OTTAWA, Oct. 10, 2012 /CNW/ - Thermal Energy International Inc. (TSXV: TMG), a leading provider of custom energy efficiency and emission reduction technologies for energy intensive industries and institutions worldwide, today announced that it has named Grant Bailey as its Director of Global Corporate Accounts, and has hired David Webb as Export Development Manager. In his new role, Mr. Bailey will leverage his exemplary corporate sales record in Thermal Energy's key UK market to build an international corporate sales presence. Mr. Webb will be responsible for developing Thermal Energy's distribution footprint in Europe and around the world, through expansion, training and supporting new distribution partners.
"Grant and David's appointments are evidence of the concrete steps we are taking to accelerate our sales growth with a multi-faceted strategy involving a combination of direct area sales, corporate sales and an enhanced distributor network," said William Crossland, President and CEO of Thermal Energy. "Grant's experience in building corporate relationships will be instrumental in creating global opportunities for direct sales. David's experience developing distributor based export markets will help expand Thermal Energy`s presence in underserved markets around the world."
Mr. Bailey has been with Thermal Energy International for over 8 years. During this time he has played an instrumental role in establishing a corporate relationship with a multinational pharmaceutical company and in his previous role as Sales and Marketing Director he oversaw the team that developed corporate relationships with the a national hospital group and a major food manufacturer. Over the last three years, collectively these three corporate accounts have resulted in GEM and heat recovery sales totaling approximately $8 million at 54 different customer sites in 16 different countries.
Mr. Webb has over 20 years of sales and marketing experience in the fluid, steam and valve industry and track record of successfully taking industrial, steam related products to market and developing distributor channels in Europe, Japan and North America.
About Thermal Energy International Inc.
Thermal Energy International Inc. is an innovative cleantech company providing a variety of proprietary and proven energy efficiency, emission reduction, water efficiency, and bioenergy products and solutions to the industrial, commercial and institutional markets worldwide. Thermal Energy is also a fully accredited professional engineering firm, and can offer advanced process and applications engineering services. By providing a unique mix of proprietary products together with process, energy, environmental, and financial expertise Thermal Energy is able to deliver significant financial and environmental benefits to its customers.
Thermal Energy's products include; GEM® - Steam traps and condensate return systems, FLU-ACE® - Direct contact condensing heat recovery, and Dry Rex™ - Low temperature biomass drying systems. These award winning products are effective in a wide variety of industries and application and have an excellent track record of longevity, proven reliability and performance providing significant energy savings, reduced GHG emissions, improved water efficiency, lower maintenance costs, improved product quality and increased production efficiency.
Thermal Energy International Inc. has offices in Ottawa, Canada as well as Bristol, UK, United States, Italy and China. To find out more about Thermal Energy International Inc. (TSX-V: TMG), visit our website at http://www.thermalenergy.com.
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.
SOURCE: Thermal Energy International Inc.
For further information:
William Crossland
President and CEO
Thermal Energy International Inc.
613-723-6776
bill.crossland@thermalenergy.com
Babak Pedram
Investor Relations
The Equicom Group
416-815-0700 ext.264
bpedram@equicomgroup.com
