OTTAWA, Aug. 7 /CNW Telbec/ - Thermal Energy International Inc,
(TSX-V:TMG) (www.thermalenergy.com) announced today that Tim Angus has
resigned as President and CEO and from the Thermal Energy board of directors
for personal reasons. William Crossland, a Thermal Energy board member, has
been appointed as President and CEO to fill the vacancy left by Mr. Angus'
resignation. Mr. Angus has committed to work with Mr. Crossland to ensure an
orderly transition and will also continue to assist the company with a number
of key sales initiatives and strategic priorities going forward.
Mr. Crossland has over 20 years experience with a wide variety of
renewable energy, alternative energy and cleantech companies and has been an
active member of the Board of Directors of Thermal Energy since May 2007.
Commenting on the appointment Mr. Crossland said "I am very pleased to be
increasing my involvement with Thermal Energy at this stage in its
The Board of Thermal Energy would like to take this opportunity to thank
Mr. Angus for the meaningful contribution he has made to Thermal Energy over
the last 5 years. Under Mr. Angus' leadership Thermal Energy has added
significantly to its product offerings and capabilities, customer base and
geographic scope providing the company a strong base from which to grow.
About Thermal Energy
Thermal Energy International Inc. is an innovative technology company
providing custom energy and emission reduction, and bioenergy solutions.
Headquartered in Ottawa, Canada, TEI is a designer, design build developer,
fabricator, owner, operator and supplier of proprietary and patented energy
conservation, renewable energy and environmental technology solutions. Thermal
Energy is a fully accredited professional engineering firm, and offers
advanced process and applications engineering services. The Company is a proud
member of the Chicago Climate Exchange (CCX). FLU-ACE(TM), DRY-REX(TM),
THERMALONOx(TM), THERMAL AUD(TM) and GEM(R) are trademarks of Thermal Energy
To find out more about Thermal Energy International Inc. (TSX-V: TMG),
visit our website at http://www.thermalenergy.com.
NEITHER THE 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.
For further information:
For further information: William Crossland, Thermal Energy International
Inc., (613) 723-6776, firstname.lastname@example.org