Trouble w/ browserify and fileify

server.coffee

# ...

browserify  = require 'browserify'
fileify     = require 'fileify'

# Set up the browserify client bundle.
bundle = browserify
  watch: true

bundle.use fileify("templates", "#{__dirname}/../../client/site/projects")

# Error on this line
bundle.addEntry "./client/site-main.coffee"


# ...
app.use bundle

stack-trace

Error: Cannot find module "templates" from directory "/home/x/code/stratus-js/client/site/projects"
    at Function.<anonymous> (/home/x/local/lib/node_modules/browserify/lib/wrap.js:333:19)
    at Function.require (/home/x/local/lib/node_modules/browserify/index.js:151:28)
    at /home/x/local/lib/node_modules/browserify/lib/wrap.js:411:14
    at Array.forEach (native)
    at Function.<anonymous> (/home/x/local/lib/node_modules/browserify/lib/wrap.js:410:27)
    at Function.require (/home/x/local/lib/node_modules/browserify/index.js:151:28)
    at /home/x/local/lib/node_modules/browserify/lib/wrap.js:137:14
    at Array.forEach (native)
    at Function.<anonymous> (/home/x/local/lib/node_modules/browserify/lib/wrap.js:135:22)
    at Function.addEntry (/home/x/local/lib/node_modules/browserify/index.js:151:28)