March 15, 2002

Riello and Eclipse form Strategic Alliance

MISSISSAUGA, ON – Riello S.p.A. (Legnago, Italy), represented by Riello Burners North America (Mississauga, Ontario, Canada), and Eclipse, Inc. (Rockford, Illinois, U.S.A.) have formed a strategic alliance to better serve the North American market.

Eclipse and Riello have until now operated in substantially distinct market segments.

A manufacturer of world-class oil and gas burners for more than 80 years, Riello has recently completed its first of many new product launches into the North American residential and commercial heating markets. Riello currently has the highest annual production of burners in the world.

In business for over 90 years, Eclipse is a manufacturer of gas, oil and oxy-fuel burners and has distinguished itself globally as a leader in the design, installation and service of industrial combustion systems.

The strategic agreement between the two companies includes extensive plans for co-marketing their technologies, including mutual distribution, co-branding and new product development, in addition to coast-to-coast pre- and post-sale service and support. The result is the most extensive line of combustion systems available from any single source in North America.

The Riello/Eclipse alliance is the first between a European and North American burner manufacturer. The alliance partners’ vision is to become North America’s preeminent burner source for residential, commercial and industrial customers, providing high-efficiency, low-maintenance combustion solutions that deliver maximum uptime across the widest range of applications, while caring for people and the environment.

For additional information, contact:

Marie Rose Pignanelli, Marketing Director
Riello Burners North America
2165 Meadowpine Blvd.
Mississauga, ONTARIO L5N 6H6
Toll Free 800-474-3556 ext. 229
Email mpignanelli@rbna.com

Chet Allen, Manager of Marketing Communications
Eclipse Inc.
1665 Elmwood Road
Rockford, ILLINOIS 61103
Telephone 815-877-3031
Email callen@eclipsenet.com

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