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Triad Pro Innovators Enters into a Sales MOU to Provide Frontier Power Products 200 Patent Pending Electrical Storage Cells
Triad Pro Innovators Enters into a Sales MOU to Provide Frontier Power Products 200 Patent Pending Electrical Storage Cells.
About this update from Triad Pro Innovators, Inc.
[{"type":"text","content":"TPII and Frontier Power Products to enter into long-term distribution contract on, or before, sale of 50th unit.LAS VEGAS, NV / ACCESSWIRE / June 29, 2022 / Triad Pro Innovators, Inc. (OTC PINK:TPII) (the "Company" or "TPII"), developer of the patent-pending Triad Pro electrical storage cells announces the signing, of an MOU. (the "agreement") with Frontier Power Products,.The agreement will see Frontier become the OEM and sales company for the first 50 portable lighting units and/or gen sets. In addition, the agreement binds TPII and Frontier to negotiate an ongoing distribution deal granting Frontier exclusive distribution rights in Canada. Frontier Engages to Pre-Pay TPII for 100 Triad Pro Energy Storage UnitsTo complete assembly of the initial 50 portable light towers/gen sets, Frontier has paid TPII for the delivery of the first 100 energy storage units. With four 1.38kW energy storage cells per light tower/gen set, the prepayment will cover the cost of the first 100 Triad energy cells to be utilized in the 1st 25 light towers/gen sets.Frontier Power Products Becomes a Key TPII PartnerTPII CEO Murray Goldenberg said, "We're thrilled to have Frontier on board as our OEM and, potentially, a future distributor. As a certified vendor to many major potential clients for the off road mobile light towers and gen sets, particularly in the Alberta oil sands, Frontier's partnership will prove to be invaluable. Furthermore, we are confident that their reputation for engineering excellence will ensure that the mobile light towers and gen sets will be of the highest possible standard."EEL Tower's Triad Pro energy cells Address Pain Points in a $3.5 Billion IndustryEstimated at $3.5 billion in 2020 and growing at a CAGR of 6.5% according to GMI, the portable lighting tower market is a significant global industry. The world wide potential for gen sets is estimated at $20 billion. The agreement with Frontier Power Products will see TPII's energy storage units address a substantial portion of that market."Our clients run high-stakes, 24/7 operations in some of the coldest and harshest conditions on the planet, so our number one priority is to deliver them a reliable product. We stake our reputation on it, and Triad's recent field tests have demonstrated that its electronic storage cell is more th...