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Share Name | Share Symbol | Market | Type |
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Sofame Technologies | TSXV:SDW | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
MONTREAL, Nov. 8, 2013 /CNW Telbec/ - Sofame Technologies Inc. (TSXV: SDW) (OTC: SFMGF), a leading manufacturer of environmentally efficient industrial water heaters and cost effective heat recovery systems for traditional boilers, has shipped its new Percofrac™ water heating system. The Percofrac™ water heater will be integrated into mobile trailer configurations used in hydraulic fracturing to extract natural gas from shale. This system is designed to use either propane or natural gas as fuel, and has a heating capacity of up to 30 million BTU's per hour. Fracking trailers include electrical generators and other equipment to support field operations in the oil and gas industry. The Percofrac™ offers 99% fuel to water energy efficiency to reduce both operating costs, CO2, NOx and other emissions for those customers in the oil patch who are already sensitive to environmental considerations.
According to John Gocek, Sofame's President & CEO, "The Percofrac™ is an innovation. Sofame believes the combination of hot water and electricity supplied from a mobile platform has other applications such as for disaster relief and public security in times of crisis."
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Sofame Technologies Inc.
Copyright 2013 Canada NewsWire
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