Skip to Content

Press Release

Smartcool Announces New Distributor in Ireland 
   
     

VANCOUVER, BC--(Marketwired - May 04, 2016)      -  Smartcool Systems      Inc. (TSX VENTURE: SSC) (OTCQB: SSCFF) is pleased to announce the addition of a new      distributor operating primarily in Ireland (Northern Ireland and Republic of      Ireland) and branded as "Smartcool Ireland." While the agreement was signed in the      fourth quarter of 2015, there has been considerable activity in the early part of      this year. Several pilot installations of Smartcool's energy efficiency technology      have been completed across various market sectors.

     

Most recently, Smartcool Ireland was invited to exhibit at "The Energy Event 16"      in Dublin in the Energia Group booth, showcasing Smartcool's HVAC efficiency      technology. Energia Group is part of the Viridian Group, providing electrical      energy to customers in Ireland. There was significant interest in Smartcool      products at the show from companies in the Health, Technology, Manufacturing and      Telecom sectors. This has lead to requests for quotations with numerous public and      private sector enterprises.

     

Smartcool Ireland has applied for Energy Efficiency Grants both in Northern      Ireland and the Republic of Ireland. Business Director of Smartcool Ireland Cormac      Mac Artain commented, "We are very confident that pending preliminary monitoring      and verification of the product's saving performance, that our application will be      successful and we are very excited to initiate the roll out of the Smartcool      product range to the Commercial/Industrial sector on the Island of Ireland over the      remainder of 2016 and beyond."

     

Steven Martin, EVP UK and EMEA, stated, "We are very pleased to be working with      Cormac and his team in Ireland. The high level of interest demonstrated at the      recent Energy show, suggests that many new sales may be forthcoming. Ireland has      one of the highest electricity kWh costs in Europe. Should Smartcool Ireland be      awarded efficiency grants, this would create significant additional incentive to      deploy Smartcool's energy efficiency technologies in Ireland."

     

About Smartcool

     

Smartcool Systems Inc. (TSX VENTURE: 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.

     

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 UK. 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.

     

For further information

     

WEB www.smartcool.net and www.smartcooleco3.com EMAIL info@smartcool.net

   
   
     

Investor inquiries:
      Mike Kordysz
      Vice President, Investor Relations
      TEL +1 604 904 8632
      EMAIL mike.kordysz@smartcool.net

   
   
 

 
    Source: Marketwired (Canada) (May 4, 2016 - 9:00 AM EDT)
   
    News by QuoteMedia
    www.quotemedia.com