Thermal Energy International Inc.

Thermal Energy International Inc.

January 11, 2005 11:39 ET

Thermal Energy International Inc.: Thomas V. Hinke to Resign as President & CEO




JANUARY 11, 2005 - 11:39 ET

Thermal Energy International Inc.: Thomas V. Hinke to
Resign as President & CEO

OTTAWA, ONTARIO--(CCNMatthews - Jan. 11, 2005) -

Management and Board of Directors begin the implementation of long-term
Strategic Plan to Achieve Sustainable Growth and Profitability

Thermal Energy International Inc. (TSX VENTURE:TMG), (the "Company") today announced the intention of Mr. Tom
Hinke to resign his posts as President and Chief Executive Officer of
the Company. Mr. Hinke's change of role has come as a result of the
Company's goal and mandate from the Board of Directors to build a
stronger management team through the hiring of multiple qualified
personnel, focused specifically on their respective positions. To this
end, the Company is in advanced negotiations with a qualified candidate
to take over the roles of President and Chief Executive Officer and
fully expects to finalize an agreement this month. The Company is also
now actively pursuing candidates for the position of Chief Financial
Officer and expects to appoint the best candidate at the appropriate

Following the successful completion of this transition, Mr. Hinke will
remain as Co-Chairman of the Board and will undertake the position of
Executive Vice-President, Chief Technology Officer and Chief Compliance
Officer. "I fully support this move and will continue to actively
participate in order to accelerate the revenue growth of the Company to
maximize shareholder value." stated Mr. Hinke.

This press release is available on the Thermal Energy Investor
Relation's site for investor questions, commentary and feedback.
Investors are asked to visit and select the
Thermal Energy Investor Discussion and Contact Forum. Alternatively,
investors can e-mail their questions or comments directly to or asked to be placed on the Thermal Energy investor
e-mail list to receive all future press releases directly.

About Thermal Energy

Thermal Energy has been an environmental and energy technology company
since 1986. Headquartered in Ottawa, Canada, TMG is a designer,
developer, fabricator, and supplier of proprietary and patented
environmental compliance (air) and energy conservation, renewable energy
products and technology solutions. Thermal Energy is a fully accredited
professional engineering firm, and offers advanced process and
applications engineering services. FLU-ACE® is a registered trademark
of Thermal Energy.


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