MONTREAL, November 27, 2012 - Sofame Technologies Inc. (TSXV: SDW), (OTC.PK: SFMGF) has successfully 'right-sized' its operations to generate modest quarterly profits and even more impressive EBITDA results in 2012, according to in-house un-audited financial statements. Year-end guidance, to be released in December, will show an unparalleled improvement over the prior three years of negative bottom line results. Sofame's board of directors and management team are committed to grow the business both organically, via its network of representatives, as well as via an aggressive acquisition strategy, which was first mentioned in press release on July 3, 2012.

According to Presser, "Sofame has secured the financial support of a New-York based investment group to actively pursue synergistic acquisitions of complementary targets in the HVAC field (heating, ventilation, air conditioning) for both vertical and horizontal integration. The Board's objective is to create a company with a minimum $50 million of revenue in FY2013, and which will have broader manufacturing capabilities, a physical presence in New England, and multiple complementary HVAC product lines to offer existing clients and new prospects via Sofame's growing sales network."

Mr. Presser added that Sofame's corporate directors are all experienced operating managers who have been involved in manufacturing for decades and also possess significant experience in mergers and acquisitions, and public company reporting. He expressed his gratitude to fellow board members Fahim Samaha, Sham Ahmed and Brian Dillon for serving shareholders solely for the prospect of future compensation. The full text of Sofame's Chairman's Message is available on Sedar at www.sedar.com, and at www.sofame.com.