ELECTROHOME'S SHAREHOLDERS APPROVE THE SALE OF THE CORPORATION'S TRADE-MARKS 

Kitchener, Ontario - May 10, 2007 -- Electrohome announced today that its shareholders voted in favour of approving the sale of Electrohome’s trade-marks and a related licensing agreement for $1.5 million. The sale is scheduled to close on January 1, 2008 (the “Closing Date”) and is subject to the non-objection by TSX Venture Exchange. Electrohome will continue to collect royalties from use of the trade-marks until the Closing Date.

Proceeds from the sale will be used to fund operations while Electrohome’s remaining assets and liabilities continue to be monetized and/or resolved.

Electrohome’s business is principally that of a holding company with a 31% interest in Mechdyne Corporation (previously referred to as Fakespace Systems) which is the largest international company operating exclusively in the advanced visualization marketplace. Electrohome will continue to receive royalty income under two licensing agreements for the use of the Electrohome trade-marks until January 1, 2008 at which time the trade-marks will be sold for $1,500,000. Electrohome’s obligations primarily consist of post-employment benefit costs and environmental remediation associated with a previously discontinued operation.

Electrohome’s shares are traded on the NEX board of the TSX Venture Exchange under the symbols ELL.H, Class X voting shares and ELL.K, Class Y non-voting shares. Trading data for these shares can be found on www.tsx.com/en/nex/index.html. Electrohome’s regulatory filings including its Annual Report, Audited Financial Statements, Management Discussion and Analysis, Proxy Information Circular, Annual Information Form and all other interim filings can be found on www.sedar.com. Also visit Electrohome’s website at www.electrohome.com.

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

###

For further information, contact John A. Pollock, Chairman and Chief Executive Officer or Gary Dumoulin, Vice-President and Secretary at (519) 749-3319.