Contacts
Investor Relations
Kelly Hamblin
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: $0.185
52 week low: $0.14 52 week high: $0.49 100 Day Volume:
61298
Shares Outstanding Basic: 86,598,846
Market Cap Basic: $16.02M
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David Gottfried, USGBC Founder (LEED) and CEO of Regenerative Ventures is retained by Sofame
MONTREAL, March 26, 2009 - Sofame Technologies Inc. (TSX-V: SDW), a leading manufacturer of energy efficient commercial-industrial hot water heating and waste heat recovery equipment, has signed a strategic retainer relationship with David Gottfried, CEO of Regenerative Ventures and founder of the U.S. and World Green Building Councils. The USGBC is the creator of LEED Building Standards. Through his company, Regenerative Ventures, Gottfried selectively assists a handful of leading greentech companies to help build their businesses and also increase public awareness of their innovative green products. The LEED® (Leadership in Energy and Environmental Design) green building certification system is a certification program that awards buildings points for satisfying LEED green building criteria in six major environmental categories. U.S. federal agencies, state and local governments, and forward-thinking private companies have adopted the LEED standards for their new building construction and renovation projects. Incentives for designing and achieving LEED are offered at the state and local levels. Sofame Technologies has been custom-engineering and manufacturing ultra efficient industrial heating solutions for twenty-five years. Its products have slashed heating costs in district heating plants operated by cities and by universities, in boiler rooms of large buildings such as hospitals, hotels, and airports, and also in industrial plants including food processing, pulp & paper, LNG terminals, power generation, cement, breweries and recycling. In short, anywhere there is a boiler plant, or a heating plant retrofit possibility, Sofame can design and install a system to cut fuel costs, reduce greenhouse gas emissions and contribute towards earning LEED points for building projects. John Gocek, President & CEO of Sofame said, "Sofame is excited about working with Regenerative Ventures and David Gottfried to assist in building our company and its offerings. Architects, engineers and building owners need to hear about what Sofame's engineered systems have achieved, and what we can do right now to reduce costs, while saving the environment." David Gottfried said, "Our North American power plants and boiler rooms are generally inefficient. Sofame's products can significantly contribute towards greater efficiencies and cost savings, resulting in reduction of carbon dioxide as well. I'm excited to be assisting Sofame." About David Gottfried David Gottfried has been an investment fund manager, real estate developer, construction manager, and author, and is now a green strategic consultant and globally renowned keynote speaker on green building issues. Mr. Gottfried was the founding Chairman of ASTM's Green Building Committee, and cofounded USGBC in 1993, becoming its first President. As an early pioneer of green buildings, he launched the consulting firm WorldBuild in 1994, and went on to found the World Green Building Council in 1998, which guides the establishment of national green building councils in about 50 countries. Gottfried is the CEO of Regenerative Ventures and the author of ´Greed to Green´. Mr. Gottfried received his degree in Engineering and Resource Management from Stanford University, and serves as a regular lecturer for Stanford's Civil Engineering Department. He has received the Environmental Enterprise Award from the Acterra Business Environmental Network, and the 2006 Lifetime Achievement Award from the San Francisco Institute of Architecture. About Regenerative Ventures Regenerative Ventures actively partners with entrepreneurs and seasoned corporate management teams, assisting them to establish and achieve their goals in the sustainable building arena. The firm brings a depth of experience, strategic knowledge, technical skills, global brand and access, and ongoing support to its portfolio companies. (www.regenv.com) About Sofame 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 significantly reduce greenhouse gas emissions and NOX emissions and qualify for carbon offsets and CDM credits. Using world leading, patented green technology, Sofame serves building owners, institutional, industrial and commercial markets through a network of dedicated engineering representatives. With over 300 systems installed to date, Sofame has helped cut GHG emissions by 150,000 tons a year. Over the past 20 years, Sofame technology has enabled industry to cut its emissions by 1.8 million tons - the equivalent of taking 300,000 cars off the road for one year.
Sofame is a Cleantech Stock in the TSX-V Cleantech sector. Keywords: Energy Efficiency Waste Heat Recovery Carbon Offset NOX Reduction Renewable Energy LEED Building HVAC&R ASHRAE 90.1-2007 For further information, please contact: Regenerative Ventures 2625 Alcatraz Avenue, #369 Berkeley, CA 94705 Tel: (510) 601-9000 www.regenv.com Sofame Media Relations: Patricia Sakal Tel: (514) 499-0674 patricia.sakal@sofame.com Sofame Investor Relations Kelly Hamblin Tel: (514) 523-6545 ext. 630 kelly.hamblin@sofame.com Sofame Technologies Inc. 500 Alphonse D. Roy, Montreal, Quebec, Canada H1W 3Y8 Tel: (514) 523-6545 · Fax: (514) 524-6183 www.sofame.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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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 and NOX emissions and qualify for carbon offsets and CDM credits. Using world leading, patented green technology, Sofame serves building owners, institutional, industrial and commercial markets through a network of dedicated engineering representatives.
With over 300 systems installed to date, Sofame's customers reduce GHG emissions by 150,000 tons a year. Over the past 20 years, Sofame has enabled industry to cut its emissions by 1.8 million tons - the equivalent of taking 300,000 cars off the road for one year.
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