Featuring: publicly traded & venture capital companies on the U.S. (NYSE, NASDAQ, AMEX & OTC: BB) and Canadian (TSX & TSX-V) stock exchanges, Investment & Money Management Ideas.

Press Release - Sofame Technologies Inc. (SDW-TSXV)

wpe11.jpg (7184 bytes)

“We rewrote the ORG CHART, readjusted the salaries, replaced all the servers, brought in modern engineering technology - we are designing in three dimensions now while we used to design in two - and all that has been done in the last six months. These have been big changes for the organization to absorb, and we also changed the way we are marketing the product in the US.” - John Gocek. (SDW) (Interview published May 16, 2008)

The Most Powerful Name In Corporate News and Information.

CURRENT ISSUE COVER ARCHIVES  |  INDEX  |  CONTACT  |  FINANCIALS |  SERVICES  | HOME PAGE


CEOCFO
-Members Login

Become A Member!



 

Sofame Signs Representation Agreement with Superior Boiler Works, a Company with a Strong Presence in Greater Toronto

Tuesday December 23, 12:29 pm ET
MONTREAL, Dec. 23 /CNW Telbec/ - Sofame Technologies Inc. (TSX Venture Exchange: SDW - News), a leading manufacturer of innovative commercial-industrial heat recovery equipment, has signed a representation agreement which grants Superior Boiler Works & Welding Ltd. of Hamilton, Ontario (www.sbww.com) exclusive rights to market and sell Sofame products in Ontario from Kingston to the west including the greater Toronto area.
Superior was founded in 1962, and recently expanded its manufacturing plant to over 100,000 sf in Stoney Creek, Ontario. Superior has the capabilities to construct boilers pressure vessels and heat exchangers weighing up to 600 tons for the petroleum, petrochemical, steel, water treatment and energy sectors. Superior also offers complete mechanical and electrical contracting which includes installation and service. Superior's installation and service business is growing, and David DeFaveri, Vice President, expects the manufacturing side to grow more rapidly as the Company explores international markets aided In part by the lower Canadian dollar.

DeFaveri said, "Superior is very familiar with Sofame's direct contact condensing technology. Our existing customers operate large thermal plants and have an immediate need to become more energy-efficient and reduce operating costs. Sofame is a known and reliable product in Ontario, particularly in the Toronto area. We are impressed by the depth of their engineering knowledge, and have already begun work designing three projects with Sofame."

John Gocek, President and CEO of Sofame stated, "Superior Boiler Works is a welcome new member of Sofame's Rep force. With forty years of engineering, welding and heavy manufacturing experience, Superior has the ability to design, sell and install Sofame's heat recovery products. Superior's stainless steel manufacturing capability is also attractive for large special projects and we look forward to pursuing a wide range of energy efficiency and manufacturing opportunities together."

About Superior Boiler Works & Welding.

Over forty years, SBWW has grown into one of the greater Toronto area's largest general mechanical and electrical contractors, and a major boiler pressure vessel manufacturer. With over 140 employees and growing Superior is able to design, fabricate and install industrial equipment for a wide variety of applications. Over the years Superior has taken on complex projects and delivered on time and on budget solutions as a one stop shop.

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 pre-heated 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, Sofame serves building owners, institutional, industrial and commercial markets through a network of dedicated engineering representatives.

 

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

For further information

Sofame Sales: Omar Tabba, Regional Sales Director - East, (802) 881-8952, omar.tabba@sofame.com
Superior Boiler Works: David De Faveri, Vice President, (905) 643-6628, david@sbww.com
Sofame Investor Relations: Kelly Hamblin, (514) 523-6545, ext. 630, Kelly.hamblin@sofame.com


Source: Sofame Technologies inc.

 

 




    

ceocfointerviews.com does not purchase or make
recommendation on stocks based on the interviews published.