WFI Industries Ltd. Announces Regular Dividend & Fourth Quarter Webcast



    FORT WAYNE, IN, Feb. 6 /CNW/ -  Tim Shields, Chairman of the Board,
announced that the board has approved the regular quarterly dividend of $0.17
U.S. per share. The dividend will be paid March 3, 2008 to shareholders of
record as of the end of trading on February 18, 2008.
    The press release covering fourth quarter and year end results will be
filed after the close of business on Thursday, March 13, 2008. The annual
report to shareholders will be available at that time at www.waterfurnace.com
and on SEDAR at www.sedar.com. The Company will also hold a web cast at
10:00 AM Eastern Standard Time on Friday, March 14, 2008. The web cast can be
heard live or can be accessed anytime in the following 90 days at
www.waterfurnace.com or www.newswire.ca.

    WFI Industries Ltd. is traded on the Toronto Stock Exchange under the
symbol WFI. Additional information is available on the Company's web site:
www.waterfurnace.com.




For further information:

For further information: Bruce Ritchey, President, 9000 Conservation
Way, Fort Wayne, IN, 46809, (260) 479-3224

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WaterFurnace Renewable Energy, Inc.

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