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Rinnai America Joins Forces with Homes For Our Troops to Aid Injured Veterans

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Manufacturer marks Official Supplier status with 5 millionth tankless water heater donation and 50-year anniversary milestone

PEACHTREE CITY, Ga., Dec. 19, 2024 /PRNewswire/ — Rinnai America Corporation — manufacturer of a leading brand of tankless gas water heaters in North America — is proud to announce a landmark partnership with Homes For Our Troops (HFOT), a nonprofit organization dedicated to building and donating specially adapted custom homes nationwide for severely injured post-9/11 Veterans, to enable them to rebuild their lives. The new agreement makes Rinnai the Official Supplier of water heaters for new homes across the country through 2027.

This exclusive collaboration strengthens both organizations’ shared commitment to providing Veterans and their families with the resources they need to rebuild their lives after service. Also celebrating 50 years in North America, Rinnai marked the occasion by donating the 5 millionth tankless water heater manufactured at its state-of-the-art facility in Griffin, Georgia for a new home under construction in Texas.

“Celebrating 50 years and reaching 5 million tankless water heaters sold in the North American market are significant milestones for us but knowing that our donation is helping a Veteran and their family start a new chapter in life is incredibly meaningful,” said Frank Windsor, President, Rinnai America Corporation. “We are honored to help restore some of the freedom and independence to the brave men and women who have sacrificed so much defending our country. Our continued partnership with Homes For Our Troops is a powerful way for us to give back and deliver our brand promise of ‘Creating a healthier way of living’.”

Since its inception in 2004, HFOT has built over 400 homes. Each specially adapted energy efficient home is designed to comfortably raise a family while limiting future expenses. Equipped with Rinnai’s durable and highly energy efficient products, the homes constructed as part of this partnership will help reduce the families’ long-term utility costs and serve as a safe and welcoming place to call home for years to come.

“We are incredibly proud to extend our partnership with Rinnai. The company’s passion for assisting Veterans and their families significantly helps us advance our mission of Building Homes and Rebuilding Lives for severely injured post-9/11 Veterans,” said HFOT President/CEO, Brig. Gen., USA (Ret) Tom Landwermeyer. “These Veterans face enormous challenges, and through this partnership, we are also providing the comfort and convenience of a high-quality water heater to help create a home that promotes healing and independence.”

Army SGT Christopher Leverkuhn will receive the 5 millionth product, a SENSEI® RX Series, for his home currently under construction in Kerrville, Texas. The most advanced condensing tankless water heater on the market, it sets the standard for efficiency at 0.98 UEF and creates a healthier way of living by delivering the ultimate in comfort, smart design and unlimited hot water.

Over the next three years, Rinnai will donate appropriate products with features ideal for the hot water demands of each Veterans’ home. Many will receive Rinnai’s newest condensing tankless water heater, the SENSEI RXP. This product comes equipped with a built-in recirculation pump to deliver faster hot water to the faucet. Rinnai will also provide its RWM200 WiFi module, which can be used with the Rinnai Central™ app to control temperature and recirculation patterns. Veterans may also receive Rinnai’s new electric heat pump water heater, one of the most sustainable electric water heating solutions available, meeting highest efficiency standards while reducing energy usage and costs.

The agreement highlights the growing commitment of the sustainable manufacturer’s corporate responsibility and charitable giving in addressing the needs of Veterans and their families. In addition to HFOT, Rinnai partners with Folds of Honor, a nonprofit organization that provides educational scholarships to the spouses and children of military members who have fallen or been disabled while serving in the United States Armed Forces. These organizations prove that partnerships can lead to lasting change and help those who have given so much for their country.

About Homes For Our Troops:
Homes For Our Troops (HFOT) is a publicly funded 501(c)(3) nonprofit organization that builds and donates specially adapted custom homes nationwide for severely injured post-9/11 Veterans, to enable them to rebuild their lives. Most of these Veterans have sustained injuries including multiple limb amputations, partial or full paralysis, and/or severe traumatic brain injury (TBI). These homes restore some of the freedom and independence our Veterans sacrificed while defending our country, and enable them to focus on their family, recovery, and rebuilding their lives. Since its inception in 2004, nearly 90 cents of every dollar spent has gone to our program services for Veterans. HFOT builds these homes where the veteran chooses to live and continues its relationship with the Veterans after home delivery to assist them with rebuilding their lives. www.hfotusa.org.

About Rinnai:
Rinnai America Corporation, a subsidiary of Rinnai Corporation in Nagoya, Japan, was established in 1974 and is headquartered in Peachtree City, Georgia. Rinnai Corporation manufactures gas appliances, including tankless water heaters, a wide range of kitchen appliances, and heating and air conditioning units. As the technology leader in its industry, Rinnai is the largest gas appliance manufacturer in Japan and is the No. 1 selling brand of tankless gas water heaters in the United States and Canada. Annual corporate revenues, including those of its subsidiaries, are in excess of $3.3 billion. With a global perspective to create 21st-century products for the home and business, Rinnai Corporation commits itself to safety and Creating a healthier way of living®. For more information about Rinnai’s entire product line, visit www.rinnai.us.            

Copyright 2024. All rights reserved. Rinnai® and Creating a healthier way of living® are the registered trademarks of Rinnai Corporation used under license by Rinnai America Corporation.

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SOURCE Rinnai America Corporation

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Mitrade Taps Former Pit Trader and Brokerage CEO Christopher Brankin as Global Markets Advisor

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LIMASSOL, Cyprus, Oct. 8, 2026 /PRNewswire/ — Award-winning CFD broker Mitrade has engaged Christopher Brankin as Global Markets Advisor. A markets commentator featured on CNBC, Bloomberg, and Reuters, Brankin was the founding CEO of TD Ameritrade Singapore and later headed regional expansion for a CFD brokerage.

The appointment comes as global events continue driving European market conditions. In September alone, the ECB raised rates citing the Middle East supply disruptions, the euro fell 0.5% after the Fed followed suit, and Europe’s gas benchmark held above twice pre-war levels as Hormuz LNG flows slumped.

Having worked both the trading floor and the helm of major brokerages, Brankin brings over three decades of market experience. Starting in Chicago’s open-outcry futures pits in 1995, he ran a proprietary trading desk and oversaw execution and clearing at thinkorswim before building and leading regulated firms across Asia, navigating cycles from the 2008 financial crisis to 2020 market volatility.

“2026 has put European traders through a war-driven energy shock and back-to-back rate rises. Europe now imports its volatility, and traders who understand its source see the market differently. Mitrade shares my belief in financial literacy, and I look forward to adding my perspective through the platforms I have,” said Christopher Brankin, Global Markets Advisor, Mitrade Group.

In this role, Brankin will contribute institutional analysis, market commentaries, and educational insights on global market developments for Mitrade.

About Mitrade 

Mitrade is a CFD trading platform operating in eligible EEA markets through Mitrade EU Limited, a CySEC-authorised investment firm (CIF438/23). Other legally separate entities within the international group are independently authorised and regulated in their respective jurisdictions by ASIC (AFSL398528), CIMA (SIB1612446), FSCA (FSP54842), FSC (GB20025791), and CMA (20200000397). 

Globally, the brand connects 7M+ traders to 1,000+ CFDs on indices, forex, commodities, shares, ETFs and more. The platform is designed to provide fast execution, flexible leverage on a per-position basis, competitive spreads and an intuitive interface accessible across multiple devices. 

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 

Visit https://www.mitrade.eu for more information.

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BORICA and OpenWay Win PAY360 Award for Bulgaria’s Euro Payments Transformation

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The Best Partnership Initiative award recognizes BORICA and OpenWay for their contribution to Bulgaria’s payments transformation and successful euro transition.

LONDON, Oct. 8, 2026 /PRNewswire/ — BORICA AD and OpenWay have won the Best Partnership Initiative Award at the PAY360 Awards 2026 for their work together on Bulgaria’s payment infrastructure and the country’s successful transition to the euro.

The award recognizes the impact of a long-term partnership focused on a challenge where there was no room for disruption: transforming critical national payment infrastructure while ensuring that everyday card payments and ATM services continued from the first minute of euro adoption.

Since 2018, BORICA and OpenWay have worked together to modernize Bulgaria’s card processing infrastructure, combining BORICA’s expertise in national payment services and ecosystem coordination with OpenWay’s Way4 real-time digital payment software platform and payment technology expertise.

What set the initiative apart was its scale, continuity and practical impact. The partnership was developed over years of modernization and then tested under exceptional live conditions when Bulgaria adopted the euro on 1 January 2026.

The euro programme brought together more than 35 banks, payment service providers, fintechs, government institutions and technology partners. BORICA and OpenWay worked closely to prepare and execute the card processing transformation, with extensive testing, rehearsals and operational coordination before the cutover.

The results came almost immediately after midnight. The first successful euro ATM withdrawal was completed just 20 seconds into the new currency environment. Within the first 48 hours, more than 930,000 card and ATM transactions worth nearly €42 million were processed with zero unplanned downtime.

Miroslav Vichev, CEO of BORICA AD, said:
“Our shared objective went beyond a successful technology transition. We wanted to ensure that a transformation of this scale could happen without disrupting the everyday payment experience. That required years of preparation, disciplined execution and trust between our teams and across the wider ecosystem.”

Pavel Gubin, CEO of OpenWay Group, said:
“What makes this achievement distinctive is not technology or scale alone, but what BORICA and OpenWay were able to accomplish together. We have spent years building a payment environment designed to evolve without compromising continuity. Euro adoption put that approach to the ultimate real world test, and the results speak for themselves.”

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SOURCE OpenWay

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Fibocom and Grid-OS Accelerate IoT Deployment at Scale in India at IMC 2026

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NEW DELHI, Oct. 8, 2026 /PRNewswire/ — Fibocom, a leading global provider of wireless communication modules and AI solutions, is collaborating with India-based IoT ODM Grid-OS to advance smart payment and vehicle tracking applications in India. At IMC 2026, Grid-OS is showcasing a Payment Soundbox powered by Fibocom’s LE270 LTE Cat 1 bis module, alongside two 4G Vehicle Trackers based on Fibocom’s LE250 series LTE Cat 1 bis modules.

India’s IoT market is moving rapidly toward large-scale deployment. NPCI data shows that UPI transactions reached 24.51 billion in August 2026, while growing applications such as vehicle tracking are creating increasingly diverse requirements for reliable connectivity, low power consumption and positioning capabilities.

For the Payment Soundbox, Fibocom LE270 provides stable 4G connectivity for real-time payment information transmission. Optimized for connected-mode and DRX standby power consumption, LE270’s low-power design helps the Soundbox achieve approximately 7–8 days of battery life with a 2000mAh battery.

The collaboration also extends to two Grid-OS 4G Vehicle Trackers based on Fibocom LE250. The module provides LTE connectivity and GPS/BeiDou positioning, supporting vehicle location and operational data transmission. LE250 also supports OpenCPU and DFOTA, helping simplify product development and subsequent software maintenance.

“Fibocom’s broad wireless communication portfolio gives us the flexibility to select suitable solutions for different IoT product requirements,” said Raghav Gautam, Founder of Grid-OS. “Together with our capabilities spanning product development through mass manufacturing, this provides a strong foundation for expanding our collaboration across more applications.”

Ronald Chan, Vice President of APAC Sales at Fibocom, said: “India is an important IoT market for Fibocom. Our collaboration with Grid-OS, expanding from payment soundbox to vehicle tracker, demonstrates how our diversified wireless portfolio can support local partners across different device requirements and accelerate commercial deployment at scale.”

About Fibocom

Founded in 1999, Fibocom is a leading global provider of wireless communication modules and AI solutions. Its portfolio spans cellular, AI, automotive and GNSS modules, together with AI toolchains, global connectivity and cloud services, empowering connected and intelligent applications worldwide.

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SOURCE Fibocom

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