Sofame Signs Contracts with Two Leading US Companies



    /THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE
    SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

    Sofame technologies now available to American companies who will save
    energy while reducing greenhouse gases emissions

    MONTREAL, Aug. 2 /CNW Telbec/ - Sofame Technologies Inc. (TSXV: SDW) is
pleased to announce that it has entered into dealership agreements with two
leading US companies: Tozour Trane, Philadelphia PA, and Newmech Companies,
Minneapolis/St-Paul MN. Sofame's marketing partner, GT Market Solutions Inc.
(www.gtmarketsolutions.com) who has been mandated by Sofame to establish its
sales force in United States, was instrumental in securing these agreements.
    Mr. Luc Mandeville, V.P. Technologies and Research and one of the
founders of Sofame, stated: "The quality of these first two dealers who have
signed with Sofame to market our technologies in the US is impressive. I have
been training representatives for our technologies for the last 20 years and
have not as yet encountered such enthusiasm for our products. We expect our
business relationship with Tozour Trane and Newmech to be very promising and
they have already started to bring several interesting inquiries relating to
our products."

    About Tozour Trane

    Tozour Trane is one of the largest independent Trane Company distributors
in the world. They are also a distributor for a number of the other marquee
product lines with applications in: mechanical systems, building automation,
service and preventive maintenance, energy conservation and green building
design. They are located in the Metropolitan Philadelphia area, from which
they will cover Pennsylvania, New Jersey, Delaware and West Virginia as a
distributor for Sofame Technologies. www.tozour.com
    "Tozour-Trane is very excited to add Sofame to its suite of energy
saving, green house gas reducing products and services. The market is very
eager for green solutions that are cost effective. Sofame hot water systems
are good for our customers and great for our environment!" says Kevin Duffy,
Chief Operating Officer of Tozour Trane.

    About Newmech Companies Inc.

    Since the inception of the organization in 1921 to the present day,
Newmech Companies Inc. has grown to a full service construction and
engineering organization. They are a multi-disciplinary enterprise that is a
leader in commercial and industrial construction, building automation, service
and preventative maintenance, fabrication and energy services. Newmech has
integrated the unique Sofame applications with its portfolio of offerings,
thereby continuing its commitment to bring 'state-of-the-art' solutions to its
customers. They are located in the Minneapolis/St-Paul Metropolitan area, from
which they will cover Minnesota, North Dakota, South Dakota, Iowa and western
Wisconsin. www.newmech.com

    Sofame has been advised that the combined revenues of Tozour Trane and
the Newmech Companies exceed 200 million dollars US annually.

    About Sofame

    Sofame Technologies, a company based in Montréal, retains exclusive
production and distribution rights on patented direct contact heat exchange
systems, which were 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.

    Forward-Looking Statements

    Certain statements included herein, including those that express
management's expectations or estimates of our future performance, constitute
"forward-looking statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of estimates
and assumptions that, while considered reasonable by management at this time,
are inherently subject to significant business, economic and competitive
uncertainties and contingencies. We caution that such forward-looking
statements involve known and unknown risks, uncertainties and other risks that
may cause our actual financial results, performance, or achievements to be
materially different from our estimated future results, performance or
achievements expressed or implied by those forward-looking statements.
Numerous factors could cause actual results to differ materially from those in
the forward-looking statements, including without limitation, our ability to
achieve increased market acceptance for our product offerings and penetrate
new markets; the existence of undetected errors or similar problems in our
products; our ability to manage our growth; our ability to compete
successfully; potential liabilities; maintaining our intellectual property
rights and litigation involving intellectual property rights; our dependence
on the expertise of our key personnel; and our access to sufficient capital to
fund our future requirements. This list is not exhaustive of the factors that
may affect any of our forward-looking statements. Investors are cautioned not
to put undue reliance on forward-looking statements. All subsequent written
and oral forward-looking statements attributable to Sofame or persons acting
on our behalf are expressly qualified in their entirety by this notice. We
disclaim any intent or obligation to update publicly these forward-looking
statements, whether as a result of new information, future events or
otherwise.
    %SEDAR: 00005005EF




For further information:

For further information: Ms. Rubis Chaput, Investor Relations, (514)
523-6545, extension 224, rubischaput@sofame.com

Organization Profile

Sofame Technologies Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890