Vancouver, BC. February 3, 2016 Smartcool Systems Inc. (TSX-V:SSC)(OTCQB-SSCFF) is pleased to announce its distribution partner Bricks and Bits was selected by the Property Management department of Magyar Telekom Nyrt, a leading Telecom provider in Hungary, to provide Smartcool’s ECO3’s as a solution to decrease the annual energy consumption on their high powered air conditioning systems

Bricks and Bits installed Smartcool’s ECO3 units in order to optimize the compressor run time on A/C systems chosen by Magyar Telekom. The initial evaluation period provided substantial energy savings without changing any of the system parameters. Most importantly the air conditioning systems provided the same temperatures in the technology rooms while saving real dollars and reducing CO2 emissions by 142,692 Kg/year.

Due to the success of the results, 92 systems in Budapest, Hungary are now benefiting from the Smartcool technology at the selected sites and Szakali Akos of Magyar Telekom states, "we are planning to extend the installation to further locations in 2016." www.telekom.hu

Steven Martin Executive VP states "We are very pleased to have Bricks and Bits find the success in the telecom vertical especially with the Deutsche Telekom group in Hungary. This should lead to more exposure throughout European countries serviced by the Deutshe Telekom and their subsidiaries."

About Smartcool
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.

About Bricks and Bits
Bricks and Bits is leading provider of energy efficiency solutions and is involved in energy trade projects. Deployed on existing systems. The company’s offering dramatically reduces energy consumption and decreases organizations operating expenses. The company is dedicated to helping customers reduce their carbon footprint and meet their sustainability goals. Bricks and Bits stands by its “risk free” commitment to its customers that result in significant and measurable cost savings. Founded in 2002, Bricks and Bits is a European-based venture with offices in Amsterdam, Warsaw, Budapest, and Prague.

www.bricks-bits.com

Legal Notice Regarding Forward Looking Statements
This news release contains “forward looking statements”. Forward-looking statements are projections of financial performance or future events. Forward-looking statements can be identified by the use of words such as “expect”, “anticipate”, “intend”, “plan”, “believe”, “estimate” and words of similar meaning. Forward-looking statements are based on management’s current expectations and assumptions and they are subject to risks that may cause actual results to differ materially from those expressed or implied by such forward looking statements. Forward-looking statements in this news release include those concerning the company’s belief in the growth opportunities in the United States. These statements are subject to risks that may cause the actual results to be materially different in future periods from those expressed or implied by such forward looking statements. Risks that may prevent or delay the forward looking statements from coming to fruition as anticipated include the availability of working capital, risks inherent in product development, as well as market factors that may increase costs or time to market. It is our policy not to update forward looking statements except to the extent required under applicable securities laws. Further information on the Company is available at www.sedar.com or at the Company’s website, www.smartcool.net.

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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