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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Post by AcerbikWiton Apr 02, 2008 8:59am
61 Views
Post# 14929473

Misleading to say TMG is in partnership

Misleading to say TMG is in partnership
With Honeywell:

An alliance is an agreement between two or more parties, made in order to advance common goals and to secure common interests.

A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business undertaking in which all have invested.

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The "Asia Energy EfficiencyAlliance" (AEEA) - a consortium led by Honeywell Building Solutions(HBS) and Asia Clean Capital Limited - will offer an innovative EnergySaving Solutions (ESS) program which combines the engineering andproject implementation excellence of Honeywell with project fundingexpertise of Asia Clean Capital. Alliance members Solar Turbines Inc.(a Caterpillar Company) and Thermal Energy International Inc. are alsoimportant contributors and will provide their leading equipmentsolutions to the program.

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Let's keep the facts straight.
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