EnGlobe Corp. announces delay in interim filing its financial statements



    BURLINGTON, ON, Aug. 12 /CNW/ - EnGlobe Corp. ("EnGlobe" or the
"Company") (TSX: EG), announced that, as a result of increased time required
to complete its interim unaudited financial statements and management
discussion and analysis for the quarter ended for June 30, 2008 (the
"Statements"), that there will be a delay of the filing of the Statements as
required by National Instrument 51-102 Continuous Disclosure Obligations.
    In accordance with applicable securities legislation, EnGlobe will notify
the Canadian securities authorities of the late filing of the Statements. Due
to the late filing, EnGlobe's securities may become subject to a general
issuer cease trade order issued by the applicable securities regulators. The
Company will, however, make an application to the applicable securities
regulatory authority requesting a management cease trade order (the
"Management Cease Trade Order") in respect of the late filing of the
Statements. If granted, the Management Cease Trade Order would affect only the
directors, officers and insiders of the Company and would not affect the
ability of persons who are not officers, directors or insiders of the Company
to trade the securities of the Company.
    The Company is delayed in finalizing the Statements primarily because of
non-cash accounting issues that arose late in the second quarter and
Management and the Company's auditors require additional time to finalize the
Statements. Management expects to file the Statements as soon as practicable
after the completion of the required work and in any event no later than
October 15, 2008, which is the date that is two months after the original
filing deadline for the Statements. EnGlobe will announce any changes in this
timeline as preparation of the Statements progresses. The securities
regulators may impose an issuer cease trade order if the Statements are not
filed by October 15, 2008.
    Management wishes to confirm to its shareholders and other interested
parties that the Company is not subject to any insolvency proceeding, there
are no issues with regards to finalizing the filing of the Statements and
there is no other material information concerning the affairs of the Company
that has not been generally disclosed, the Company fully expects to file the
Statements prior to the respective deadlines for the filing. Further the
Company confirms that it intends to satisfy the requirements to provide
Default Status Reports so long as it remains in default of its requirements to
file the Statements.

    EnGlobe Corp.

    EnGlobe Corp. is a leading international integrated environmental
services company specializing in the management of organic-based waste streams
and contaminated soils, with an emphasis on beneficial reuse. EnGlobe offers
cost-effective solutions to municipal, commercial and industrial clients in
Canada, the northern United States, England and France through its
subsidiaries: Biogénie S.R.D.C. Inc. and Celtic Technologies Ltd. for site
assessment and remediation, GSI Environment Inc. for organic waste management,
and Tanknology Canada Inc. for tank testing and calibration.

    EnGlobe shares are listed on the Toronto Stock Exchange under the ticker
symbol EG. Additional information is available at www.englobecorp.com.






For further information:

For further information: Investors: André Héroux, President and Chief
Executive Officer, EnGlobe Corp., (450) 929-4949 x 261; Media: Lynne Lagacé,
Director, Communications, EnGlobe Corp., (450) 929-4949 x 255

Organization Profile

ENGLOBE CORP.

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