Smartcool Systems Inc. (TSXV: SSC), is pleased to announce that Smartcool Systems International Inc., a 100% wholly owned subsidiary, has signed an Electricity Cost Reduction Sales Agreement with Barbados Dairy Industries Ltd. ("BDI"). The agreement provides for the installation of Smartcool's Energy Savings Module (ESM™) in order to provide reduced electricity consumption related to the refrigeration compressors in BDI's St. Michael, Barbados facility.

 

Smartcool evaluated BDI's facility and calculated electricity consumption reduction of approximately 370,000kWh per annum for the operations. This will provide for approximately $50,000 annualized cost savings and reduce annual greenhouse gas emissions by just less than 500,000lbs. This can be equated to providing electricity to 35 homes per annum and the greenhouse gas reduction is equivalent to planting approximately 271 acres of trees.

The installation site is a full service dairy production facility including ice banks, manufacturing, cold storage area, ice-cream freezing and container refrigerators. In addition, Smartcool is installing an ESM™ to further maximize the efficiency of the compressors servicing the corporate offices air conditioning system.

"This installation represents one of Smartcool's largest single site installations the Company has done over the last 12 months," states George Burnes, President. "Furthermore, there is potential for further expansion into other facilities within this beverage conglomerate."

About Barbados Dairy Industries Ltd.:

Barbados Dairy Industries Ltd. is a subsidiary of Banks Holdings Limited ("BHL") one of Barbados' most successful public companies and the island's largest beverage conglomerate. BHL produces leading international brands under license such as Coca-Cola, Sprite and Guinness; local originals like Frutee and Tiger Malt; and their signature product - Banks Beer, Barbados' best loved lager. BHL offers juices, juice drinks, fresh milk and cultured products including yogurt, ice cream, sour cream and cottage cheese.

BDI brings to the consumer a wide range of pasteurised, evaporated and UHT long-life milks and juices in a variety of flavours. Cultured products such as yogurts, ice-cream and cottage cheese are also available. Through these quality offerings, and spirited market penetration the island's lone dairy has established its products as a staple on the Barbadian table. BDI's "Pine Hill" brands have been able to gain a foothold in 13 markets including the United States tri-state area. Airline flight kitchens and cruise ships are also regular patrons. For more information, please visit www.banksholdings.com.bb.

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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