VANCOUVER, BC. 3/9/2011 Smartcool Systems Inc. (TSX-V: SSC) is pleased to report that Ecopower Pvt Ltd, an independent distributor of Smartcool technology in India, has completed a successful energy efficiency project at the Prestige Tech Park in Bangalore. The project saw the installation of Smartcool's ESM™ on two centrifugal chillers at the site, cutting their energy usage by 13% and giving the Prestige Group a return on investment in under 8 months.

"We were initially promised a 10% savings by Ecopower and are extremely happy to see that this product is delivering more than the promised savings," says Lt. Col. Sree Kumar, the Senior VP of Property Management at Prestige Group. "We are now interested in taking up further Smartcool installations at our other commercial sites, hotels and malls."

Mr. Siddharth Patel, Commercial Director at Ecopower explains, "Prestige Group is one of the largest and best known property development companies in South India, and the success of this project is already opening up major opportunities for us to bring Smartcool's technology to all corners of the commercial real estate industry."

"With skyrocketing demand for electricity, limited generation capacity, and considerable HVAC-R use, India offers a massive market for Smartcool's products," states Steven Martin, Executive VP at Smartcool. Our ECO3™ and ESM™ offer a cost effective solution to businesses across the country, and we look forward to continued success with companies like Ecopower and the Prestige Group."

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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