Smartcool Systems Inc. (TSXV: SSC), an advanced energy savings technology company, is pleased to announce it has signed an agreement to share in the energy savings generated from the installation of the Energy Savings Module with Sienna Golf Club located in Las Vegas, Nevada.

 

"Smartcool's Green Technology Hits the Green in Las Vegas"

Under this program Smartcool installs the ESM , collects data for a one month period to verify the KW savings and calculates the annual savings available to the customer. In consideration for Smartcool installing the equipment at it's cost, the customer agrees to share the monthly savings equally with Smartcool and also authorize the Utility to pay the rebate directly to Smartcool which will offset some of the capital cost of the equipment to be installed.

The benefit to the customer is the increase in monthly cash flow as expenses are reduced. The benefit to Smartcool is the recurring revenue it can receive during these five year renewable contracts.

This first install of a golf course facility will allow Smartcool to grow its business in this area through associated golf facilities. Smartcool has been actively marketing to Golf courses in the area due to favourable ambient conditions and high energy consumption seen in these facilities. Smartcool is in discussions with a number of other courses to enter into trial agreements.

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 validatedby 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.

 

Investor Inquiries

Mike Kordysz
Tel: +1 604 904 8632
mike.kordysz@smartcool.net

TSX-V: SSC
OTC: SSCFF
Frankfurt: R3W

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