CONTACTS
Rod Giltaca
Regional Sales Director-West
(802)881-8952
rod.giltaca@sofame.com
Kelly Hamblin
Investor Relations
(514) 523-6545 ext: 630
kellyhamblin@sofame.com |
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Head Office
Sofame Technologies Inc.
500 Alphonse D. Roy
Montreal, Quebec
H1W 3Y8
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| STOCK INFO |
Ticker: SDW TSX-V
USA: SFMGF
Last Price: $0.24
52 week low: $0.14
52 week high: $0.49
50 Day Volume: 64394 Shares Outstanding
Basic: 85,048,846
Market Cap
Basic: $20.4M
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Sofame Signs Representation Agreement with Long Building Technologies of Denver, Covering Colorado, Wyoming, Utah and Nevada
MONTREAL, January 14, 2009 - Sofame Technologies Inc. (TSX-V: SDW), a leading manufacturer of innovative commercial-industrial heat recovery equipment, has signed a representation agreement which grants LONG Building Technologies of Denver, Colorado, (www.long.com) exclusive rights to market and sell Sofame products in four mid-western states.
Jeff Long, Chairman of LONG, stated "Sofame's products fit perfectly into our energy efficiency practice which has seen tremendous growth in the last two years. LONG Building Technologies is a leader in bringing cost saving engineering solutions to building owners. Currently, the political will is strong and critical business imperatives favor proven green products like Sofame's that reduce green house gas emissions and slash fuel costs."
John Gocek, President and CEO of Sofame stated, "The LONG organization has positioned itself as an expert leader in energy efficiency products. LONG's team of senior sales engineers and their loyal customer base will benefit immediately from the combination of Sofame's thermal plant and boiler room efficiency solutions and LONG's applications capabilities."
LONG's Building Environments group assists owners, consulting engineers and contractors with analysis, design and product support LONG's Energy Solutions group offers energy master planning, sub-metering, utility negotiations, monitoring, maintenance, operations staffing, financing, on-going staff training, and tailored occupant strategies.
Sofame Technologies began expanding its network of representatives in the United States in 2007 when three firms signed-up to cover eight states. One new US Rep and three Canadian Reps were added in 2008. Sofame started 2009 by naming two new Reps in five states bringing the total number of states with qualified local engineering representatives to nineteen. Sofame will continue to diligently expand its North American sales network by recruiting top notch boiler room applications engineering expertise to sell its hot water heating and heat recovery products.
About LONG Building Technologies Inc.
LONG Building Technologies was founded in 1965 and has grown from a small manufacturers' representative to a diversified supplier of facility-specific solutions incorporating energy efficient heating, ventilation, air conditioning, lighting, and automation and control systems. LONG Building Technologies provides building owners and operators with comprehensive energy services and performance contracts to reduce project costs and make buildings more predictable to operate and maintain.
TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For further information:
Sofame Sales
Rod Giltaca
Regional Sales Director - West
(802) 881-8952
LONG Building Technologies Inc.
Cliff Littlejohn
Vice President
(303) 975-2117
Sofame Investor Relations
Kelly Hamblin
(514) 523-6545 ext. 630
kelly.hamblin@sofame.com
500 Alphonse D. Roy, Montreal, Quebec, Canada H1W 3Y8
Tel: (514) 523-6545 · Fax: (514) 524-6183
www.sofame.com
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1795 West Yale Avenue, Englewood, Colorado 80110
Ph. (303) 975-2100 · Fax: (303) 936-2755
www.long.com
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SOFAME Technologies Inc. custom engineers and manufactures unique, high-efficiency direct-contact heat recovery and hot water heating systems. Sofame's products extract up to 99% of heat from flue gases depending on the application, and also from wastewater, and return the energy in the form of high temperature hot water or pre-heated make-up air. In addition to economically recovering heat from waste energy, Sofame's products also help customers to significantly reduce greenhouse gas emissions. Using world leading patented green technology, the Company serves building owners, institutional, industrial and commercial markets through a network of dedicated engineering representatives.
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