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Smartcool Systems Inc
Symbol SSC
Shares Issued 234,380,377
Close 2018-10-23 C$ 0.045
Market Cap C$ 10,547,117
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Smartcool subsidiary installs systems at two locations

2018-10-23 12:02 ET - News Release

Mr. Mike Kordysz reports

SMARTCOOL'S TOTAL ENERGY CONCEPTS (TEC) ENERGY SAVINGS SOLUTIONS INSTALLED AT A METAL FABRICATION SHOP AND GROCERY STORE

Smartcool Systems Inc.'s wholly owned subsidiary, Total Energy Concepts (TEC), has successfully installed a number of solutions at a metal fabrication business and a grocery store. Both of these businesses have multiple locations and should result in additional installations. Total sales for these initial two locations exceeded $100,000 (U.S.).

Upon completion of a comprehensive energy audit, a number of energy efficiency technologies were recommended and implemented, with expected savings of greater than 15 per cent of the total energy costs. TEC installed the Smartcool's technology as well as TEC's propriety power factor correction (PFC) technology, voltage conditioning units (VCU), LED lighting and Nano LiquiTec.

PFC's are a proprietary engineered product manufactured by TEC, that reduces energy consumption at the device level by improving the power factor at large inductive loads such as electric motors and compressors.

Nano LiquiTec is a breakthrough synthetic catalyst with graphene and nanotechnology, engineered to create nano-convection for enhanced heat transfer by removing oil fouling, which generates energy saving of up to 40 per cent of the heating, ventilation and air conditioning, or refrigeration system.

Damian Smith, chief executive officer of Total Energy Concepts, commented: "These two businesses are representative of the types of customers we assist with our holistic approach to energy efficiency. They join the over 5,000 installations that TEC have completed in the last 15 years. By combining a number of energy solutions, we are able to achieve greater economic benefits for our customers. We're looking forward to assisting these two customers in their other locations."

About Smartcool Systems Inc.

Smartcool Systems 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.

About Total Energy Concepts

Total Energy Concepts is a national leader in power protection, energy management, power quality, facility grounding and lighting solutions that help companies improve their bottom line by reducing expenses that drastically cut into company profits. TEC focuses on a holistic approach to energy efficiency with proprietary technologies for power factor correction and third party technologies including LED, voltage conditioning and intelligent motor controls.

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