MONTREAL, June 2 /CNW Telbec/ - Sofame Technologies Inc. has filed its results for the second quarter and first six months ended March 31, 2008.

	    Second quarter events:

	    - In March, Sofame announced first quarter gross margin ending
	      December 31, 2007 of 36.3% compared to 13.3% in the same prior period
	      on flat sales of $589,000
	    - Gross margin in the second quarter ending March 31, 2008 was 38.9%
	      versus (10.9%) in the same period a year earlier
	    - Revenues in the second quarter ending March 31, 2008 were $766,027
	      representing an increase of 114% versus $358,112 in the same quarter of
	      2007
	    - The net loss in the second quarter was $248,524 after restructuring
	      costs, a significant improvement versus second quarter loss of $405,480
	      a year earlier
	    - Increase in commitment from Wise Energy Equipment Solutions Inc. of
	      St-Paul, Minnesota, to order $12 million of Sofame equipment over three
	      years
	    - Exclusive agreement with Soffimat SA of Paris to represent Sofame in
	      France, and become a partner in Sofame Europe to recruit and manage
	      agents and distributors across Europe, the Middle East and North Africa

	    Events subsequent to March 31, 2008

	    - In April 2008, Sofame closed a private placement of $2.18 million and
	      issued 7,147,541 common shares at $0.305 to accredited investors
	    - Sofame welcomed Stoermer Industrial Energy Systems to Manufacturer's
	      Representative network covering Ohio and Kentucky
	    - Dutton and Associates in the United States initiated coverage of Sofame
	      shares on April 24, 2008, with a strong speculative buy recommendation
	    - During a European investor tour, Sofame was invited to present at the
	      Cleantech Forum in Brussels, where the 100% customer financing model
	      was presented to green funds and institutional investors
	    - Ahmed Hirani joined Sofame as Vice President of Sales with the mandate
	      to expand the sales team and Representative network across North
	      America
	    - Sofame chose Enviroair Industries to be its exclusive Rep in Quebec and
	      eastern Ontario
	    

Sofame's President and Chief Executive Officer, John Gocek stated, "The last six months have been cathartic for Sofame, as a host of positive changes have been brought to the operations and marketing. These achievements were made while the plant was in full operation during the last two quarters. Some of the more important plant restructuring was completed in May 2008, and we expect manufacturing capacity to increase by 300% following implementation of flow manufacturing and 5S principles on the shop floor. The product line is now ideally suited to meet the energy efficiency requirements of industrial and institutional thermal plant operators and owners.

The announcement today by Quebec and Ontario provincial legislatures to implement a cap and trade system to legislate greenhouse gas reductions by industry in these two Canadian provinces will place Sofame at the top of the agenda for many companies operating thermal plants and boilers where major energy savings can be achieved immediately."

	    The TSX Venture Exchange does not accept responsibility for the adequacy
	    or accuracy of this release.

	    About Sofame

SOFAME Technologies Inc. custom engineers and manufactures unique, high-efficiency direct-contact heat recovery and hot water heating systems. Sofame's products extract up to 99% of heat from flue gases depending on the application, and also from wastewater, and return the energy in the form of high temperature hot water or preheated make-up air. In addition to economically recovering heat from waste energy, Sofame's products also help customers to significantly reduce greenhouse gas emissions. Using world leading, patented green technology, the Company serves building owners, institutional, industrial and commercial markets through a network of dedicated engineering representatives.

For further information

Kelly Hamblin, Sofame Technologies Inc., (514) 523-6545 ext. 233, kellyhamblin@sofame.com
Jérôme Cliche, Sofame Technologies Inc., (514) 523-6545 ext. 249, jeromecliche@sofame.com