Mr. William Crossland reports

THERMAL ENERGY INTEGRATING SOLAR THERMAL INTO HEAT RECOVERY SYSTEM FOR LEADING FORTUNE 500 FOOD & BEVERAGE CORPORATION

Thermal Energy International Inc. has been commissioned by a leading Fortune 500 food and beverage conglomerate to integrate a heat recovery process with a solar thermal water heating system.

The landmark project, with an order value of approximately $300,000, leverages Thermal Energy's expertise in low-temperature heating systems. The initiative will see an existing Flu-Ace heat recovery unit being used to support a solar thermal system already in operation at the site. It is an important step toward advancing the company in the sustainable energy space.

Upon deployment, solar-thermal-heated water will further heat the direct contact Flu-Ace condensing circuit in a process whereby waste heat and water are condensed and recovered from the boiler plant exhausts. It is estimated that the addition of the solar thermal technology will increase this measure's efficiency by over 15 per cent and reduce greenhouse gas emissions by an additional 374 tonnes CO2e (carbon dioxide equivalent) per year.

"We are pleased to announce the receipt of another significant order from this corporate account," said William Crossland, chief executive officer of Thermal Energy. "Our acknowledged success to date in recovering and utilizing low-grade waste heat at the business's facilities has led to our selection for this project.

"This is the latest in a series of projects conducted with this key client. While it is not the highest-value order the company has placed with us, it demonstrates our continued commitment to working together and their confidence in our ability to broaden our scope by including sustainable solar solutions."

The project is expected to be completed and revenue earned within six months.

About Thermal Energy International Inc.

Thermal Energy is an established global supplier of proprietary, proven energy efficiency and emissions reduction solutions to the industrial and institutional sectors. The company saves its customers money and improves their bottom line by reducing their fuel use and cutting their carbon emissions.

Thermal Energy is also a fully accredited professional engineering firm, and, by providing a unique mix of proprietary products together with process, energy and environmental engineering expertise, Thermal Energy is able to deliver unique turnkey projects with significant financial and environmental benefits for its customers.

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