SmartCool Systems Inc. has recently signed a contract between its Spanish sales channel Enertek and the largest Spanish telecoms service provider Telefonica Espana, for the implementation of Smartcool's Energy Savings Module (ESM) technology to over 40 site locations within the Spanish regions of Madrid, Catalunya, Pais Vasco and Valencia.

 

The contract, signed in early December, calls for the installation of the ESM units to be concluded by the end of February, 2010. Telefonica SA is one of the world's largest telecommunications companies. Its activities are centred mainly on the fixed and mobile telecommunications industry, while its broadband business is the key growth driver underpinning both. The company operates in 25 countries boasting a customer base exceeding 268 million across the globe. In Spain, the group has over 85 years experience with more than 15 million fixed lines, more than five million data and Internet access, and more than 23.4 million mobile customers.

The excitement around this signing was further highlighted by George Burnes, president and chief executive officer of Smartcool Systems, who stated, "We are delighted to be working with a telecommunications industry leader of such magnitude, and look forward to further expansion in this market vertical within the European region." Mr. Burnes went on to add that the rollout proves to further underline the capabilities of Smartcool's energy efficiency technologies within the market, as well as the company's effectiveness in providing a significant and economical energy cost-saving solution.

About Enertek

Enertek is an engineering consultancy created in 2004, with an office in the Basque country that provides its Spanish customers a team of skilled technicians in all matters related to energy savings. The firm has established its position within the supermarket, hotel, food processing, telecommunication and chemical industrial sectors, with the purpose to provide services focused on energy efficiency, with concrete profitable results, providing customized cooling and lighting solutions, and contributing to the improvement of the environment.

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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