Attached files

file filename
10-K - FORM 10-K ANNUAL REPORT - THERMODYNETICS INCtdyt_10k-033111.htm
EX-32.(A) - CEO CERTIFICATION - THERMODYNETICS INCex32a.htm
EX-31.(B) - CFO CERTIFICATION - THERMODYNETICS INCex31b.htm
EX-31.(A) - CEO CERTIFICATION - THERMODYNETICS INCex31a.htm
EX-32.(B) - CFO CERTIFICATION - THERMODYNETICS INCex32b.htm
Exhibit 21

The following table indicates, as of the end of the most recently ended fiscal year, the subsidiaries of Thermodynetics, Inc., their respective states and years of incorporation, and the percentage owned by Thermodynetics.

Subsidiary’s Name
State of Incorporation
Year of Incorporation
Percentage Owned
Vulcan Industries, Inc.
Michigan
1991
wholly owned
National Energy Systems, Inc.
Florida
1984
wholly owned
TPI Systems, Inc.
Delaware
1983
wholly owned*

* The Company is currently spinning-off TPI Systems through the issuance of a dividend.  Please see Item 1.