Sofame appoints new Pesident and CEO



    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE
    UNITED STATES/

    MONTREAL, Oct. 24 /CNW Telbec/ - Sofame Technologies Inc. (SDW: TSX-V) is
pleased to announce the appointment of Mr. John Gocek as the corporation's new
President and Chief Executive Officer.
    The arrival of Mr. Gocek marks another milestone in Sofame Technologies'
pursuit of leadership in the field of industrial boiler rooms and power
plants.
    "Through his experience and extensive understanding of the HVAC industry
as well as his track record as an entrepreneur, John is highly qualified to
lead and grow our company. The Board looks forward to his leadership in
positioning Sofame Technologies as a key actor in this new era of energy
savings and environmental conservation", said Mr. Richard Groome, Chairman of
the Board of Sofame Technologies.
    Mr. Gocek stated: "I am very excited to join the team at Sofame
Technologies. Through the years, they have developed a unique and patented
direct-contact heating technology that is proven and reliable. This is an
outstanding opportunity for me to reach out to building owners, governments,
institutions and public utilities to help them achieve significant energy
savings using Sofame's products."
    Concurrent with the appointment of Mr. Gocek, Sofame announces that Mr.
Rami Shehabi, the corporation's President and CEO, is leaving that position to
take up the newly-created post of President of Sofame International, a new
division of Sofame Technologies. Mr. Shehabi's new role will be to focus
exclusively on the international market with specific emphasis on Europe,
Middle-East, Africa and Asia. Mr. Shehabi vast experience of the international
market of energy, oil and gas, will benefit this new venture of Sofame
Technologies. Mr. Shehabi remains a member of the Board.
    "On behalf of the Board of Directors and all shareholders, we would like
to thank Mr. Shehabi for his outstanding contribution over the last two years
and look forward to supporting Mr. Shehabi in developing customers in these
parts of the world" said Mr. Luc Mandeville, founder and director of Sofame
Technologies.

    About Sofame

    Sofame Technologies Inc. is a Montreal-based company that retains
exclusive production and distribution rights on patented direct contact heat
exchange systems developed in collaboration with partners such as the Natural
Gas Technologies Center, Gas Metro, Gas de France and Keyspan Energy of New
York.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.
    %SEDAR: 00005005EF




For further information:

For further information: Jérôme Cliche, Investor Relations, (514)
523-6545, Fax: (514) 524-6183, jeromecliche@sofame.com; sofame@sofame.com;
www.sofame.com

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