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SERVIDYNE SURPASSES ENERGY STAR MILESTONE

200th Customer Building Achieves Prestigious Energy Star Label

ATLANTA – June 24, 2008 – SERVIDYNE, INC. (NASDAQ – SERV), a building performance efficiency and real estate company, announced today that the number of its customers’ commercial buildings that have successfully achieved ENERGY STAR® Labels recently surpassed 200, ranking Servidyne among the industry’s leading third-party service providers. ENERGY STAR is an energy performance rating system of the U.S. Environmental Protection Agency and the U.S. Department of Energy. This program has measured and rated more than 62,000 commercial buildings since its inception in 1992.

We are certainly proud of earning this distinction, as we continue to provide our customers with the expert guidance that enables their facilities to be recognized among the nation’s most energy efficient buildings, said Alan R. Abrams, Servidyne’s Chairman, President and CEO.

Robert Sauchelli, National Program Manager for the ENERGY STAR Service and Product Provider Program, noted that contributions like Servidyne’s are very significant. Companies that assist commercial property managers and owners in achieving this high energy performance rating play an important part of the success of our program. Without the assistance of organizations like Servidyne, fewer building owners would be able to maintain energy efficient and environmentally responsible facilities.

To-date, five Servidyne customers have achieved ENERGY STAR Partner of the Year Awards by working with Servidyne to demonstrate their commitment to energy efficiency as they realize significant energy cost savings. Servidyne itself is a six-time winner of ENERGY STAR Partner of the Year.

Earning an ENERGY STAR Label is one of the first steps in gaining LEED® (Leadership in Energy and Environmental Design) certification. Servidyne’s engineers evaluate building operations and guide customers in determining which components will benefit most from operational changes, improved preventive maintenance practices, and infrastructure upgrades. Servidyne annually helps numerous buildings reach their sustainability goals, and recently helped a customer in Florida achieve the state’s first-ever LEED for Existing Buildings (EB) Gold Rating.

About Servidyne, Inc.
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 or incorporated by reference in this press release, including without limitation, statements containing the words “believe,” “anticipate,” “estimate,” “expect,” “plan,” “project,” “forecast,” “should,” and words of similar import, are forward-looking statements within the meaning of the federal securities laws. Forward-looking statements in this release include statements regarding the following matters: the Company’s expectations of delivering demand response results as early as this summer; the Company’s anticipation of entering into new contracts with customers served by utilities in California; and the Company’s expectation that its successful demand response efforts last summer will lead to additional new business later this year. Forward-looking statements involve known and unknown risks, uncertainties and other matters which may cause the actual results, performance, or achievements of Servidyne, Inc. to be materially different from any future results, performance, or uncertainties expressed or implied by such forward-looking statements. Factors affecting forward-looking statements in this release include, without limitation, the factors identified under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended April 30, 2009, as updated from time to time in the Company’s Quarterly Reports on Form 10-Q. Servidyne, Inc. does not undertake to update these forward-looking statements.

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