Vancouver, B.C. - Smartcool Systems Inc. (TSXV: SSC) is pleased to announce the worldwide launch of the ECO3™, an easily installed controller that provides fast return on investment (ROI) for businesses and homeowners seeking energy efficiency and cost savings from their air conditioning and refrigeration systems.

Innovative technology optimizes refrigeration and air conditioning systems, providing quick ROI for an immense global market of retail, commercial and residential customers

ECO3™ is a revolutionary product specifically developed as a state of the art, secondary controller for air conditioning and refrigeration systems. It provides extensive cost savings and environmental benefits by optimizing the energy efficiency of air conditioning and refrigeration systems with one or two compressors. These cooling units are found in millions of buildings worldwide.

"The ECO3™ has been developed using Smartcool's team of knowledgeable professionals who have years of extensive experience in the energy conservation field," said George Burnes, President and CEO, Smartcool Systems Inc.

The ECO3™ addresses an enormous global market that includes telecom providers, retailers, restaurants, grocery and convenience stores, hotels, branch offices and other small commercial spaces, and residences.

"The market opportunities for the ECO3™ are large and compelling," added Burnes. "Air conditioning and refrigeration expenses are significant costs of doing business, especially in warmer climates with expensive energy and electricity. By saving energy and money with the ECO3™, businesses can reinvest in areas that generate revenue and provide competitive advantage."

Smartcool's ECO3™ has already proven itself in retail and commercial applications, offering easy installation and a two to three year return on investment. Smartcool's global network of distributors, which is being enhanced with dedicated ECO3™ focused sales channels, will help Smartcool take best advantage of the ECO3™ introduction and the products' short, straight-forward sales cycle.

"Our customers' early response to the ECO3™ has been more than enthusiastic," said Chris Rogerson, CEO, Smartcool Systems Australia Pty Ltd, Smartcool's independent distributor of the Energy Savings Module (ESM™) and ECO3™ in Australia and New Zealand. "The high cost of energy and the need to reduce costs are paramount concerns for our customers, and many of them have already embraced the ECO3™ for the quick, dramatic benefits it provides."

The key features of the wall-mounted ECO3™ are:

  • significant reductions in compressor run time, which reduces power usage in air conditioning and refrigeration systems
  • compelling price point
  • compatibility with existing equipment and controls
  • proven technology that reduces energy consumption by 15% with no affect on room temperature, humidity or comfort
  • reduced carbon and environmental footprint
  • optimizes the cooling and heating cycles of compressor-driven heat pumps
  • an IP64 rating allows for outdoor installation without additional protection
  • qualifies for rebates in jurisdictions such as California and Florida

"With the ECO3™ introduction, Smartcool now offers a complete product line that perfectly addresses the energy and cost-saving requirements of all markets, from residential homeowners to the largest commercial spaces," said Chris Lefaivre, Vice President of Sales, Smartcool.

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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