March 1, 2004

Thermal Energy marks first sales contract in Atlantic Canada

OTTAWA, ONT-Thermal Energy International recently signed a sales contract for the first installation of its Hybrid Flu-Ace(r) energy efficiency and emission reduction technology in Atlantic Canada. The company will be working with Johnson Controls LP on the project, to be carried out at a large health care facility which currently uses both fuel oil and wood chips as fuel for its central heating systems. The Flu-Ace installation "is anticipated to provide a reduction in fuel oil consumption of approximately 45%, resulting in annual savings of over $180,000 and...a simple economic payback of less than five years for the customer," said Thermal Energy president and CEO Thomas Hinke. The technology will control greenhouse gas and particulate emissions to levels surpassing required standards, in addition to providing high-effiency waste energy recovery, says the company. The system "has been custom designed to enhance and fully integrate with existing central heating plant steam and hot water district heating and HVAC systems to provide building heating through new low-temperature hot water heating circuits," Hinke added. More information is available from Thomas Hinke at Thermal Energy International, 613/723-6776, E-mail thinke@thermalenergy.com, Web site www.thermalenergy.com.
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