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Riello Group Expands Thermital™ Offering

Completes integration of Fontecal and Thermital

Riello Group announced today its Fontecal brand will become part of Thermital, also a part of Riello Group. The integration combines the expertise, innovation and distribution networks of both brands to introduce a comprehensive offering of advanced integrated thermal systems with renewable energy capability for residential and commercial customers. Riello Group, a leader in products and services for heating, air conditioning and energy efficiency, is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX).

"Combining the strengths of the two brands creates a strong, complete and innovation-focused offering for our customers,” Umberto Ferretti, CEO of Riello Group, explains. “Thanks to the continuous commitment to research and development, which has always characterized both groups, the enhanced Thermital brand will represent the core values of each: a high level of technology, efficiency and sustainability for comfort applications."

Thermital has long been one of the best choices for energy savings in the heating and production of domestic hot water. With stainless steel floor-standing condensing boilers, condensing modular generators, solar heating systems, vitrified cylinders and heat pump solutions, it offers advanced solutions for both residential and commercial applications. Supporting services include a team of professionals for pre- and post-sales activities and a now-extended distribution network of more than 50 sales agencies and over 300 service centers across Italy.

Founded in Montello in 1975, Thermital was acquired by the Riello Group in 1993, becoming a center of excellence for the development of condensing technology as well as new technologies related to renewable energy.

Fontecal, based in Villanova di Cepagatti, joined the group in 2008, focusing on the great potential of the energy savings segment as well as the condensation segment, due to the development of advanced technology platforms and worldwide patented heat exchangers.

Learn more about Riello at www.riellogroup.com.

About Riello Group
Founded in 1922, Riello Group is a leader in products and services for heating, air-conditioning and energy efficiency. Headquartered in Legnago (Verona), Italy, Riello operates in over 120 countries. Riello is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.riello.com.