Ottawa, Ontario--(Newsfile Corp. - January 7, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, is pleased to announce that Vincent Sands has been appointed to the position of Executive Vice President ("EVP") of Thermal Energy, effective immediately. Mr. Sands joined Thermal Energy in 2018 when the Company acquired Boilerroom Equi ...

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Core Insights - Orion Energy Systems, Inc. will participate in Singular Research's 19th Annual Best of the Uncovereds Conference on December 11, 2025, highlighting its focus on energy-efficient solutions [1] - CEO Sally Washlow will present virtually and engage in one-on-one investor meetings during the event, indicating the company's commitment to investor relations [2] Company Overview - Orion specializes in energy efficiency and clean tech solutions, including LED lighting, EV charging solutions, and maintenance services, aiming to help customers achieve business and environmental goals [3] - The company offers turnkey design-through-installation solutions for large national customers and collaborates with ESCO and distribution partners [3] - Orion is dedicated to sustainability and responsible operations across its organization, with a focus on reducing carbon footprints and enhancing business performance [4]

Core Points - Thermal Energy International Inc. has granted 3,334,000 stock options to its officers and directors as part of a remuneration and incentive program [1][2] - The stock options have a 5-year term and are exercisable at a price of $0.125, with specific vesting schedules for different portions of the options [2] Company Overview - Thermal Energy International Inc. specializes in energy efficiency and emissions reduction solutions, primarily serving Fortune 500 and large multinational companies [4] - The company claims to recover up to 80% of energy lost in typical boiler plant and steam system operations, providing significant financial and environmental benefits [4][5] - Thermal Energy operates as a fully accredited professional engineering firm with offices in Canada, the USA, and the UK, and has sales offices across Europe [5] Stock Information - The company's common shares are traded on the TSX Venture Exchange under the symbol TMG and on the OTCQB under the symbol TMGEF [6]

Core Insights - Thermal Energy International Inc. has received a $1.6 million order for eight custom-engineered HeatSponge heat recovery units for a remote Arctic mining operation, following a previous order of two units for approximately $400 thousand [1][2][8] Group 1: Project Details - The project is one of the largest and most technically challenging HeatSponge orders in Boilerroom Equipment Inc.'s history, with all units engineered to withstand extreme conditions such as high temperatures, pressure, and vibration [2][3] - The mine's accessibility is limited, requiring innovative logistics solutions, including modular construction techniques to facilitate shipping via standard cargo aircraft [3][4] Group 2: Technical Innovations - Key innovations include a modular build designed for standard cargo aircraft, plug-and-play assembly for on-site crews, a 22% efficiency boost from the heat exchanger design, and a durable casing made of reinforced stainless steel [5][7][14] - The design also features dual-layer access doors to reduce exhaust leakage and custom finned tubes tailored to site constraints [14] Group 3: Financial Expectations - Revenue from this order is expected to be recognized within 12 months, with gross margins anticipated to align with historical project margins [8]

Core Insights - Thermal Energy International Inc. has secured orders for two turnkey heat recovery projects totaling CAD 1.5 million from a global nutrition company, marking the seventh and eighth projects with this client [1][2] - Since 2019, the company has conducted approximately CAD 13.6 million in business with this multinational customer, which includes various smaller orders across 27 sites in nine countries [2] - The two new projects are expected to be completed within 12 months, with gross margins anticipated to align with historical figures for similar projects [2] Company Overview - Thermal Energy specializes in energy efficiency and carbon emission reduction solutions for large corporations, claiming to recover up to 80% of energy lost in typical boiler plant operations [5][6] - The company operates as a fully accredited professional engineering firm with offices in Canada, the USA, and the UK, providing tailored solutions that deliver significant financial and environmental benefits [6] Market Potential - There is significant growth potential with the existing customer, as there are opportunities for further energy efficiency and carbon reduction initiatives at partially penetrated locations and other sites globally [2]

Core Insights - Orion Energy Systems, Inc. announced LED lighting and Electrical Infrastructure engagements worth over $4.7 million for two major enterprise customers [1] - The larger engagement is valued at $3.6 million, involving installations and upgrades for a large enterprise with 18,000 employees [2] - The second engagement, worth $1 million, is part of a multi-year initiative and includes work at five facilities across four U.S. states [3] Engagement Details - The $3.6 million engagement focuses on installations and upgrades of Electrical Infrastructure and LED lighting at a large enterprise's facilities [2] - The $1 million engagement is expected to be completed in FY 2026 and marks the beginning of a multi-year upgrade initiative [3] - Orion anticipates being assigned more work by the customer on a frequent basis due to the scale of the enterprise's needs [3] Company Positioning - Orion's CEO highlighted the increasing frequency and scope of assignments from large enterprises, indicating a growing reliance on Orion's services [4] - The COO emphasized Orion's capability to scale operations in line with the needs of extended enterprises [4] - Orion specializes in energy efficiency and clean tech solutions, including LED lighting and EV charging solutions, aimed at helping customers achieve business and environmental goals [5]

Core Points - Thermal Energy International Inc. will release its fiscal 2026 first quarter financial results on October 28, 2025, before market open [1] - An earnings conference call and webcast will be held at 8:30 a.m. ET on the same day, followed by a Q&A session for qualified equity analysts [1] - The financial statements and management's discussion will be available on SEDAR+ and the company's website on the same day as the results release [3] Company Overview - Thermal Energy provides energy efficiency and emissions reduction solutions to Fortune 500 and large multinational companies, focusing on reducing fuel use and carbon emissions [5] - The company claims its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations, offering a high return on investment with a short payback period [5] - Thermal Energy operates as a fully accredited professional engineering firm with offices in Ottawa, Pittsburgh, and Bristol, and sales offices across several countries including Canada, the UK, the USA, Germany, Poland, and Italy [6]

Core Viewpoint - Orion Energy Systems, Inc. will participate in the Lytham Partners Fall 2025 Investor Conference, presenting its energy-efficient solutions and engaging in one-on-one meetings with investors [1][3]. Company Overview - Orion Energy Systems specializes in energy efficiency and clean technology solutions, including LED lighting, electric vehicle (EV) charging stations, and maintenance services [4]. - The company focuses on providing turnkey design-through-installation solutions for large national customers and works with ESCO and distribution partners to help clients achieve their business and environmental goals [4]. Event Details - The webcast presentation is scheduled for September 30, 2025, at 3:30 p.m. ET, and will be accessible via the conference homepage or directly through a provided link [2]. - Management will be available for virtual one-on-one meetings during the event, with arrangements facilitated through Lytham Partners [3].

Core Insights - Thermal Energy International Inc. reported record revenue of CAD 29.8 million for fiscal year 2025, marking a 15% increase year-over-year [10] - The company experienced a decrease in revenue for Q4 2025, but improved gross profit and Adjusted EBITDA margins [2][5] - Order intake for Q1 fiscal 2026 reached CAD 11.3 million, the highest first quarter intake in the company's history, significantly higher than the previous year [2][15] Financial Performance - Q4 2025 revenue decreased by 9.3% to CAD 6.8 million compared to Q4 2024, primarily due to lower revenues from heat recovery projects [5][7] - Gross profit for Q4 2025 increased by 17.3% to CAD 3.7 million, with a gross margin improvement to 53.9% [5][7] - For the fiscal year ended May 31, 2025, gross profit decreased by 1% to CAD 12.3 million, attributed to lower GEM revenues and reduced gross margins on heat recovery projects [10][11] Debt Management - The company repaid CAD 1.1 million in long-term debt during Q4 2025 and CAD 2 million for the entire fiscal year, reducing total debt by CAD 3.6 million over the last three years [3][5] Strategic Initiatives - The company plans to develop higher-margin standardized equipment packages, add independent sales representatives, and expand Boilerroom Equipment Inc. into Europe to drive profitable growth [4][5] - The introduction of the Efficiency Scoping Tool ("CREST") aims to enhance the identification of thermal energy savings and carbon reduction opportunities [6] Order Backlog and Future Outlook - The order backlog as of May 31, 2025, was CAD 12.9 million, which increased to CAD 24.3 million by September 22, 2025, following significant new orders [5][15] - The company anticipates that most revenue from new orders will be recognized in the second half of fiscal 2026 [2][5]