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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 mart2on Aug 02, 2005 9:48am
104 Views
Post# 9347283

Looking forward for a great future...

Looking forward for a great future...I am very impressed by this NR. Not because of the size of this contract (the largest in the history of Thermal). But because of the strategic importance of this contract. It opens the doors to Thermal to a brand new market: the pulp and paper industry, which is a huge market (I am curious to see the numbers flying all around this brand new market in the coming days/weeks). This market and especially this company (due to its affiliation to the PAPTAC) has been targeted by Thermal. This is the first Tim’s contract and it’s first achievement to date and looks very promising for the future. Also, it all happened so fast, I am more than impressed. Above all my expectations. Mart
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