As of June 30, 2007 - 24,704,992 Common Shares Outstanding
SKYE International Inc.
7650 E Evans Road
Scottsdale, AZ 85260
United States - Map
Web Site: http://www.tankless.com
Skye International, Inc. engages in the design, development, manufacture, and marketing of consumer appliances and products. It offers various models of electronic and tankless water heaters under FORTIS and Paradigm names. Skye International sells its products primarily through manufacturer’s representatives and wholesale distributors, as well as through Internet in the United States and Canada. The company was founded in 1998. It was formerly known as Tankless Systems Worldwide, Inc. and changed its name to Skye International, Inc. in 2005. Skye International is based in Scottsdale, Arizona.
Benefits of Tankless Water Heaters
-Savings on energy by only heating the water when you use it instead of 24 hours a day like a standard tank heater.
-Savings on space in your home or garage from its small efficient size
-Savings on replacements as the typical life span is 25 years instead of 7-10 years like a standard tank heater.
-Environmental savings with its efficient operation and elimination of noxious emissions from gas and oil heating.
-Health benefits due to reduced bacterial contact from sedimentation buildup.
In February 2006, Skye entered into a nonexclusive manufacturing agreement with Jabil Circuit, Inc. (NYSE:JBL) for the production of FORTIS™ tankless water heaters. Jabil, one of the world's largest international contract product manufacturers, is contracted to build Skye's initial FORTIS™ units at its Tempe, Arizona, facility.