August 10, 2006

On Tuesday, SKYE International Inc., the parent corporation of Ion Tankless Inc., announced that its subsidiary obtained its second patent on its tankless water heater technology. U.S. Patent No. 7,088,915, entitled “Modular Tankless Water Heater,” issued on Tuesday and includes seven method claims of heating water comprising steps utilizing a tankless water heater. On May 16, 2006, ION Tankless obtained U.S. Patent No. 7,046,922, claiming several embodiments of the tankless water heater itself. The first method claim in the second patent claims a method of heating water comprising the steps of providing a tankless water heater module, injecting water into the flow path of the water heater, sensing the rate of water flow and the temperature of the water entering and exiting the flow path, and applying power to the water heater depending on the flow rate and temperature parameters. The tankless water heater itself comprises (in part) a module with a plurality of conduits, a heating element extending through a manifold coupled to the casing of the module defining a specific water flow path. According to the patent, this invention addresses inefficiencies of traditional water heaters (whereby a set volume of water is kept at a minimum hot temperature) and the potential wasting of water while a user waits for hot water at the tap (given that the tankless water heater may be positioned at or near a tap while a traditional water heater is usually found in one or two locations within a residence).

U.S. Patent No. 7,088,915: LINK
U.S. Patent No. 7,046,922 LINK
Business Wire News Article: LINK
SKYE International Inc. Website: LINK


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