In the News

Eemax Announces New President & CEO

Former GE Executive to Lead Connecticut-Based Manufacturer

July 11, 2009 – Oxford, CT -- Eemax, Inc., the market leader in commercial and residential electric tankless heaters, has appointed Kevin M. Ruppelt as President and CEO.

Ruppelt replaces Dave Corrado, who will stay with Eemax as an outside director.

During his 26-year executive career with General Electric, Ruppelt last served as GM for Water and Energy Management within GE’s Consumer and Industrial business. His other positions at GE included engineering, quality control, production planning, warranty management, international distribution, call center administration, sales & inventory planning, interactive marketing, eBusiness, and product management.

In his prior role, Ruppelt was instrumental in the achievement of operational improvements and the development of significant new water and water heating products.

“Kevin’s leadership and vision for progressive solutions in water and energy management will play an integral role in leading Eemax’s emergence from a commercially known brand to one that will resonate with consumers,” said Jeff Tobin, Operating Partner of the Riverside Company, the global private equity firm that acquired Eemax in 2008.

Ruppelt received a bachelor’s degree in Mechanical Engineering from the University of Detroit and a master’s degree in Engineering Management from the University of Louisville.

“I am excited to join Eemax at a time when the world is more focused in providing efficient and environmentally friendly solutions,” said Ruppelt. “Eemax’s impressive history, experienced leadership team, loyal customers and proven product line make this a tremendous opportunity.”

ABOUT EEMAX, INC.: Eemax, Inc., established in 1988, has quickly emerged as the market leader in electric tankless heaters in the commercial and residential market. Based in Oxford, CT, Eemax manufactures the largest selection of tankless electric water heaters for use in industrial, residential and commercial applications. Tankless electric water heaters provide on-demand hot water without the need to continually store and heat it. Eemax’s expanding product line addresses higher flow rate applications including the new Eemax line of Series Two and Series Three heaters, a wide range of hot water commercial applications, and its patented Series Six and Series Twelve family of high-capacity heaters, which are designed for commercial and industrial applications. Other Eemax models within this product category are specifically designed for point-of-use emergency safety equipment applications, including safety eye, face and shower systems. For more information, visit www.eemaxinc.com.

For more information contact: Lynn Luczkowski, L2 Communications Lynn@L2comm.biz (860)313-1426 or Aaron Siegel at Eemax Inc. asiegel@eemaxinc.com (800) 543-6163 or email: info@eemaxinc.com