| Takagi Tankless Water Heaters by Low Energy Systems |

ABOUT US - PART I
Low Energy Systems was founded in 1977 in Camden, Maine. At that time we were faced with an OIL EMBARGO. We were facing a cold Maine winter and people were afraid of being without heating oil. A window of opportunity opened that allowed a new business to start up. Our philosophical underpinning was APPROPRIATE TECHNOLOGY. In Maine we had huge forests of hardwoods that would benefit from some thinning. Backyard welders followed plans from The Mother Earth News and built hydraulic log splitters and wood stoves. Neighbors helped each other cut and stack wood in huge creative piles. There were chain saw accidents and chimney fires and smog but we sent a message that made the front covers of many news magazines. We will survive without the oil! Now Low Energy Systems is in Denver, Colorado where the burning of wood is mostly banned and the company sells efficient gas appliances. We have pioneered the use of tankless gas water heaters as the sensible alternative to tank type water heaters. We reasoned that people would not leave their automobile running all night so that they could drive to work in the morning but they were doing that exact same wasteful thing with their water heaters. An opportunity exists. *continued on page 2*
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