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ThermoEnergy Announces the Engagement Of Nixon Peabody,
LLP as Corporate Counsel
LITTLE ROCK, Ark.—(BUSINESS WIRE)—March 28, 2005—ThermoEnergy
Corporation (OTCBB:TMEN) is pleased to announce the engagement of Nixon Peabody,
LLP, of New York as general legal counsel to the Company. Nixon Peabody, LLP is
one of the largest law firms in the United States, with offices in fifteen cities
and more than six hundred attorneys collaborating across fifteen major practice
areas.
"We looked at a number of firms, however their expertise and depth of experience
in such specialty areas as corporate governance, securitization and structured
finance, and technology and intellectual property, including energy and water,
is a perfect match with our core business," said Dennis Cossey, ThermoEnergy's
Chairman and CEO.
"The addition of Nixon Peabody is a key component of management's strategy to
reposition the Company to better meet its immediate and long-term corporate
goals," said Cossey.
About Nixon Peabody
Nixon Peabody LLP is one of the largest multipractice law firms in the United
States, with offices in fifteen cities and more than six hundred attorneys
collaborating across fifteen major practice areas. The firm's size, diversity,
and state-of-the-art information systems enable it to offer a comprehensive,
integrated range of legal services to individuals and organizations of all
sizes in local, state, national, and international matters. They were ranked
second by Dow Jones & Company's Private Equity Analyst among leading law firms
nationally for the number of private equity or venture capital funds they have
negotiated and closed for general partners and limited partners in 2004. The
firm moved up four positions from last year's rating with 169 funds closed,
up from 103 in 2003. Additional information on the firm can be found on its
website at www.nixonpeabody.com.
About ThermoEnergy
Founded in 1988, ThermoEnergy is a diversified technologies company engaged in
the worldwide commercialization of patented and/or proprietary municipal and
industrial wastewater treatment and power generation technologies. Additional
information on the Company and its technologies can be found on its website at
www.thermoenergy.com.
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