Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSXV: TMG), a global provider of proprietary energy efficiency solutions to the industrial, commercial and institutional sectors, has received an order from a multi-site hospital group for a heat recovery extension project (the “Project”) valued at approximately $840 thousand. The Project includes designing, manufacturing, and installing a series of hot water extensions to connect all four boiler plants at one of the customer’s three hospitals to an existing heat recovery system previously installed by Thermal Energy. The Project is expected to be completed and revenue earned over the next six months.

“This Project is another great example of repeat business from a satisfied customer and of the flexibility afforded by our heat recovery technology,” said William Crossland, CEO of Thermal Energy. “This customer operates three hospitals and we have previously installed our heat recovery systems at all three, as well as converting two of them over to our GEM steam traps. For this Project we are connecting all four of the plant rooms at one of the hospitals to a heat recovery system we installed last year. The extension will help safeguard the hospital by providing redundancy, as this hospital will be able to run with just one plant room online instead of requiring all four, evidence of the significant efficiency improvements the hospital has made with Thermal Energy’s assistance.”

The Project is expected to reduce the hospital’s carbon emissions by approximately 836 tonnes per year and provide an estimated $211 thousand in additional annual savings, resulting in a payback period of under four years.

On an aggregate basis, Thermal Energy’s energy efficiency solutions are expected to reduce the hospital groups’ annual carbon emissions by approximately 3,270 tonnes while providing annual savings of approximately $870 thousand.

For more information, visit our website at www.thermalenergy.com and follow us on Twitter at http://twitter.com/GoThermalEnergy.