Thermal Energy International to Present at Clean/Renewable Energy Virtual Investor Conference February 22nd
February 20 2024 - 4:03PM
Thermal Energy International Inc. (“Thermal
Energy” or the “Company”) (TSX-V: TMG, OTCQB: TMGEF), a provider of
innovative energy efficiency and carbon emission reduction
solutions to major corporations around the world, today announced
that William Crossland, President and CEO, will present at the
Clean/Renewable Energy Virtual Investor Conference, hosted by
VirtualInvestorConferences.com, on February 22.
DATE: February 22nd,
2024TIME: 10:00 AM
ETLINK: bit.ly/42r130S
The CEO, William Crossland, will also be available
for 1x1 meetings.
This will be a live, interactive online event where
investors are invited to ask the Company questions in real-time. If
attendees are not able to join the event live on the day of the
conference, an archived webcast will also be made available after
the event.
It is recommended that investors pre-register and
run the online system check to expedite participation and receive
event updates.
Learn more about the event at
www.virtualinvestorconferences.com.
Recent Company Highlights:
- Reported 71% revenue growth and
strong improvements in profitability in fiscal 2024 second quarter
ended November 30, 2023;
- Trailing four quarters revenue,
gross profit, and net income were highest on record;
- Fiscal 2024 year-to-date order
intake and order backlogi each exceeds fiscal 2023 full-year
revenue of $21.1 million.
Investment Highlights:
- Energy efficiency is the fastest, cheapest, and easiest way to
reduce carbon emissions
- Unique and proprietary solutions provide high ROI with short,
compelling payback
- Significant repeat business from Fortune 500 and other large
multinational customers
- Proven and profitable track record of growth
- Plan to continue growing organically and through accretive
acquisitions
About Thermal EnergyThermal Energy
International Inc. provides energy efficiency and emissions
reduction solutions to Fortune 500 and other large multinational
companies. We save our customers money by reducing their fuel use
and cutting their carbon emissions. Thermal Energy’s proprietary
and proven solutions can recover up to 80% 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, USA, as well as Bristol, UK, with sales offices in
Canada, UK, USA, 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 our
customers.
Thermal Energy’s common shares are traded on the
TSX Venture Exchange (TSX-V) under the symbol TMG and on the OTCQB
under the symbol TMGEF. For more information, visit the Company’s
investor website at https://investors-thermalenergy.com or company
website at www.thermalenergy.com.
About Virtual Investor
Conferences®Virtual Investor Conferences (VIC) is the
leading proprietary investor conference series that provides an
interactive forum for publicly traded companies to seamlessly
present directly to investors.
Providing a real-time investor engagement solution,
VIC is specifically designed to offer companies more efficient
investor access. Replicating the components of an on-site investor
conference, VIC offers companies enhanced capabilities to connect
with investors, schedule targeted one-on-one meetings and enhance
their presentations with dynamic video content. Accelerating the
next level of investor engagement, Virtual Investor Conferences
delivers leading investor communications to a global network of
retail and institutional investors.
CONTACTS:Thermal Energy
InternationalWilliam CrosslandPresident and CEO(613)
723-6776Investors@thermalenergy.com
Virtual Investor Conferences John
M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group
(212) 220-2221johnv@otcmarkets.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.
i Order backlog represents any purchase orders that
have been received by the Company but have not yet been reflected
as revenue in the Company’s published financial statements.
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