Mr. William Crossland reports

THERMAL ENERGY RECEIVES $1.5 MILLION IN REPEAT BUSINESS FROM MULTINATIONAL BUILDING MATERIALS COMPANY

Thermal Energy International Inc. has received an order valued at approximately $1.5-million from a leading multinational building materials company. The turnkey project will include the installation of four HeatSponge two-stage boiler economizers proprietary to and developed by the company's wholly owned subsidiary, Boilerroom Equipment Inc. This order follows a $1-million turnkey project announced in July with the same customer, but at a different site.

"We're pleased to be expanding our work with this global manufacturer through a second turnkey heat recovery project," said William Crossland, chief executive officer of Thermal Energy International. "Like the first turnkey project we announced back in July, this opportunity arose from a project development agreement and reflects the customer's continued commitment to improving energy efficiency and reducing greenhouse gas emissions. This second project is a clear sign of their confidence in our technology and execution. We see exciting potential for additional opportunities with this customer, including at this location and the previous site, as well as numerous other North American and international manufacturing facilities."

The revenue from this order is expected to be earned within 12 months. The company expects the gross margin for the project to be in line with historical amounts for its turnkey projects. Thermal Energy's overall gross margins are available in its quarterly disclosure materials.

About Thermal Energy International Inc.

Thermal Energy International provides energy efficiency and emissions reduction solutions to Fortune 500 and other large multinational companies. The company saves its customers money by reducing their fuel use and cutting their carbon emissions. Thermal Energy's proprietary and proven solutions can recover up to 80 per cent of energy lost in typical boiler plant and steam system operations while delivering a high return on investment with a short, compelling payback.

Thermal Energy is a fully accredited professional engineering firm with engineering offices in Ottawa, Canada, Pittsburgh, United States, as well as Bristol, United Kingdom, with sales offices in Canada, U.K., U.S., Germany, Poland and Italy. By providing a unique mix of proprietary products together with process, energy and environmental engineering expertise, Thermal Energy can deliver unique, site-specific turnkey, and custom-engineered solutions with significant financial and environmental benefits for the company's customers.

Thermal Energy's common shares are traded on the TSX Venture Exchange under the symbol TMG and on the OTCQB under the symbol TMGEF.

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