Press Room


THERMOENERGY ANNOUNCES $500,000 CONTRACT TO SUPPLY WASTEWATER RECOVERY SYSTEM

LITTLE ROCK, Arkansas – October 25, 2007 - (Business Wire) - ThermoEnergy Corporation ("ThermoEnergy", OTCBB - TMEN) today announced that its water subsidiary, CASTion Corporation, received a contract totaling almost $500,000 to design, fabricate and start up an ultra-high recovery wastewater treatment system for the nation's leading printed circuit board manufacturer.

"We have been working closely with the client's engineers for the past year to produce a custom designed system that meets their exacting specifications," said Jeffrey Powell, EVP of ThermoEnergy and President of the Castion division. "We are very pleased that Castion was selected as the vendor of choice to provide this system." The Castion system includes an ultraviolet sanitation unit, a high recovery dual membrane system, a CAST 2500 vacuum distillation system, an integrated control system and additional ancillary equipment.

Dennis Cossey, ThermoEnergy's Chairman and CEO stated "We see this as the beginning of a long-term relationship with this valuable new client, and we look forward to the opportunity to provide environmentally responsible and cost-effective solutions for their future water management needs." Water management, conservation and reuse are becoming essential to sustainability, not just in the US, but in many parts of the world as communities struggle to meet the growing demand for clean water. "A significant number of Castion's proprietary and patented process systems are dedicated to providing solutions for these critical issues," said Cossey.

About CASTion CASTion, a subsidiary of ThermoEnergy Corporation, is a 22-year old award winning company, with offices in Massachusetts, Florida, Louisiana, Ohio and California, that provides customized turnkey systems for industrial wastewater treatment. CASTion offers a comprehensive range of products and services including vacuum distillation, evaporators, reverse osmosis, ion exchange, oil/water separators and specialty products. CASTion has successful installations across the U.S., Canada, Mexico and Japan. CASTion's customer base includes the military, power generation, mining, food processing, beverage, automotive, chemical process, refining, micro-electronics, municipal, heavy manufacturing, textile and semi-conductor industries. Its client list includes a significant number of Fortune 100 companies. Additional information on the CASTion can be found on its website at www.castion.com.

About ThermoEnergy Founded in 1988, ThermoEnergy is an integrated technologies company engaged in the worldwide commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies. The economic and environmental matrix of the Company's technologies represents a significant advancement in these key infrastructure industries. The Company currently has offices in Little Rock, AR, Hudson, MA, Worcester, MA and New York, NY. Additional information on the Company and its technologies can be found on its website at www.thermoenergy.com and www.castion.com.

THIS PRESS RELEASE MAY INCLUDE STATEMENTS THAT CONSTITUTES "FORWARD LOOKING" STATEMENTS, USUALLY CONTAINING THE WORD "BELIEVE", "ESTIMATE", "PROJECT", "EXPECT" OR SIMILAR EXPRESSIONS. FORWARD LOOKING STATEMENTS INHERENTLY INVOLVE RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FORWARD LOOKING STATEMENTS. FACTORS THAT WOULD CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES INCLUDE, BUT ARE NOT LIMITED TO, CONTINUED ACCEPTANCE OF THE COMPANY'S PRODUCTS AND SERVICES IN THE MARKETPLACE, COMPETITIVE FACTORS, CHANGES IN REGULATORY ENVIRONMENTS AND OTHER RISKS DETAILED IN THE COMPANY'S PERIDOIC REPORT FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION. BY MAKING THESE FORWARD LOOKING STATEMENTS, THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE THESE STATEMENTS FOR REVISIONS OR CHANGES.

Contact: Dennis Cossey, CEO ThermoEnergy Corporation (501) 376-6477
Jeff Powell, CEO CASTion Corporation (508) 438-2995

Press Archive

ThermoEnergy Announces New Advisory Director
Little Rock, AR - Oct. 02, 2007

ThermoEnergy Announces Additional Funding for Growth
Little Rock, AR - Sep. 27, 2007

ThermoEnergy Names David Garman as Advisory Director
Little Rock, AR - Sep. 05, 2007

ThermoEnergy Responds to Stock Volatility
Little Rock, AR - Aug. 23, 2007

ThermoEnergy Completes Acquisition of CASTion Corporation
Little Rock, AR - July 2, 2007

ThermoEnergy to Acquire CASTion Corporation
Little Rock, AR - April. 16, 2007

Canadian Scientific Study Reinforces ThermoEnergy's Carbon Capture Technology
Little Rock, AR - March 15, 2007

ThermoEnergy Pursues Acquisition
Little Rock, AR - October 4, 2006

ThermoEnergy Appoints ARC Associates To Take the Lead in London Financing
Little Rock, AR - Sep. 13, 2006

ThermoEnergy Earns Prestigious Frost & Sullivan Award For Innovative Wastewater Treatment Technologies
Little Rock, AR - Oct. 19, 2005

Former White House Advisor and Seattle Entrepreneur Join ThermoEnergy Corporation
Little Rock, AR - Sept. 27, 2005

ThermoEnergy Announces Start of$750,000 Federal Climate Change Grant Program
Little Rock, AR - Aug. 30, 2005

ThermoEnergy Corporation Closes Private Equity Financing
Little Rock, AR - July 15, 2005

City of New York Awards Historic Environmental Contract to Clean Up Long Island Sound Using ThermoEnergy's Ammonia Recovery Process Technology
Little Rock, AR - May 25, 2005

ThermoEnergy Receives Patent For ThermoFuel Wastewater Process Technology
Little Rock, AR - April 20, 2005

ThermoEnergy Announces the Engagement of Nixon Peabody, LLP as Corporate Counsel
Little Rock, AR - March 28, 2005

ThermoEnergy News Letter - Volume 1, No. 1
Little Rock, AR - Aug. 3, 2004 (PDF File, 1.9mb)

ThermoEnergy’s Signs Wastewater Consulting Contract
Little Rock, AR - May 12, 2004

World Energy Interviews Dennis Cossey, CEO and Chairman, ThermoEnergy Corporation (PDF).

ThermoEnergy’s Latest Patent Designed To “Enhance” Wastewater Treatment Plant Performance
Little Rock, AR - May 10, 2004

ThermoEnergy Corporation Successfully Completes Private Placement
Little Rock, AR - Feb, 19, 2004