MONTREAL, March 4th, 2010 – Sofame Technologies Inc. (TSX-V: SDW) reports on developments at the company in accordance with Policy 12-203 - Cease Trade Orders for Continuous Disclosure Default. At the present time, the company expects to file its audited annual financial statements, management discussion and analysis ("MD&A") and CEO and CFO certifications for the year ended September 30, 2009, by April 5th, 2010. Sofame is pleased to report that the audit is progressing well. Consequently to the delay in filing the annual reports for 2009, Sofame’s first quarter filings ending December 31, 2009 will also be delayed and filed shortly thereafter. A Management Cease Trade Order will remain in effect until all its filing requirements are met. In the event the audit is not completed within the delay, a general Cease Trade Order will be imposed. Since the current MCTO applies only to management and insiders, all other parties are permitted to freely trade in Sofame’s shares.
MONTREAL, February 18th, 2010 – Sofame Technologies Inc. (TSX-V: SDW), a leading manufacturer of environmentally efficient industrial hot water systems and cost efficient heat recovery equipment, reports on developments at the company in accordance with Policy 12-203 - Cease Trade Orders for Continuous Disclosure Default. Under an extension of the January 28, 2010, filing deadline granted by Quebec’s Autorité des marchés financiers, Sofame must file its audited annual financial statements, management discussion and analysis ("MD&A") and CEO and CFO certifications for the year ended September 30, 2009, by April 5th, 2010. A Management Cease Trade Order will remain in effect until the filing requirements are met. In the event the audit is not completed within the delay, a general Cease Trade Order will be imposed. Since the current MCTO applies only to management and insiders, all other parties are permitted to freely trade in Sofame’s shares.
MONTREAL, February 11, 2010 – Sofame Technologies Inc. (TSX-V: SDW), a leading manufacturer of environmentally efficient industrial hot water systems and cost efficient heat recovery equipment, has joined forces with Pacific Financial Resources (PFR) of Marina del Rey, California, (www.pacificfinancialco.com) to facilitate the sale of renewable energy. The energy will be delivered under Energy Supply or Power Purchase Agreements in the form of hot water produced by Sofame’s proprietary high efficiency heat recovery and hot water heating systems. The costs of installing Sofame’s heating products will be paid from efficiency gains and lower fuel costs after the projects are completed. The Pay-for-Performance or ESCO model makes energy efficiency technology accessible to credit-worthy companies who agree to purchase energy and reduce green house gas emissions without investing upfront capital.