Envirotech Systems' ESI 2000 ``Tankless'' Water Heater Could Save Residential Customers Over $25 Billion on Wasted Energy

SCOTTSDALE, Ariz.--()--Nov. 18, 2003--

  New Award-Winning Water Heater Delivers Endless Supply of Hot Water for Showers, Cleaning and Cooking  

Envirotech Systems Worldwide, Inc. (OTCBB:TSYW), a global provider of water heaters for residential and commercial properties, announced volume shipments of its new award-winning "tankless" water heater, the ESI 2000. Unlike a conventional water heater, which continuously heats water and stores it in a tank until needed, the ESI 2000 tankless water heater only heats water upon demand, which significantly reduces the amount of energy spent heating water during off peak times of the day or when buildings or facilities are unoccupied. "The ESI 2000 is the only tankless water heater that uses sophisticated microprocessor and flow sensing technology to make sure endless hot water is available within seconds, regardless of how many water sources are turned on simultaneously," said Gary Gordon, CEO, Envirotech Systems Worldwide. "It is a unique water heating system that is user friendly and that saves customers money through reduced water consumption and lower energy bills." In today's environment, saving natural resources and buying appliances that significantly reduce energy costs have become extremely important issues for homeowners, builders, industrial architects and landlords.

A conventional water heater wastes a tremendous amount of energy heating water that is never used. A U.S. Department of Energy Study of Tank Water Heaters found that the water heating process consumes 20% or more of an average household's annual energy expenditure, which is approximately $450 per year for homes with an electric water heater.

Another industry study shows that a conventional water heater loses 18% of the energy used to heat water when the warmth is lost or radiated through sidewalls or top of the water tank. Another 32% of the heat is lost as water travels through pipes to sinks, showers, washing machines, etc. This amounts to 50% of the total heat loss, which is approximately $225 per household annually. The loss can be even greater in businesses and commercial uses where buildings or rental properties may remain vacant for long periods of time.

In cities with more than 250,000 homes, energy costs that could be saved using tankless water heaters are estimated to be over $56 million per year, just for one city. On a national level, over $25 billion is spent to heat water that is never used.

About Tankless Water Heaters

ESI 2000 water heaters can supply homes, cabins, apartments, commercial buildings and other types of structures with an unlimited supply of hot water. Unlike legacy water heaters, which are based on a design invented in the 1800s, the ESI 2000 has developed state-of-the-art electronics to replace the old-fashioned water tank with a new "tankless" water heating system. The new design actually heats water on an as-needed basis.

Removing the tank saves the cost of continuously heating the water stored in tanks and removes many potential dangers such as fires or water tank ruptures that plague older water heater models. The design also extends the product's life cycle from 8-9 years to over 30 years.

The unit is managed by a control panel that allows users to set the exact temperature of the water they want to receive, which can be as high as 180 degrees Fahrenheit.

Based on the control panel's settings, the ESI 2000's advanced sensors read the water's flow rate six to eight times per second and will automatically adjust the power as necessary. The ESI 2000's sensors heat the water to the exact temperature desired by the customer. This means that when the customer turns on their hot water it will be delivered at the exact temperature preset using the control panel. No cold water is needed to balance out the temperature. This feature is very useful for families with small children or elderly members that might accidentally be burned by scalding hot tap water from tank water heaters.

The ESI 2000 takes up very little space, measuring 16" x 13.5" x 3.5". The unit can be flush mounted between 16" centered studs, which means the unit can be mounted inside a wall or cabinet anywhere in a house or commercial structure. A picture of the unit can be downloaded from: http://www.tankless.com/gfx/home/heater.jpg. You can also watch a typical installation of the unit by clicking on this link: http://www.tankless.com/videolinks.html.

The units can be utilized several different ways. The ESI 2000 can easily replace a regular water heater for any size home or business. The unit can also serve as an alternative to a central boiler that serves multiple bathroom environments such as a hotel or hospital. If more hot water is needed in a particular part of a building, the ESI 2000 can be used to create a supplementary hot water source. Supplementary uses are common in places like restaurant kitchens or public bathroom facilities. The units run on 40, 60, 80, 100 and 120 amp electrical circuits. ESI 2000 complies with the recent, more stringent Underwriters Laboratory Inc. (UL) standards.

Pricing and Availability

ESI 2000 models are available for a variety of applications, including single- and multi-family residences, cabins, rental properties, trailers, restaurants, hotels, motels, office buildings, hospitals, nursing homes, etc. ESI 2000 units can be purchased directly from the manufacturer, from local distributors or through Lowe's Home Improvement Centers nationwide. Volume discounts for builders, building architects, facility managers, distributors and/or value added resellers are available directly from Envirotech. For a quote, please contact Envirotech at 800-251-6612.

About Envirotech

Envirotech Systems Worldwide, Inc., is a global provider of tankless water heating systems for residential, commercial and industrial properties. Envirotech's award-winning product line, the ESI 2000, significantly reduces energy and water consumption. The ESI 2000 was recently voted one of the Top 10 Products of 2002 by Qualified Remodelers Magazine and one of the Top 5 Products by The Total Facility Management Trade Show. More information, product installation video clips and a free white paper on ESI Tankless Water Heating Systems can be downloaded from the company's website at http://www.tankless.com.

This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995 and similar expressions that reflect Envirotech's current expectations about its future performance, and are subject to risks, uncertainties and other factors that could cause Envirotech's actual performance to differ materially from those expressed in, or implied by, these forward-looking statements.

Contacts

Envirotech Systems Worldwide
Gary Gordon, 800-251-6612
envirotech@tankless.com
http://www.tankless.com
or
Financial Relations, Inc.
Pablo Oliva, 626-961-8041
info@financialrelationsinc.com
http://www.financialrelationsinc.com

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Contacts

Envirotech Systems Worldwide
Gary Gordon, 800-251-6612
envirotech@tankless.com
http://www.tankless.com
or
Financial Relations, Inc.
Pablo Oliva, 626-961-8041
info@financialrelationsinc.com
http://www.financialrelationsinc.com