Vancouver, BC. December 22, 2014, Smartcool Systems Inc. (TSX-V: SSC) is pleased to announce the addition of Theodore (Ted) Konyi to the executive team of the company, effective January 1, 2015. Mr Konyi, the founder of Smartcool, has now agreed to return as CEO to lead the company as it launches new technologies and services in the energy efficiency marketplace. Mr Konyi will also join the Board of Directors.
Mr George Burnes who has led the company as President and CEO for many years will stay on as President and will continue to be responsible for managing the day-to-day operations of the company.
"Smartcool has been transitioning to new product and technology offerings over the last year that address significantly larger markets at a lower price point and yet are substantially more profitable," said Ted Konyi. "These new technologies will dramatically increase the addressable market for Smartcool and will contribute to a business model that can scale. I am looking forward to leveraging my strategic skills and working with George Burnes to more pro-actively contribute to successfully grow Smartcool."
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Smartcool Systems Inc. (TSX-V: SSC) provides cutting edge energy efficient and energy cost reduction solutions for businesses around the world. The ECO3 and ESM are Smartcool's unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by 15% to 20%, giving customers a return on investment in as little as 12 months.