry-leading procurement, accounting, and payment capabilities in one seamless experience. This partnership gives hotel operators greater control, visibility, and efficiency across the entire financial lifecycle.”

About Reeco

Reeco is the leading AI-powered procure-to-pay platform for the hospitality industry, transforming how hotels manage procurement, inventory, and accounts payable across the full range of what hotels actually buy, from food and beverage to cleaning and chemicals to OS&E, not just office supplies. Reeco brings purchasing, receiving, recipe management, inventory control, and accounts payable together in one platform and applies AI where it changes the outcome, coding invoices in seconds and catching price and quantity mismatches before they post. The result is less manual work, tighter control, and stronger margins across every property. For more information, visit reeco.com.

About M3

M3 is the leading hospitality accounting software company in North America and a Blackstone Growth portfolio company, serving 9,000+ hospitality properties. Built by hoteliers, for hoteliers, for more than 25 years, M3 delivers a hotel-specific back-office ecosystem, consisting of accounting software, AI-powered financial automation, labor management, business intelligence, and outsourced accounting services, as well as a curated network of Strategic Alliances — giving owners, operators, and management companies total clarity and control across portfolios of any size. Learn more at m3as.com.

About Corpay

(NYSE: CPAY) is a global S&P 500 corporate payments and spend management company that helps businesses modernize financial operations through accounts payable automation, commercial payment solutions, and spend management technology. A trusted provider of payment and spend management solutions for the hospitality industry, Corpay helps hotel operators with solutions that modernize accounts payable, improve payment efficiency, and help hoteliers better manage spend. Learn more at corpay.com.

Media Contact

Elliott Mest, MFC PR, 1 (862) 371-0511, elliott@mfcpr.com, www.reeco.com

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SOURCE Reeco