CASTion Selected by The Artemis Project™ as a Top 50 Water Company

WORCESTER, Mass., June 8 /PRNewswire-FirstCall/ -- CASTion, a Thermoenergy Corporation (Pink Sheets: TMEN) subsidiary, announced today that it has been chosen by The Artemis Project™ as a winner of the 2010 Top 50 Water Companies Competition.  This award distinguishes CASTion as a leading company in one of the greatest high-growth industries of the 21st Century.  CASTion was selected by a panel of industry experts based on four criteria: technology, intellectual property and know-how, team and market potential.

"The Artemis Project's Top 50 Water Companies Competition winners have excelled in key areas of the emerging advanced water technology sector," said Laura Shenkar, Principal of The Artemis Project™.  "We are excited to showcase these innovative companies and congratulate them for their achievements in creating solutions that will reinvent the water landscape."

"CASTion is proud to accept this award and recognition within the vast and innovative landscape of water technologies around the world," said David Delasanta, President of CASTion.  "The recognition demonstrates that CASTion's resource recovery solutions have emerged from a select group of financially and fiscally responsible companies into the current climate where every company with waste seeks to not only protect the environment, but to also recover valuable materials traditionally lost in the their process."

The Artemis Project™ Top 50 winners are being honored today at the BlueTech Innovation Forum being held at The Renaissance Stanford Court Hotel in San Francisco www.bluetechforum.com.  Please visit www.theartemisproject.com/competitionpage.html for a full list of The Artemis Project™ 2010 Top 50 Water Companies Competition winners.

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.

About Thermoenergy Corporation

Thermoenergy is an integrated technologies company engaged in the worldwide commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies. The wastewater treatment technologies are consolidated in its subsidiary, CASTion Corporation ("CASTion"), a fast growing developer and manufacturer of innovative, custom-designed wastewater treatment and chemical recovery systems for industrial and municipal clients. The Company designs, assembles and ships its waste water treatment systems from a 20,000 square foot fabrication works located in Worcester, Massachusetts. The power generation technologies are consolidated in a subsidiary, Thermoenergy Power Systems, LLC ("TEPS"). The economic and environmental matrix of the Company's technologies represents a paradigm shift in key infrastructure industries. The Company currently has offices in Little Rock, AR, Arlington, VA, Jacksonville, FL and New York, NY. Additional information on the Company and its technologies can be found on its website at www.Thermoenergy.com/, or www.castion.com/ for wastewater treatment specific information.

About The Artemis Project™

Established in 2000, The Artemis Project™ is a boutique consulting practice that brings unique capabilities to 21st century water management. It combines an understanding of the most advanced water resource management solutions with an international network of developers, investors and users of advanced water technology.  

As the leading authority on applying advanced water solutions to business operations, The Artemis Project™ specializes in developing holistic water management strategies for major corporations.  The Artemis Project™ also supports product launches of advanced water technology into business operations worldwide.  The Artemis Project™ actively participates in water industry events and supports environmental policy initiatives. More information is available at http://www.theartemisproject.com/.

SOURCE Thermoenergy Corporation