SERVIDYNE RAISES QUARTERLY CASH DIVIDEND, DECLARES STOCK DIVIDEND

ATLANTA, Georgia, June 6, 2008 – SERVIDYNE, INC. (NASDAQ – SERV), a building performance expert services and real estate company, today reported that the Board of Directors declared a cash dividend in the amount of $.04 per share, representing an 11.1% increase over the dividend paid in the prior quarter. The dividend is payable on July 1, 2008, to shareholders of record on June 17, 2008, and represents the Company’s 116th consecutive quarterly cash dividend.

The Company also announced that the Board of Directors declared a 5% stock dividend whereby each shareholder of record on June 18, 2008, will receive one additional share of stock for every twenty shares owned as of such date. The additional shares will be distributed on July 1, 2008. A shareholder who would otherwise be entitled to receive a fractional share will receive cash in lieu of such fractional share in a proportional amount based on the closing price of the stock on the record date.

Established in 1925 and operating nationwide and internationally, Servidyne provides comprehensive energy efficiency, infrastructure upgrade, and productivity management solutions to building owners and operators, and engages in commercial real estate investment and development. The Company’s building performance products and services enable customers to optimize the short-term and long-term financial performance of their building portfolios, while reducing their carbon footprints and improving the comfort and satisfaction of their buildings’ occupants. These offerings include comprehensive sustainability programs, energy engineering and energy management analytical consulting services, turnkey implementation of energy savings and other infrastructure upgrade and retrofit projects, and proprietary Web/wireless preventive maintenance and service request systems with integrated utility and maintenance reporting. The Company also owns or controls shopping centers in the Midwest and Southeast and office properties in metropolitan Atlanta, Georgia. 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.