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Smartcool Cuts Electricity Costs for Florida Self-Storage Facilities

VANCOUVER, BC. 2/3/2011 Smartcool Systems Inc. (TSX-V: SSC) has completed a 214 unit deployment of the industry-leading ECO3™ by regional distributor Global Energy Services (GES) to 13 self-storage facilities operated by Veritage Management Inc.

"This latest deployment of the ECO3™ is evidence of our increasing traction in a rising industry," explains George Burnes, President & CEO of Smartcool. "As the 'empty nester' population increases, there has been significant growth in the climate-controlled self-storage industry. Smartcool is providing an exceptional energy efficiency solution for the industry's air conditioning systems, that ensures climate control is maintained while operating costs are cut."

"With the record high temperatures we experienced all summer long in 2010, we must find an answer to lower our electricity bills in Florida. Smartcool's technology is an important part of our solution," states Matt Lundstrom, Vice President of Veritage Management Inc.

The rollout was prompted by an extremely successful evaluation of Smartcool's technology at a Bee Ridge Storage facility in Sarasota, FL. "Our installation of Smartcool's ECO3™ gave Veritage impressive energy efficiency gains of 26% on the eleven air conditioning units included in the trial," says Bob Burton, VP Sales for GES. "This gives Veritage considerable relief from their high electricity bills, and a return on investment of 70% for the first year."

About Global Energy Services

Global Energy Services, headquartered in St. Petersburg, Florida, specializes in sustainable energy, conservation, green initiatives and new technologies. www.globalenergysvcs.com

About Smartcool

Smartcool Systems Inc. (TSX-V: SSC) delivers cutting edge energy efficiency and cost reduction solutions for businesses around the world. The ESM™ and ECO3™ are Smartcool’s unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems. Energy savings achieved by the ESM™ and ECO3™are quantifiable and the products can qualify for government and utility rebates. The technology has been validated by rigorous third party testing, government organizations and private business installations.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

 

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