Thermal Energy International's CEO Provides Business Update
Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF), a provider of innovative energy efficiency and carbon emission reduction solutions, announced that CEO William Crossland has published a letter to shareholders. The letter, available on the company's website, offers insights into:
1. Thermal Energy's progress in fiscal 2024
2. Investments made for continued growth
3. Outlook for fiscal 2025
4. Significance of starting the year with the highest order backlog in company history
Shareholders and interested parties are encouraged to subscribe to TEI News for direct updates. This communication aims to provide transparency and keep stakeholders informed about the company's strategic direction and performance.
Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF), un fornitore di soluzioni innovative per l'efficienza energetica e la riduzione delle emissioni di carbonio, ha annunciato che il CEO William Crossland ha pubblicato una lettera agli azionisti. La lettera, disponibile sul sito web dell'azienda, offre spunti su:
1. I progressi di Thermal Energy nel 2024
2. Investimenti effettuati per una crescita continua
3. Prospettive per il 2025
4. Importanza di iniziare l'anno con il massimo arretrato di ordini nella storia dell'azienda
Si invita azionisti e parti interessate ad iscriversi a TEI News per aggiornamenti diretti. Questa comunicazione mira a fornire trasparenza e a mantenere informati i soggetti interessati sulla direzione strategica e sulle performance dell'azienda.
Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF), un proveedor de soluciones innovadoras para la eficiencia energética y la reducción de emisiones de carbono, anunció que el CEO William Crossland ha publicado una carta a los accionistas. La carta, disponible en el sitio web de la empresa, ofrece información sobre:
1. El progreso de Thermal Energy en el ejercicio fiscal 2024
2. Inversiones realizadas para un crecimiento continuo
3. Perspectivas para el ejercicio fiscal 2025
4. Importancia de comenzar el año con el mayor respaldo de pedidos en la historia de la empresa
Se invita a los accionistas y partes interesadas a suscribirse a TEI News para recibir actualizaciones directas. Esta comunicación tiene como objetivo proporcionar transparencia y mantener informados a los interesados sobre la dirección estratégica y el desempeño de la empresa.
Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF), 혁신적인 에너지 효율 및 탄소 배출 감소 솔루션을 제공하는 회사가 CEO 윌리엄 크로스랜드가 주주들에게 보낸 편지를 발표했다고 발표했습니다. 회사 웹사이트에서 확인할 수 있는 이 편지에서는 다음에 대한 통찰력을 제공합니다:
1. 2024 회계연도에서 Thermal Energy의 진행 상황
2. 지속적인 성장을 위한 투자
3. 2025 회계연도 전망
4. 회사의 역사상 가장 높은 주문 잔고로 연도를 시작하는 것의 중요성
주주 및 관심 있는 모든 분들은 TEI 뉴스에 구독하여 직접 업데이트를 받도록 권장됩니다. 이 커뮤니케이션은 투명성을 제공하고 이해 관계자들이 회사의 전략적 방향과 성과에 대한 정보를 유지하도록 하는 것을 목표로 합니다.
Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF), un fournisseur de solutions innovantes pour l'efficacité énergétique et la réduction des émissions de carbone, a annoncé que le PDG William Crossland a publié une lettre aux actionnaires. La lettre, disponible sur le site web de l'entreprise, offre des aperçus sur :
1. Les progrès de Thermal Energy au cours de l'exercice fiscal 2024
2. Les investissements réalisés pour une croissance continue
3. Les perspectives pour l'exercice fiscal 2025
4. La signification de commencer l'année avec le plus grand carnet de commandes de l'histoire de l'entreprise
Les actionnaires et les parties intéressées sont encouragés à s'abonner à TEI News pour recevoir des mises à jour directes. Cette communication vise à fournir de la transparence et à garder les parties prenantes informées sur la direction stratégique et la performance de l'entreprise.
Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF), ein Anbieter von innovativen Lösungen zur Verbesserung der Energieeffizienz und zur Reduzierung von Kohlenstoffemissionen, hat angekündigt, dass CEO William Crossland einen Brief an die Aktionäre veröffentlicht hat. Der Brief, der auf der Website des Unternehmens verfügbar ist, bietet Einblicke in:
1. Die Fortschritte von Thermal Energy im Geschäftsjahr 2024
2. Investitionen zur fortgesetzten Expansion
3. Ausblick für das Geschäftsjahr 2025
4. Die Bedeutung, das Jahr mit dem höchsten Auftragsbestand in der Unternehmensgeschichte zu beginnen
Aktionäre und interessierte Parteien werden ermutigt, sich für TEI News anzumelden, um direkte Updates zu erhalten. Diese Kommunikation soll Transparenz schaffen und die Stakeholder über die strategische Ausrichtung und die Leistung des Unternehmens informieren.
- Highest order backlog at the start of any fiscal year in company history
- Investments made for continued growth
- None.
CEO issues letter to shareholders highlighting the Company's progress and investments in future growth
Ottawa, 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: 613-723-6776
UK: +44 (0)117 917 2179
Marketing@thermalenergy.com
For investor enquiries:
William Crossland
President and CEO
Thermal Energy International Inc.
613-723-6776
Investors@thermalenergy.com
Notes to editors
About 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
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 our investor website at https://investors-thermalenergy.com or company website at www.thermalenergy.com and follow us on Twitter at https://twitter.com/GoThermalEnergy.
Forward-Looking Statements
This press release and the update which is linked to above contain forward-looking statements relating to, and amongst other things, based on management's expectations, estimates and projections, the anticipated effectiveness of the Company's products and services, the timing of revenues to be received by the Company, the expectation that orders in backlog will become revenue, the anticipated benefits of the Company's current efforts at training and business improvement efforts, opportunities for growth, the Company's belief that it can capitalize on opportunities, the size of markets and opportunities open to the Company and expectations as to the outcomes of various initiatives undertaken by the Company. Information as to the amount of heat recovered, energy savings and payback period associated with Thermal Energy International's products are based on the Company's own testing and average customer results to date. Statements relating to the expected installation and revenue recognition for projects, statements about the anticipated effectiveness and lifespan of the Company's products, statements about the expected environmental effects and cost savings associated with the Company's products and statements about the Company's ability to cross-sell its products and sell to more sites are forward looking statements. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, some of which are outside of the Company's control, could cause events and results to differ materially from those stated. Fulfilment of orders, installation of product and activation of product could all be delayed for a number of reasons, some of which are outside of the Company's control, which would result in anticipated revenues from such projects being delayed or in the most serious cases eliminated. Actions taken by the Company's customers and factors inherent in the customer's facilities but not anticipated by the Company can have a negative impact on the expected effectiveness and lifespan of the Company's products and on the expected environmental effects and cost savings expected from the Company's products. Any customer's willingness to purchase additional products from the Company and whether orders in the Company's backlog as described above will turn into revenue is dependent on many factors, some of which are outside of the Company's control, including but not limited to the customer's perceived needs and the continuing financial viability of the customer. The Company disclaims any obligation to publicly update or revise any such statements except as required by law. Readers are referred to the risk factors associated with the Company's business as described in the Company's most recent Management's Discussion and Analysis available at www.sedarplus.ca.
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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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217414
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