Ther­mal re­ceives $1.32M or­der from ex­ist­ing cus­tomer

Stockwatch Daily - - INDUSTRIALS & MATERIALS - Mr. Wil­liam Cross­land re­ports

THER­MAL EN­ERGY In­ter­na­tional Inc. has re­ceived a $1.32-mil­lion heat re­cov­ery or­der from an ex­ist­ing hospi­tal cus­tomer. The or­der is ex­pected to be com­pleted and rev­enue earned over the next six months.

“In­creas­ing en­ergy ef­fi­ciency, re­duc­ing green­house gas emis­sions and sav­ing costs are of in­creas­ing im­por­tance to hospi­tals around the world, and our so­lu­tions help them ac­com­plish all three,” said Wil­liam Cross­land, chief ex­ec­u­tive of­fi­cer of Ther­mal En­ergy. “Fifteen per cent to 20 per cent of the en­ergy used in a typ­i­cal hospi­tal boiler plant is lost as ex­haust gas ex­it­ing the boiler stack. Our heat re­cov­ery sys­tem will re­cover waste heat from four steam boil­ers at this hospi­tal and is ex­pected to re­sult in an­nual sav­ings of ap­prox­i­mately $338,000 while re­duc­ing green­house gas emis­sions an­nu­ally by 1,738 tonnes. This cus­tomer al­ready ben­e­fits from the en­ergy sav­ings and emis­sion re­duc­tions af­forded by our en­ergy ef­fi­ciency so­lu­tions. In ad­di­tion to hav­ing in­stalled GEM steam traps at this par­tic­u­lar hospi­tal a few years ago, we have pre­vi­ously sold GEM traps to an­other hospi­tal and a heat re­cov­ery sys­tem to a third hospi­tal in this hospi­tal group.”

In­clud­ing this project and pre­vi­ous or­ders and prod­ucts in­stalled to date, do­ing busi­ness with Ther­mal En­ergy In­ter­na­tional is ex­pected to pro­vide this group of hospi­tals with ap­prox­i­mately $950,000 in an­nual sav­ings while re­duc­ing its car­bon emis­sions by more than 3,900 tonnes per year.

About Ther­mal En­ergy In­ter­na­tional Inc.

Ther­mal En­ergy In­ter­na­tional 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 im­prove 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.

We seek Safe Har­bor.

Wil­liam M Cross­land, John Brown­rigg Kelly, Wil­liam W Oller­head, Jack Theodorus Schoen­mak­ers, David An­drew Spag­nolo, Wil­liam Bax­ter White, Michael Wil­liams

(TMG) Shares: 159,060,615

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