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Industrial hot water heaters  -  99% Efficient!  -  Environmentally Effective
Waste heat recovery equipment  -  1 to 3 year Payback!  -  Cost Efficient
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Sofame Receives Order Worth Over $1 Million to Reduce NOx at a University
Sofame Energy Inc. to Locate in Chicago 
Sofame Converts Unsecured Debts to Common Shares
Contacts:
 
John Gocek
President
514-523-6545 ext:200

Robert Demers
VP Sales & Marketing
514-523-6545 ext:210
[email protected] 
(Click Here)
PRODUCTS
 
Sofame Product Brochure
 
PHC Magazine, June 2008
 
Xstrata Mines 2008
6% GHG Reduction 
 
 
Heating Plant Retrofit
 
Maple Lodge Farms
Food Processing 
 
 
 

Head Office   

Sofame Technologies Inc.
500 Alphonse D. Roy
Montreal, Quebec
H1W 3Y8
Canada
tel: 514-523-6545
fax: 514-524-6183

www.sofame.com 
 
 
STOCK INFO
TSX-V: SDW
USA: SFMGF
 
 Last Price: $0.045
 52 week High/Low:
$0.110 / $0.020
 
Average Daily Volume
(90 Days): 
276,086
 
Shares Outstanding
Basic:  100,894,216
 
Market Cap
Basic: $4.540M
 
Analyst Coverage 
SOFAME NEWS UPDATE
 
Sofame Receives Order Worth over $1 Million to Reduce NOx at a University 
 
Montreal, August 17th, 2010 (TSX-V: SDW) -- On July 16th 2010, Sofame received a purchase order for over $1 million from Tozour Energy Services in Philadelphia to design and install a Sofame Steam Pump(R) at a well known university in New Jersey. The contract award is for a system that will reduce nitrogen oxide emissions. The Sofame Steam Pump(R) technology is unique because it significantly reduces NOx emissions while increasing energy efficiency and largely preserving the overall heating capacity of the boiler plant.  No competing technologies can achieve all these beneficial results at the same time.
 
"This major contract award arrives at an ideal moment as Sofame is gaining strong momentum in the US industrial energy efficiency marketplace," commented John Gocek, Sofame's President and CEO. 
 
Sofame Energy Inc. to Locate in Chicago 
 
Sofame Technologies (TSX-V:SDW)  has finalized its Joint Venture Agreement with QED Connect.  The Joint Venture company, Sofame Energy, Inc., has been incorporated in Nevada with headquarters to be established  in downtown Chicago for the purpose of exclusively distributing, selling and supporting Sofame's current and future products in the United States.
 
Under the terms of the Joint Venture Agreement, QED and Sofame Technologies will initially be the only equity owners of Sofame Energy and will share revenue of Sofame Energy. The joint venture will also establish strategic relationships and assist the marketing and business development efforts.   Sofame Energy has initially organized a debt financing arrangement potentially up to $1 million to support expansion into the US market as well as further product development at Sofame Technologies in Canada.
 
Sofame Converts Unsecured Debts to Common Shares
 
On Augst 12th, 2010, Sofame reached agreement in principle to convert unsecured debentures to common shares. The transaction being negotiated includes the aggregate $1,525,000 of convertible debentures which were issued on May 16, 2007 and which matured on May 16, 2010. Other unsecured lenders are also considering converting their loans to common shares of Sofame, raising the total value of liabilities under consideration for conversion to equity to potentially about $2,000,000, or approximately one half of Sofame's current liabilities. The minimum conversion price is $0.05 cents per share according to the rules of the TSX Venture Exchange, and the new shares will be subject to a mandatory 4-month hold period. The proposed transaction is subject to approval by the TSX Venture Exchange.
 
"The conversion of unsecured debentures to common shares eliminates an important element of uncertainty for our investors. It also represents a reduction in future interest expense and a dramatic improvement in Sofame's balance sheet," stated John Gocek, Sofame's President and CEO.
  
 
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 any statements herein.
 Virtual Energy Forum - Technology Presentation
Listen to the entire Sofame Live Interview as viewed by
over 600 energy industry end-users, consulting engineers
and policy makers (2008)
 
 
Virtual Energy Logo
Mission and Overview (2008)
3-Minute Interview
 

 

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 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.