Mr. Ted Konyi reports

SMARTCOOL ANNOUNCES RECORD BREAKING SALES FOR OCTOBER 2018

Smartcool Systems Inc.'s sales for the month of October exceeded $1-million. This is the highest monthly sales achieved in the company's history.

"This is a tremendous accomplishment for the company and is a function of what has been coming together for us in the last year," explained chief executive officer Ted Konyi "The acquisition of Total Energy Concepts (TEC) and the move from in-house sales to an agency agreement in the U.K. have significantly contributed to this result. The global acknowledgment of climate change and the resulting drive to reduce carbon emissions, combined with ever increasing utility rates, improved costs of efficiency technologies and IoT-based energy monitoring is driving companies and governments to seek efficiency measures."

The majority of the sales generated in October are with national and international multilocation clients, which should lead to significant follow on sales activity.

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.

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