Welcome!

News Feed Item

Energy Efficiency Innovator HPEV, Inc. Announces Distribution Agreement With WI Technologies for the Municipal, Industrial and Marine Electrical Motor and Pump Industries

WI Technologies to Distribute Electrical Motors for Pumping Equipment to a Targeted Market of More Than $13 Billion Annually

TAMPA, FL -- (Marketwired) -- 01/09/14 -- HPEV, Inc. (OTCQB: WARM), an innovator in energy efficiency and heat removal technologies, announced today that it has entered into an agreement with WI Technologies, a Nevada-based and closely held distributor of high tech electrical motor and pumping equipment, to be its exclusive supplier of motors for industrial pumps for sale into the municipal and industrial marketplaces. WI Technologies is currently accepting orders and according to WI Technologies' management, the company will distribute into three targeted markets totaling more than $13 billion annually.

Differentiator: double the power, a fraction of the maintenance costs. The motors and motor/pump combinations that WI Technologies is selling have approximately double the power output and a fraction of the maintenance costs of similar products both in the marketplace and currently being used in the field. The motors will be manufactured by a third party and cooled by HPEV's patented technology.

Industry veteran and observer John Ivins of ESSCO Pumps and Controls commented, "The people at WI Technologies have a strong opportunity here. This is truly differentiated equipment that offers dramatically improved performance and much lower maintenance costs to the end user. Whether it's a municipality or a large chemical company, they will see cost savings, much more efficient performance and better utilization of plant floor space. The pump industry doesn't often have much to get excited about, but this is real and demonstrable improvement and we are very excited to be offering it. HPEV's technology is giving us a real product to change the face of this industry."

"We are very happy that WI Technologies has chosen to market our technology exclusively. It says a great deal about WI Technologies confidence in us and their confidence that our technology will help them take significant market share in an industry that has been mired by pump downtime and high maintenance costs. We are truly addressing a huge problem for the industry," said Timothy Hassett, HPEV's CEO and co-founder. Hassett continued, "We are very excited to enter this agreement with WI especially on the heels of ESSCO being the first company to place a stock order for product incorporating our patented technology which is very unusual in the pump industry and shows great confidence in our technology."

HPEV's technology dramatically increases the efficiency of cooling the motor that drives these pumps by replacing the legacy design and mechanism used in the industry since the 1950s with HPEV's technology. HPEV's revolutionary technology enables a pump motor to require nearly zero maintenance while allowing the pump motor to output more power in a smaller frame.

WI Technologies is selling electrical motors and similar "GREEN" products in the submersible, horizontal and vertical shaft pump and motor categories. The marketplace that WI Technologies is addressing includes the municipal and industrial wastewater market, which is roughly a $7 billion annual marketplace for this type of equipment. This market includes city, county and state municipalities for both water and sewage management. Additionally, WI Technologies is addressing the industrial and marine market ($3-5 billion) which includes the energy, chemical and food industries to name a few, and the power plant industry ($3 billion).

The total US water treatment equipment market demand is forecast to grow at 5.9% a year and worth $13 billion in 2017 and the global water & wastewater treatment equipment market is set to grow with a CAGR of 7.4% till 2018 according to new water market research reports by different publishers available at ReportsnReports.com.

HPEV's technology is being integrated into the motors that are manufactured by a third party then sold by WI Technologies. All integrated parts meet all standards of the National Electrical Manufacturers Association (NEMA), the Institute of Electrical and Electronics Engineers (IEEE) and EPAct and Premium Efficient, CSA C390-2010 energy efficient levels and beyond.

About HPEV, Inc.

HPEV, Inc. is an intellectual property and product development company that employs a license and royalty model. The company has expertise in thermal dispersion technologies and their application to various product platforms. The Company is currently commercializing its patented thermal technology and has additional patents-pending for various OEM applications of its proprietary heat removal technologies. The markets that will be addressed by these technologies include myriad industries such as pumps, fans, compressors, batteries, motors, generators and bearings.

About WI Technologies.

WI Technologies is a privately held company based in Reno, Nevada. WI Technologies is a master distributor of products to help bring "GREEN" technology to electrical motor and pumping industries. The company offers industry specific products and solutions for the electrical motor and pumping industries.

Safe Harbor Statement.

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on plans and expectations of management and are subject to uncertainties and risks that could affect the company's plans and expectations, as well as results of operations and financial condition. A listing of risk factors that may affect the company's business prospects and cause results to differ from those described in the forward-looking statements can be found in company reports and documents filed with the Securities and Exchange Commission. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information about the media inquiries, contact:
HPEV, Inc.
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
"We began as LinuxAcademy.com about five years ago as a very small outfit. Since then we've transitioned into more of a DevOps training company - the technologies and the tooling around DevOps," explained Doug Vanderweide, an instructor at Linux Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal ...
Enterprises are universally struggling to understand where the new tools and methodologies of DevOps fit into their organizations, and are universally making the same mistakes. These mistakes are not unavoidable, and in fact, avoiding them gifts an organization with sustained competitive advantage, just like it did for Japanese Manufacturing Post WWII.
"DivvyCloud as a company set out to help customers automate solutions to the most common cloud problems," noted Jeremy Snyder, VP of Business Development at DivvyCloud, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at @DevOpsSUMMIT and CloudEXPO tell the world how they can leverage this emerging disruptive trend."
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
An edge gateway is an essential piece of infrastructure for large scale cloud-based services. In his session at 17th Cloud Expo, Mikey Cohen, Manager, Edge Gateway at Netflix, detailed the purpose, benefits and use cases for an edge gateway to provide security, traffic management and cloud cross region resiliency. He discussed how a gateway can be used to enhance continuous deployment and help testing of new service versions and get service insights and more. Philosophical and architectural ap...
The revocation of Safe Harbor has radically affected data sovereignty strategy in the cloud. In his session at 17th Cloud Expo, Jeff Miller, Product Management at Cavirin Systems, discussed how to assess these changes across your own cloud strategy, and how you can mitigate risks previously covered under the agreement.
Transformation Abstract Encryption and privacy in the cloud is a daunting yet essential task for both security practitioners and application developers, especially as applications continue moving to the cloud at an exponential rate. What are some best practices and processes for enterprises to follow that balance both security and ease of use requirements? What technologies are available to empower enterprises with code, data and key protection from cloud providers, system administrators, inside...
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
"Outscale was founded in 2010, is based in France, is a strategic partner to Dassault Systémes and has done quite a bit of work with divisions of Dassault," explained Jackie Funk, Digital Marketing exec at Outscale, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
They say multi-cloud is coming, but organizations are leveraging multiple clouds already. According to a study by 451 Research, only 21% of organizations were using a single cloud. If you've found yourself unprepared for the barrage of cloud services introduced in your organization, you will need to change your approach to engaging with the business and engaging with vendors. Look at technologies that are on the way and work with the internal players involved to have a plan in place when the ine...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.