Investors

Vancouver, BC. April 11, 2017 Smartcool Systems Inc. (TSX-V:SSC)(OTCQB-SSCFF) is pleased to announce Frank Lawrence has been appointed, Senior Vice President Cold Chain.

Frank’s responsibilities will include the development of new global marketing and sales strategies for the company in the refrigerated transportation and cold storage verticals. Initially focusing primarily on the North American market place. Frank will head up the company’s new initiative of direct sales to the refrigerated transportation business . The markets of particular interest are in refrigerated transportation (reefer trailers), refrigerated containers and cold storage facilities.

As previously announced, testing was completed on 2 refrigerated trailers, with savings achieved between four to six gallons per day depending on setpoint and outside air. This equates to 17% to 25% of the fuel consumed for refrigeration units on transportation trailers.

Fuel costs represent one of the largest operating costs for food distribution companies. World food distribution burns billions of gallons of diesel to generate cooling. Diesel costs vary significantly depending on government taxation. Diesel in the US currently averages $3.50/gallon while in Europe costs of diesel averages $6.50/gallon. To be able to save between $14 and $21 per day, per truck, for owners/operators of fleets represents a major reduction in operating costs. In Europe, these daily savings would be close to double.

Ted Konyi commented, "Frank is very dynamic and brings an entrepreneur style of business development. He is a business leader, with an extensive track record of successfully fostering new and existing business objectives. With 6 installations to date on refrigerated containers Frank is well versed in the Smartcool technology already."

Frank Lawrence comments, "Smartcool is a great fit for me. Its Canadian, it offers unbelievable ROI for its clients and it saves the environment. In my 25 years in technology consultation I believe Smartcool is my best career option as it peaks both my passion for technology, combined with the fact that it is one of the few products on the market that actually have 'Show Me' Value."

About Frank Lawrence
Frank attended Carleton University before finding his passion for technology at Algonquin College in Business Information Systems. Frank is a passionate leader with first class communication skills and a long track record of successfully management. Frank is a strategic and operational leader, with extensive North American and international business management experience. He is highly regarded as a visionary creator of strategies and business plans who have consistently delivered record-setting corporate achievements in revenue growth and profit enhancements for the companies who have received his services.

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.

Legal Notice Regarding Forward Looking Statements
This news release contains “forward looking statements”. Forward-looking statements are projections of financial performance or future events. Forward-looking statements can be identified by the use of words such as "expect", "anticipate", "intend", "plan", "believe", "estimate" and words of similar meaning. Forward-looking statements are based on management’s current expectations and assumptions and they are subject to risks that may cause actual results to differ materially from those expressed or implied by such forward looking statements. Forward-looking statements in this news release include those concerning the company’s belief in the growth opportunities in the United States. These statements are subject to risks that may cause the actual results to be materially different in future periods from those expressed or implied by such forward looking statements. Risks that may prevent or delay the forward looking statements from coming to fruition as anticipated include the availability of working capital, risks inherent in product development, as well as market factors that may increase costs or time to market. It is our policy not to update forward looking statements except to the extent required under applicable securities laws. Further information on the Company is available at www.sedar.com or at the Company’s website, www.smartcool.net.

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

Investor Inquiries

Mike Kordysz
Smartcool Investor Relations
Tel: +1 604 904 8632
Email: mike.kordysz@smartcool.net
Press Release RSS

Press Release RSS

Latest Press Releases

Smartcool Announces New CEO

Vancouver, BC. December 22, 2014, Smartcool Systems Inc. (TSX-V: SSC) is pleased to announce the addition of Theodore (Ted) Konyi to the executive team of the company, effective January 1, 2015. Mr Konyi, the founder of Smartcool, has now agreed to return as CEO to lead the company as it launch...

Refrigerated Trailer Testing yields average Daily Savings of 4.7 gallons of Diesel

Vancouver, BC. December 17, 2014, Smartcool Systems Inc. (TSX-V: SSC) is pleased to announce that the testing has been completed on a Refrigerated trailer, with savings achieved between four to six gallons per day depending on setpoint and outside air. This equates to 17% to 25% of the fuel co...

Smartcool Distributor Succeeds in Turning Car Dealerships Green

Vancouver, BC. December 15, 2014, Smartcool Systems Inc. (TSX-V: SSC) is pleased to report that Total Energy Concepts (TEC) has successfully installed Smartcool's ECO3 technology in 20 auto dealerships across the United States. With a growing concern about GHG (Green House Gas) emissions due to ...

Ener-Tech Cashing in on Smartcool ECO3 in Las Vegas

Vancouver, BC. October 20, 2014, Smartcool Systems Inc. (TSX-V: SSC) is excited to announce that it has recently signed a distribution agreement with Ener-Tech of Las Vegas, Nevada. Ener-Tech is utilizing the Smartcool's ECO3 product to optimize the performance of the air conditioning and heat pu...

Smartcool Signs Tri-Caribbean Energy as a Key Distribution Partner

Vancouver, BC. October 9, 2014, Smartcool Systems Inc. (TSX-V: SSC) is pleased to announce that it has signed a distribution agreement with a new Distribution Partner in the strategically significant Caribbean market. Tri-Caribbean Energy has begun to sell Smartcool's ECO3 product in order to opti...

Smartcool Confirms Test Refrigerated Trailer Uses Up to 28 Gallons of Diesel per Day in the Refriger…

Vancouver, BC. October 1, 2014, Smartcool Systems Inc. (TSX-V: SSC) is pleased to provide an update on the refrigerated truck testing initiative previously updated on September 17, 2014. As the compressor of a refrigerated trailer is driven by an independent diesel engine with its own fuel supp...

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

Vancouver, BC. September 17, 2014, 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 Smar...

Smartcool Signs Agreement with New Distributor Targeting Residential Markets

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 broad...

Smartcool Provides Update of Testing for Introduction to Refrigerated Transportation Sector

Vancouver, BC. August 15, 2014, Smartcool Systems Inc. (TSX-V: SSC) is please to provide an update on the beta testing initiative announced on July 8, 2014, with a Florida-based food distribution firm.  The goal of this phase is to determine the impact of the Smartcool technology on compressor ...

Smartcool Enters Next Phase of Testing for Introduction to Refrigerated Transportation Sector

Smartcool Systems Inc. (TSX-V: SSC) announced today that it has received approval for beta testing of Smartcool's energy efficiency technology with a Florida-based food distribution firm. This test is the next phase in introducing Smartcool's technology to the refrigerated transportation secto...

Follow Us

Twitter   RSS Feed   YouTube   Linkedin   Facebook

Translate

English French German Italian Portuguese Russian Spanish