Business
Thermal Energy International's CEO Provides Business Update
CEO issues letter to shareholders highlighting the Company's progress and investments in future g...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"\nThermal Energy International's CEO Provides Business UpdateCEO issues letter to shareholders highlighting the Company's progress and investments in future growthOttawa, Ontario--(Newsfile Corp. - July 23, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) (\"Thermal Energy\" or the \"Company\"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced that its Chief Executive Officer, William Crossland, has published a letter to shareholders, which has been made available on the investors section of the Company's website at https://investors-thermalenergy.com/news/ceo-business-update-summer-2024. In the letter, William Crossland provides his commentary on Thermal Energy's progress in fiscal 2024, investments made for the Company's continued growth, and the Company's outlook for fiscal 2025, including the importance of beginning the year with the highest order backlog at the start of any fiscal year in the Company's history. Readers are encouraged to subscribe to TEI News to receive strategic news and updates directly to their inbox.ENDS For media enquiries contact:Thermal Energy International Inc.Canada: 613-723-6776UK: +44 (0)117 917 [email protected] investor enquiries:William CrosslandPresident and CEOThermal Energy International [email protected] to editorsAbout Thermal Energy International Inc.Thermal 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 ...