Vancouver, BC. August 19, 2014, Smartcool Systems Inc. (TSX-V: SSC) is pleased to announce it has signed a distribution agreement with Smartcooling LLC (Smartcooling) and received an initial order of ECO3 units.
Smartcooling is a new independent distributor, formed for the specific purpose of broadening the base of users of Smartcool's technology. Smartcool has traditionally delivered its proprietary compressor optimization algorithm via its ESM and ECO3 hardware platforms to save energy on refrigeration, air conditioning and heat pump systems for larger commercial customers. Smartcooling will be focused on deployment of the ECO3 product to residential users and select small commercial facilities.
The key differentiator of Smartcooling's approach to the market is their ability to provide residential customers with a low monthly financing structure that yields immediate net savings. This removes the potential purchase barrier of an upfront capital expenditure. Results to date have shown this method is successful in winning new business and delivering value to the end customer.