Thermal Energy International Inc.

Thermal Energy International Inc.

March 14, 2005 11:43 ET

Thermal Energy Announces Oliver Toffoli to Replace Thomas V. Hinke as Chief Financial Officer 'CFO'


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: THERMAL ENERGY INTERNATIONAL INC.

TSX VENTURE SYMBOL: TMG

MARCH 14, 2005 - 11:43 ET

Thermal Energy Announces Oliver Toffoli to Replace
Thomas V. Hinke as Chief Financial Officer 'CFO'

OTTAWA, ONTARIO--(CCNMatthews - March 14, 2005) - Thermal Energy
International Inc. (TSX VENTURE:TMG) -

Board of Directors Continues to Implement Long-Term Strategic Plan to
Achieve Sustainable Growth and Profitability

Thermal Energy International Inc. ("Thermal Energy") (TSX VENTURE:TMG),
(the "Company") http://www.thermalenergy.com announced the intention of
Mr. Hinke to resign his post as Chief Financial Officer of the Company.
Mr. Hinke's change of role has come as a result of the company's goal
and mandate to build a stronger management team. Effective immediately,
Oliver Toffoli, a long-time Corporate Officer and former Treasurer and
CFO of Thermal Energy, will take over the role of CFO. This is seen as a
key step in the formulation of Tim Angus' new management team.

"We are pleased that Mr. Toffoli has agreed to step back into the role
of CFO. His knowledge of our business, strong financial acumen and vast
experience in doing business globally will greatly benefit Thermal as we
look to fund and profitably grow our business as well as explore global
opportunities for our technologies and solutions" stated John Parker,
Co-Chairman of the Board of Thermal Energy International.

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

About Thermal Energy http://www.thermalenergy.com

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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