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SmartCool Systems Inc
Symbol SSC
Shares Issued 89,017,297
Close 2014-09-16 C$ 0.045
Market Cap C$ 4,005,778
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ORIGINAL: Smartcool Provides Update of Testing for Fuel Savings in The Refrigerated Transportation Sector

2014-09-17 09:10 ET - News Release

Smartcool Provides Update of Testing for Fuel Savings in The Refrigerated Transportation Sector

Canada NewsWire

VANCOUVER, Sept. 17, 2014 /CNW/ - Smartcool Systems Inc. (TSX-V: SSC) is pleased to provide an update on the beta testing initiative announced on July 8, 2014 and updated on August 13, 2014 with a Florida-based food distribution firm. The goal of this testing is to determine the impact of the Smartcool technology on compressor optimization and the amount of fuel being reduced due to the Smartcool technology.

As previously reported the Smartcool technology has shown on average a 20% reduction in compressor run time on the refrigerated trailer and we are now validating the fuel reduction in gallons.

As the compressor of a refrigerated  trailer is driven by an independent diesel engine with its own fuel supply source, Smartcool has now installed calibration flow meters to measure the supply and return flow rates of the diesel throughout the system. This measurement is required to determine fuel consumption with and without Smartcool technology optimizing compressor efficiency. 

Two identically loaded trailers have been sequestered from the fleet and the flow meters, temperature sensors, cabling and enclosures have been installed.   Data is now being collected, which will determine the amount of fuel being consumed with Smartcool technology on and off. Preliminary data will be available in the next two weeks.

Smartcool is preparing a sales and marketing roll out strategy during the testing phase that will allow dissemination of results to existing and new sales channels interested in this new market vertical for the Smartcool technology.

Refrigerated trailers burn an average of 1 gallon of diesel per hour to maintain temperature. Food distribution companies operate in a very competitive marketplace with paper thin margins. The potential for 20% savings in fuel consumption for the cooling engine would be a game changer for the industry. Discussions have commenced with a number of significant launch customers.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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. 

SOURCE SmartCool Systems Inc.

Contact:

WEB www.smartcool.net and www.smartcooleco3.com; EMAIL info@smartcool.net; Investor inquiries, Mike Kordysz, TEL +1 604 904 8632, EMAIL mike.kordysz@smartcool.net

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