Unprecedented Incentive for Utilities to Upgrade Grid Support Structures
CALGARY, April 14 /CNW/ - Resin Systems Inc. ("RS") (RS - TSX), a technology innovator and manufacturer of advanced composite products for infrastructure markets, announced today that its RStandard(TM) modular composite poles will now feature a 41-year warranty and a lifetime guarantee.
In the unlikely event that a utility customer discovers a manufacturing defect with an RStandard pole, the RS warranty will provide for a replacement pole at no additional charge if the defect is reported and verified within 41 years of the date of its delivery to the customer.
Under the new lifetime guarantee, RS will replace any pole that fails as a result of the physical loads imposed by ice, snow, wind, or lightning strikes.
"With a 41-year warranty against manufacturer defects and a lifetime guarantee against failure, we are providing the electric power delivery industry the new high-strength, long lasting grid support structures they have wanted for years and with virtually no risk," stated Paul Giannelia, president and chief executive officer of RS. "Since our poles are non-corrosive, relatively maintenance free, impervious to pests, lightweight, fire resistant, and environmentally benign, they provide utilities with the lowest cost of ownership. RStandard poles are the smart and sustainable choice for supporting the new smart grids."
About RS
RS is a technology innovator that develops advanced composite material products for infrastructure markets. The composite products manufactured using the Company's proprietary resins and processes are typically lighter, more durable and longer-lasting than competing products made from the traditional building blocks of wood, steel or concrete.
RS's flagship product is its award-winning RStandard(TM) composite pole. The pole is engineered to deliver the lowest cost of ownership, and is used as transmission and distribution poles to carry electric grids and as communication towers for various uses including wireless networks and microwave communications systems.
For the latest on RS's developments, go to the company's website at www.grouprsi.com.
"RStandard" is a trademark of RS.