SERVIDYNE DECLARES QUARTERLY DIVIDEND ANNOUNCES RESULTS OF ANNUAL MEETING

ATLANTA – September 16, 2008 – SERVIDYNE, INC. (NASDAQ – SERV), a building performance efficiency and real estate company, today reported that the Board of Directors declared a cash dividend in the amount of $.038 per share, the Company’s 117th consecutive quarterly dividend, payable on October 14, 2008, to shareholders of record on September 29, 2008.

The Company also reported that shareholders at the Company’s Annual Meeting re-elected all six members of the Board of Directors and approved the increase in the number of authorized shares of common stock from 5 million shares to 10 million shares.

Established in 1925, Servidyne, Inc. is headquartered in Atlanta, Georgia, and operates globally through its wholly–owned subsidiaries. The Company provides comprehensive energy efficiency solutions, sustainability programs, and other products and services that significantly enhance the operating and financial performance of existing buildings. Servidyne enables customers to cut energy consumption and realize immediate cost savings across their portfolios, while reducing greenhouse gas emissions and improving the comfort and satisfaction of their buildings’ occupants. The Company serves a broad range of markets in the United States and internationally, including corporate, commercial office, hospitality, gaming, retail, industrial, distribution, healthcare, government, multi-family and education. Servidyne also engages in commercial real estate investment and development. The Company currently owns or controls shopping centers in the Southeast and Midwest and office properties in metropolitan Atlanta. For more information about Servidyne, please visit www.servidyne.com or call 770-953-0304.

Certain statements contained in this news release are forward-looking statements within the meaning of federal securities laws.  Such forward-looking statements involve known and unknown risks, uncertainties and other matters, including the risks and uncertainties set forth under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K, which may cause the actual results, performance or achievement of Servidyne, Inc. to be materially different from any past or future results, performance, or uncertainties expressed or implied by such forward-looking statements.   Servidyne, Inc. does not undertake to update these forward-looking statements