Mr. Ted Konyi reports

SMARTCOOL HVAC OPTIMIZATION TECHNOLOGY DEPLOYED IN CRITICAL ENVIRONMENT AS COOLSAVE TEAM SECURE WIN WITH CENTRAL UK GOVERNMENT ORGANIZATION

Smartcool Systems Inc.'s agency partner, CoolSave, has successfully installed Smartcool ESM technology in a critical environment for a department in the United Kingdom central government.

CoolSave identified the opportunity that would benefit from Smartcool's ESM energy reduction technology. Working for one of the company's biggest customers but in a new site, Smartcool found that the Smartcool ESM installation is saving over 70,000 kilowatt-hours and gives the company's customer a return on investment of over 30 per cent.

Environmental emission benefits of this single installation are savings of 31,000 kilograms annually of carbon dioxide (CO2), a greenhouse gas (GHG), approximately six acres of tree equivalent annually and enough electricity to power 24 homes for a year.

Independent, device-level submetering was then installed to measure energy consumption at device level and categorically prove the savings as part of the company's commissioning procedure for customers. This enables customers to fully validate results through an easily accessed Web portal.

Matt Sandell, commercial director of CoolSave, said: "Securing projects like this, which is a repeat order from one of our biggest customers, shows the confidence we have built as a team in the U.K. energy efficiency market. It is fantastic to be operating in another prestigious and secure site as well as a clear demonstration of the success we are building in the U.K.

"CoolSave use IoT [Internet of things] technology to prove savings to our customers at device level and it is a real game changer in the way we operate that has ultimately led to repeat business, and, although the customer cannot be named for security reasons, the revenue we are generating as a result is the only evidence we need.

"CoolSave has built up a great customer base in the U.K. for Smartcool technologies and is now securing repeat business with an open approach to showing customers what these technologies can do for them.

"Smartcool technology will bring both financial and environmental benefits to customers we work with. We are able to give back valuable information about where energy is really being consumed in customer's buildings and, at the same time, categorically show the difference our Smartcool technology can make when it comes to reducing energy usage."

About Smartcool Systems Inc.

Smartcool provides cutting-edge energy-efficient and energy cost reduction solutions for businesses around the world. The ECO3, ESM and ECOHome are Smartcool's unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by up to 40 per cent.

We seek Safe Harbor.