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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 Kanuckon Oct 01, 2001 7:16pm
1163 Views
Post# 4248296

News Release

News ReleaseTHERMALONOx(tm) Patented Technology Not Yet Applied And Demonstrated At Aep's Conesville Site 18:24 GMT-04:00 Monday, October 01, 2001 Thermal Energy International Inc., and Astaris LLC (www.astaris.com) today provided clarification of the AEP news release dated Friday, September 28, 2001 on the halted THERMALONOx(tm) demonstration at American Electric Power's Conesville power plant. Thermal Energy and Astaris both agree that the test at AEP's Conesville site did not demonstrate the THERMALONOx(tm) technology as patented. Tom Hinke, President of Thermal Energy says, |||||||We are moving forward to develop and establish pilot projects which will apply and demonstrate the efficacy and commercial viability of our patented technologies.||||||| John Frazier, Director of Phosphorus and Derivative Products for Astaris, North America's largest Phosphorus supplier commented, |||||||Astaris will continue to support Thermal Energy's efforts to demonstrate the THERMALONOx(tm) patented technology.||||||| As previously announced, Thermal Energy (CDNX: TMG - news) has already commenced the Phase I OPTINOx(tm) and THERMALONOx(tm) experimentation, optimization and product development program on a pilot scale, in order to prove the commercial viability of the technology. Astaris will continue to assist in the pilot testing of this technology. © 2001 BCE Emergis E-News Services Inc.
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