Thermal Energy Strengthens the Team with Addition of Robert W. Triebe, M.A.Sc., P.Eng.OTTAWA -- Rob Triebe returns to Thermal Energy thermal energy Internal energy of a system in thermodynamic equilibrium (see thermodynamics) by virtue of its temperature. A hot body has more thermal energy than a similar cold body, but a large tub of cold water may have more thermal energy than a cup of boiling , bringing world class knowledge of Greenhouse Gas emissions, emissions reduction technology solutions and Greenhouse Gas reduction funding mechanisms Thermal Energy International Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:TMG TMG - TransMoGrifier. An early language for writing recursive descent compilers. It was macroed from the IBM 1604 to the IBM 709 to the IBM 7094 to the GE-635, where it was used by McIlroy and Morris to write the EPL compiler for Multics. ), (the "Company") http://www.thermalenergy.com today announced that Robert W. Triebe has been named Director Environmental Solutions and Senior Engineer. Mr. Triebe spent 5 years with Thermal Energy as a Lead Engineer. Rob was intimately involved with the Research and development of Thermal Energy's THERMALONOx(TM) technology and was an integral member of the patent application and attainment process. Rob also led the installation of some of Thermal's earliest FLU-ACE(R) applications. Rob currently sits as a functional expert and reviewer for the Sustainable Development Technology Corporation (SDTC SDTC San Diego Triathlon Challenge SDTC San Diego Transit Corporation SDTC Standard Duty Title Code SDTC Spatial Data Transfer Standard SDTC Solihull Dog Training Club (Birmingham, UK) SDTC San Diego Telcom Council ), where he is involved in the review of Greenhouse Gas (GHG GHG Greenhouse Gas GHG Governor's Horse Guard (various locations) ) reduction and pollution control proposals. SDTC was created by the Canadian government as not-for Profit Corporation to review and fund new and emerging climate-friendly technologies that have the potential to reduce GHG emissions; and technologies to address clean air issues. Most recently, Rob was with Jacques Whitford Environment Limited (JW) in the role of Senior Project Manager. With JW, one of Rob's accomplishments was the completion of a screening and assessment of current GHG funding mechanisms and programs for Environment Canada to aid in the decision making process of which programs to fund and to what level, including review of the GMF GMF Graphical Modeling Framework GMF German Marshall Fund GMF Groupes de Médecine de Famille (French; Quebec, Canada) GMF Genetically Modified Food GMF Gulf of Mexico Foundation , SDTC, IRAP IRAP Industrial Research Assistance Program (National Research Council, Canada) IRAP Imposta Regionale sulle Attività Produttive (Italy) IRAP Interleukin-1 Receptor Antagonist Protein , PERD PERD Period PERD Program of Energy Research and Development (Natural Resources Canada) PERD Process Engineering Revision Diagram , TEAM, CIDA CIDA Canadian International Development Agency CIDA Council for Interior Design Accreditation (Grand Rapids, MI) CIDA Centro de Información Documental de Archivos CiDA Certificate in Digital Applications , TPC (Transaction Processing Performance Council, San Francisco, CA, www.tpc.org) An organization devoted to benchmarking transaction processing systems. In order to derive the number of transactions that can be processed in a given time frame, TPC benchmarks measure the total performance of , CDMJI, and others. As such he is intimately familiar with technical and funding opportunities available for GHG reduction. Mr. Triebe provided technical expertise related to pollution prevention and control practices to the project team and wrote aspects of the Environment Canada Pollution Prevention Handbook, Guidance Manual, and the Model Plan now available on the Environment Canada website. "The addition of Rob will greatly enhance our technical depth and ability to develop and deliver profitable solutions to our customers. Rob's background with Thermal Energy and his knowledge of both FLU-ACE(R) and THERMALONOx(TM) will also enable Thermal to rapidly progress our R&D efforts to meet the market demands and evolving opportunities we see" stated Tim Angus, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Rob is one of North America's most knowledgeable technical experts on GHG reduction technologies and the associated funding mechanisms, including the recent evolution of very robust Canadian government funding. Acquiring the skills of an individual with such an intimate familiarity with available funding mechanisms positions Thermal to capitalize on these opportunities for our customers and partners and ultimately profitably grow our business". Details of Incentive Stock Options and Debt Settlement 150,000 stock options at a deemed price of $0.24 per share have been granted to Mr. Triebe as an incentive contract bonus to be held in trust and issued at a rate of 25,000 options per $1,000,000 in secured business volume on a project by project basis for the Corporation effective immediately upon commencement of duties. The second incentive component for Mr. Triebe consists of a contract bonus of 100,000 flow through common shares at a deemed price of $0.25 per share to be held in trust and given to Mr. Treibe over a 20 month period with 20,000 shares to be given to Mr. Triebe immediately upon commencement of duties with an additional 20,000 shares for each five month period of service to the Corporation up to the total of 100,000 shares. All options and shares issued will be subject to standard regulatory hold periods from the date of grant as required by the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. . The proposed stock options and debt settlement are both subject to the final approval of the TSX Venture Exchange (or TSX-V). 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 accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. professional engineering firm, and offers advanced process and applications engineering services. FLU-ACE(R) is a registered trademark of Thermal Energy. THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE Thermal Energy International Inc. (TSX VENTURE:TMG) |
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