January 2010

  TSI Group (Data Services) Activities

• International Services Contract and Project Support Provided December 09
• New Contracts Signed with Texas, Illinois, and Oklahoma Clients - Covering Trading Activities, OSIsoft PI, Power Plant Predictive Modeling and ICCP Interfaces
• TSI Group provides support for NERC SIP Implementation Projects
• TSI Group commences PI-related services work with a new client in Arizona
• TSI Group hires a new Systems Integrator / Support Specialist
• TSI Group activates New Client Applications (real-time reporting and monitoring)
• TSI Group enters into discussions for new applications development activities
• TSI Group expands PI System, IT Monitor, Specialized Application Development and ICCP Support business efforts.
• TSI Group provides PI system installation and upgrade services:
  • to Texas based Independent Power Producers
  • to Texas based Utilities
• TSI Group provides ICCP interface services / hardware & software support:
  • to Midwestern Utilities
  • to Western Independent Power Producers

TSI Power Partners Activities

• TSI PP Establishes Affiliates for Project Specific Work in South America
• TSI Power Partners Establishes Affiliates for Project Specific Work in Italy
• TSI Power Partners negotiates contract for North Texas W-T-E / W-T-L 50-100 Mw facility 
• TSI files patent application for power plant emissions reduction process
• TSI working on 5-8 additional patents for power plant systems

TSI Energy

• TSI Energy Funding Agreements Drafted
• TSI Energy discussing large U.S. WTE plant with Investors
• TSI Energy receives LOC for multiple U.S. W-T-E projects 

TSI-Italia Activities

• TSI-Italia Funding Agreements Drafted
• Investor Discussions Continue - Jan 2010
• Project Related Insurance Packages Negotiations Started
• Applications for Environmenatl Permits Underway - Environmental Consultant Engaged for Support

TSI Brazil

• TSI Brazil Funding Agreements Drafted
• Project Discussions Underway with Investors / Lenders - Jan 2010
• Meetings Held in Brazil with Key Off-Take Partners - Dec 09 / Jan 2010

TSI Luxembourg

• TSI Luxembourg Funding Agreements Drafted
• Project Discussions On Hold pending Investor Status

RK Energy Partners

• Funding Agreements Drafted

Major Events in 2009

• TSI signs three new contracts for services with new utility / IPP clients
• TSI signs a contract for services with a government entity.
• TSI Power Partners enters into negotiations with 2 new waste to energy project development efforts.
• TSI adds additional personnel - for Data Services Support