Sierra Monitor Corporation Announces Financial Results for the First Quarter Ended March 31, 2008

Sierra Monitor Corporation (OTCBB: SRMC), a Cleantech focused company that delivers information technology for environment measurement and control by developing specialized embedded software deployed on proprietary hardware platforms, today announced financial results for the first quarter ended March 31, 2008.

Financial Highlights

--  First quarter revenues were $3.1 million, an increase of 11% year-over-
    year;
--  Income from operations increased 75% to $129,507 compared to the first
    quarter of 2007;
--  First quarter net income of $63,818 is up 45% from the first quarter
    of the prior year; and
--  Achieved eleventh consecutive quarter of profitability.
    

2008 Business Highlights

--  Introduced a Network-Enabled Smart IT Gas Sensor Module;
--  Awarded Patent Number 7,332,996 by the US Patent and Trade Office for
    a new environment control system which is used by telecommunication
    companies' cell phone sites to monitor specific devices whose status may
    have an impact on the environmental condition at each cell site;
--  Increased sales of ProtoCessor products 8% year over year; and
--  Recertified the company under ISO 9001:2000 for an additional three
    years.
    

First Quarter 2008 Financial Results

Total sales for the quarter ended March 31, 2008 were $3,136,798, an increase of 11% from the $2,823,211 reported for the same period of 2007.

Sierra Monitor posted GAAP net income of $63,818, or $0.01 per share (basic and diluted), for the quarter ended March 31, 2008, compared to GAAP net income of $44,139, or $0.00 per share (basic and diluted) for the same period of 2007.

Sierra Monitor posted non-GAAP net income of $155,618, or $0.01 per share (basic and diluted), for the quarter ended March 31, 2008, compared to non-GAAP net income of $82,547, or $0.01 per share (basic and diluted) for the same period of 2007.

"The Sierra Monitor team has continued to produce an excellent order flow resulting in an 11% increase in sales and a 46% increase in our net income year-over-year," said Gordon Arnold, Chairman and Chief Executive Officer. "We continue to be focused on opportunities in growth markets including Cleantech, energy efficiency and industrial safety. I am also pleased that Sierra Monitor was awarded a patent for our unique environmental control system."

Cash Position

Sierra Monitor had $645,556 in cash at March 31, 2008. Receivables at March 31, 2008 were $1,959,226. The Company's Days Sales Outstanding in Accounts Receivable (DSO's) was 56 days.

About Sierra Monitor Corporation

Sierra Monitor delivers information technology for environment measurement and control by developing specialized embedded software that is deployed on proprietary hardware platforms. Embedded software enables data transfer between subsystems using protocol and physical medium translation. Proprietary hardware platforms allow the Company to increase its value proposition while protecting intellectual property.

The Company's vision is to capitalize on the expanding worldwide demand for Cleantech knowledge-based products and services that improve operational performance, productivity, efficiency and safety in building automation, industrial and military applications, while reducing demands on resources and energy consumption.

Sierra Monitor's hardware platforms include original equipment modules for installation in customer devices and controllers, gateway boxes generally used by integrators for machine to machine (M2M) protocol translation, and multi-component safety systems generally focused on gas and fire detection.

By providing an intelligent interface, the Company's products enable various machines, devices, systems and people to reliably communicate useful information for the measurement and control of various environments including buildings, plants, and factories. By delivering the data on various communications levels, including Ethernet, Internet, LONworks, Profibus, and others, the Company's products make it possible for data to be accessed at more appropriate levels, such as network operations centers, control rooms or remote locations.

Sierra Monitor is an industry leader with more than 15,000 installations worldwide.