Unity Power Alliance Receives U.S. DOE Award of $1 Million to Advance Company's Pressurized Oxy-Combustion Technology

    Unity Power Alliance Receives U.S. DOE Award of $1 Million to Advance
               Company's Pressurized Oxy-Combustion Technology

PR Newswire

WORCESTER, Mass., Oct. 15, 2012

WORCESTER, Mass., Oct. 15, 2012 /PRNewswire/ --Unity Power Alliance (UPA), a
joint venture between ThermoEnergy Corporation (OTCBB: TMEN) and ITEA, S.p.A.,
announced today that the U.S. Department of Energy (DOE) has provided final
approval on an award of $1 Million to advance the company's pressurized
oxy-combustion technology for clean, coal-fired power generation.

(Logo: http://photos.prnewswire.com/prnh/20121015/CL92617LOGO )

The Unity Power Alliance (UPA) award team includes ThermoEnergy of
Massachusetts, ITEA S.p.A., Massachusetts Institute of Technology (MIT), and
Georgia Tech. The first key part of UPA's program is a techno-economic
modeling optimization to be conducted by MIT. The new Carbon Neutral Energy
Solutions (CNES) laboratory at Georgia Tech will host the second major part of
the project which is testing ITEA's "flameless" reactor over a wide range of
pressures. The results will then be analyzed in conjunction with the
techno-economic modeling conducted by MIT. ThermoEnergy will build the
bench-scale testing unit.

"The core of the technology that the UPA will optimize involves a "flameless"
combustion system that was developed by ENEL SpA and ITEA and is already
successfully operating at a 5MWth plant in Italy," said Unity Power Alliance
Managing Director, Robert Marrs. We are confident that the team can achieve
even greater efficiencies given the opportunity to test the reactor at a
variety of higher pressures within the scope of our combined UPA patents."

After successful completion of the first phase of the program, it is
anticipated that a much larger Phase 2 will occur with DOE/NETL awards in the
$10-20 million range toward the construction of a pilot scale project.

About Unity Power Alliance
Unity Power Alliance is a joint venture between ThermoEnergy Corporation
(OTCBB: TMEN) and ITEA, S.p.A. The Mission of the Unity Power Alliance is to
the develop and commercialize POXC™ "pressurized oxy-combustion" as a new,
preferred clean combustion platform for repowering existing coal-fired power
plants in the USA and building new power plants around the world with near
zero air emissions. Unity Power Alliance's strategy is to form alliances with
engineering companies, utilities, independent power producers, air separators,
service companies, CO2 pipeline companies, transportation companies, and other
key industry stakeholders who believe near zero emissions fossil fuel power
production is a desirable and achievable near-term goal that will provide
maximum benefit to the global environment and economy. Visit
www.unitypoweralliance.com

About ThermoEnergy
Founded in 1988, Thermo Energy is a diversified technologies company engaged
in the worldwide development, sales and commercialization of patented and/or
proprietary technology for the recovery and recycling of wastewater from oil
& gas hydrofracking operations, municipal and industrial wastewater treatment,
and power generation technologies. Additional information on the Company and
its technologies can be found on its website at www.thermoenergy.com.

About ITEA S.p.A
ITEA S.p.A is an Italian engineering and technology company that has been
acquired by Sofinter Group (http://www.sofinter.it/), one of the most dynamic
European players providing high technology, energy-recovery solutions.
ISOTHERM Pwr Flameless Oxy-Combustion patented by ITEA produces low-cost
energy (steam and electricity) by flexible use of low ranking fuels such as
waste, heavy oils, pet coke, and coal, while meeting strict environmental
regulations. The ISOTHERM Pwr is a high-yield energy-recovery technology
suitable for different fuels end-of-line residues from refinery,
petrochemical, pharmaceutical and other process industries.

THIS PRESS RELEASE INCLUDES STATEMENTS THAT MAY CONSTITUTE "FORWARD LOOKING"
STATEMENTS, USUALLY CONTAINING THE WORDS "ESTIMATE", "PROJECT", "EXPECT" OR
SIMILAR EXPRESSIONS. FORWARD LOOKING STATEMENTS INHERENTLY INVOLVE RISKS AND
UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM
CURRENT EXPECTATIONS. BY MAKING THESE FORWARD LOOKING STATEMENTS, THE COMPANY
UNDERTAKES NO OBLIGATION TO UPDATE THESE STATEMENTS FOR REVISIONS OR CHANGES.



SOURCE ThermoEnergy Corporation

Website: http://www.unitypoweralliance.com
Contact: Unity Power Alliance: Robert Marrs: +1-408-656-1804,
robert.marrs@unitypoweralliance.com; or Media: Marc Bane: +1-978-443-2378,
mbane@banemarketing.com
 
Press spacebar to pause and continue. Press esc to stop.