WaterFurnace Renewable Energy designs, develops, manufactures and distributes geothermal water source heating, cooling, hot water and control systems for residential, commercial and institutional buildings. Co.'s Australian subsidiary company, Hyper Engineering Pty. Ltd. designs, develops and builds devices that limit the inrush current that electric motors draw upon start up. Co.'s subsdiary, Hyper Technology and Trading Company, Ltd. is engaged in the international distribution and sourcing outside the U.S. and Canada.