Gastem Inc.
TSX VENTURE : GMR

Gastem Inc.

August 15, 2007 07:00 ET

Gastem Retains Leading Investor Relations Firm

MONTREAL, QUEBEC--(Marketwire - Aug. 15, 2007) - Gastem Inc. ("Gastem" or "the Company"), (TSX VENTURE:GMR) an oil and gas exploration company today announced that it has retained The Equicom Group Inc. ("Equicom") to provide the Company with strategic investor relations and financial communications services.

Equicom provides strategic communications services to approximately 100 public companies across a diverse range of industries. Under the terms of the agreement, Gastem will pay Equicom a monthly retainer fee of $7500 for professional services that Equicom will also provide to Gastem's sister company, Ditem Explorations Inc. The initial contract term is 12 months. Neither Equicom nor any of its principals has an ownership interest, directly or indirectly, in Gastem or its securities, and the Company has not granted Equicom or its principals any right to acquire such an interest.

About Gastem Inc.

Gastem Inc. is an oil and gas exploration company based in Montreal, Quebec, with properties located in the St-Lawrence lowlands, the Gaspe peninsula and West Virginia. Gastem's common shares are listed on the TSX Venture Exchange under the symbol "GMR". For additional information, visit the company's site at www.gastem.ca.

About The Equicom Group Inc.

Equicom, a wholly-owned subsidiary of TSX Group Inc., is Canada's leading provider of investor relations and strategic corporate communications services. With proven expertise in developing and executing highly effective strategic communications programs, and an extensive network of investment community contacts, Equicom specializes in helping clients achieve their capital markets objectives. Equicom offers a comprehensive suite of services including: investor relations, media relations, annual report production, multimedia and web design, web casting, live event management and corporate branding. For further information, please visit www.equicomgroup.com.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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