Smartcool Systems Inc. is pleased to announce the recent completion of a five store installation in Hawaii with the US-based chain, ABC Stores Group. The positive results recorded from this project have not only been deemed impressive from an energy savings aspect, but also from an economical standpoint, resulting in a call for a survey of an additional 20 sites across the Hawaiian Islands.

 

This initial phase saw the ABC group complete installation of Smartcool's Energy Savings Module (ESM), as well as ECO3™ energy saving technologies, on the air conditioning systems across five of its Hawaii-based locations. The sites that were selected provided a representative sample of the ABC portfolio of stores on the Islands of Oahu, Big Island and Maui.

After an in-depth Monitoring and Verification process, all of the above installations recorded impressive energy savings results providing a financial payback of less than 24 months to the ABC Group.

Lloyd Tanji, Project Coordinator for ABC Stores stated "We are very aware of the increasing costs of electricity on the Islands and the impact it has on our cost of doing business. Finding solutions like Smartcool addresses our corporate goals of improving our financial results as well as our responsibility for improving the environment."

Smartcool Systems president and chief executive officer, George Burnes, has stated; "We are extremely pleased with the results of the first phase of installations with the ABC Group, as we look forwarded to not only expand within the ABC Group of stores, but also within the retail sector."

About ABC Stores:

ABC Stores boasts a network of stores spanning the Pacific from its home base in Hawaii to Guam and Saipan, along with its newest location - Las Vegas, Nevada. ABC Stores employ more than 900 Associates. With almost all of its stores open 365 days a year, the brand has also been ranked 37th among Hawaii businesses.

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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