Thermal Energy Selected for Inclusion in the Richmond Club Index and Retains Streetwise Investor Club Inc.
(via Thenewswire.ca)
OTTAWA, ONTARIO, April 29, 2013 - Thermal Energy International Inc. (TSXV:TMI), today announced that it has been selected by Streetwise Investors Club Inc to be included in the Richmond Club Index and it has retained the services of Streetwise Investors Club Inc to help gain exposure to potential investors and increase communication with its existing shareholders.
Streetwise Investors Club Inc. operates the Richmond Club and Richmond Club Index in order to showcase high growth companies to its approximate 10,000 broker, fund manager and analyst members through its website and at monthly investor luncheon meetings. Streetwise Investor Club Inc. selects companies to be included in the Richmond Club Index based on their value and growth potential over 18 months and have achieved a 16.9% compound annual return since the Richmond Club Index inception in 2005. Companies in the Richmond Index are invited to make a live lunch presentation to the 25 - 35 Richmond Club members every six months, three times over the eighteen month term. A video of each presentation is posted on the Richmond Club website (http://www.richmondclub.com) and a link to the video is emailed to all 10,000 Richmond Club members. Streetwise Investors Club has also been able to negotiate a bulk/wholesale rate with one of the TSX Venture approved press release companies which allows each company in the Richmond Index to issue unlimited press releases per month. Thermal Energy will pay The Streetwise Investors Club a monthly fee of $1,450 for a period of 18 months for its services. The press release service is included in the cost of the program.
The retention of Streetwise Investors Club Inc. is subject to TSX Venture Exchange approval.
About Thermal Energy
Thermal Energy International Inc. is an innovative cleantech company providing a variety of proprietary and proven energy efficiency, emission reduction, water efficiency, and bioenergy products and solutions to the industrial, commercial and institutional markets worldwide. Thermal Energy is also a fully accredited professional engineering firm, and can offer advanced process and applications engineering services. By providing a unique mix of proprietary products together with process, energy, environmental, and financial expertise Thermal Energy is able to deliver significant financial and environmental benefits to its customers.
Thermal Energy's products include; GEM(R) - Steam traps and condensate return systems, FLU-ACE(R) - Direct contact condensing heat recovery, and Dry RexTM - Low temperature biomass drying systems. These award winning products are effective in a wide variety of industries and application and have an excellent track record of longevity, proven reliability and performance providing significant energy savings, reduced GHG emissions, improved water efficiency, lower maintenance costs, improved product quality and increased production efficiency.
Thermal Energy International Inc. has offices in Ottawa, Canada as well as Bristol, UK, United States, Italy and China. To find out more about Thermal Energy International Inc. (TSX-V: TMG), visit our website at http://www.thermalenergy.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
William Crossland
President and CEO
Thermal Energy International Inc.
613-723-6776
bill.crossland@thermalenergy.com
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