Leading Aerospace Firm Purchases Additional CASTion Designed Wastewater Treatment,...

Leading Aerospace Firm Purchases Additional CASTion Designed Wastewater
Treatment, Chemical Recovery System Totaling $1.1 Million

LITTLE ROCK, Ark., July 22 /PRNewswire-FirstCall/ -- ThermoEnergy
Corporation's (OTC Bulletin Board: TMEN) CASTion subsidiary announced that a
leading US aerospace and military supplier has purchased an additional CASTion
custom-designed, proprietary chemical recovery and water conservation system
to enhance the supplier's existing wastewater treatment process. The
additional custom designed system is in keeping with the client's goal of
minimizing its environmental impact on land, water, air, and human health
through the beneficial reuse of water as well as recycling of primary
manufacturing by-products. In total, the contract represents $1.1 million in
revenue to ThermoEnergy's subsidiary.
"This contract is a strong example of the type of success our CASTion
sales team is having in capitalizing on our robust 2008 pipeline," commented
ThermoEnergy's CEO Dennis Cossey, "After spending the first two quarters
focusing on building potential sales leads, we believe our pipeline is
approaching $10M year to date and expect to close on a good portion of these
sales in 2008. CASTion continues to prove itself as a market leader in
industrial wastewater treatment and water conservation solutions, and we look
forward to the rapidly improving ramp-up at CASTion, both from a revenue and
profitability perspective."
The advanced wastewater treatment system being installed is one of the
Company's CAST 2500 Systems; which will be coupled with a reverse osmosis unit
and microfilter to treat various wastewaters produced during the manufacture
of printed circuit boards. Virtually all the metals recovered from production
rinse waters will either be reused or recycled. The new CAST 2500 unit will
be an add-on to the initial reverse osmosis system purchased by the client in
2007.
About ThermoEnergy: ThermoEnergy is a diversified technologies company
engaged in the worldwide commercialization of patented and/or proprietary
municipal and industrial wastewater treatment and power generation
technologies. The economic and environmental matrix of the Company's
technologies represents a significant advancement in these key infrastructure
industries. The Company currently has offices in Little Rock, AR, Worcester,
MA, Hudson, MA, Jacksonville, FL, Baton Rouge, LA and New York, NY. Additional
information on the Company and its technologies can be found on its website at
www.thermoenergy.com.
ABOUT CASTion: CASTion is a fast growing developer and manufacturer of
innovative wastewater treatment and recovery systems for industrial and
municipal clients. Our systems are unique because they meet environmental
regulations and provide a rapid rate of return on investment by recovering and
reusing expensive feedstocks, reducing contaminated wastewater discharge and
reusing wastewater in process operations. Our proprietary products CAST and
RCAST are combined with off-the shelf technologies to provide systems that are
inexpensive, easy to operate and reliable. Our wastewater treatment systems
have application in aerospace, food processing, metal finishing, refineries,
manufacturing and municipal wastewater. With recovery of feedstocks, avoidance
of wastewater and contaminate discharge fees and the reuse of wastewater in
your process our systems can deliver cost effective solutions to environmental
problems. From our 20,000 square foot manufacturing facility in Worcester,
Massachusetts we design, engineer, assemble and ship our systems worldwide.
Additional information on the Company and its technologies can be found on its
website at www.castion.com.
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LOOKING" STATEMENTS, USUALLY CONTAINING THE WORD "BELIEVE", "ESTIMATE",
"PROJECT", "EXPECT" OR SIMILAR EXPRESSIONS. FORWARD LOOKING STATEMENTS
INHERENTLY INVOLVE RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO
DIFFER MATERIALLY FROM THE FORWARD LOOKING STATEMENTS. FACTORS THAT WOULD
CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES INCLUDE, BUT ARE NOT LIMITED TO,
CONTINUED ACCEPTANCE OF THE COMPANY'S PRODUCTS AND SERVICES IN THE
MARKETPLACE, COMPETITIVE FACTORS, CHANGES IN REGULATORY ENVIRONMENTS AND OTHER
RISKS DETAILED IN THE COMPANY'S PERIODIC REPORT FILINGS WITH THE SECURITIES
AND EXCHANGE COMMISSION. BY MAKING THESE FORWARD LOOKING STATEMENTS, THE
COMPANY UNDERTAKES NO OBLIGATION TO UPDATE THESE STATEMENTS FOR REVISIONS OR
CHANGES.

Contact:

Alliance Advisors, LLC
Bryan Kobel
(212) 398-3487
bkobel@allianceadvisors.net

CASTion Corporation
David Delasanta, SVP, Director of Sales/Marketing,
(800) 628-7528 - x305
ddelasanta@castion.com

SOURCE ThermoEnergy Corporation

David Delasanta, SVP, Director of Sales-Marketing of CASTion Corporation,
800-628-7528 - x305, ddelasanta@castion.com; or Bryan Kobel of Alliance
Advisors, LLC, +1-212-398-3487, bkobel@allianceadvisors.net, for ThermoEnergy
Corporation