Vancouver, BC. May 9, 2012, Smartcool Systems Inc. (TSX-V: SSC) has reported its audited fourth quarter results for the three months and the fiscal year ended December 31, 2011.
The year ending December 31, 2011 was a challenging year for Smartcool where expectations for revenue growth did not materialize until the fourth quarter of the year, when customer relationships that had been developed throughout the year showed revenue recognition across major retailers in the UK and Europe. Revenue for the fourth quarter was $1,937,749 up 45% from the previous year. This was the highest revenue generating quarter in the Company’s history.



