Investors

First phase installation provides a 19.5% Energy reduction, delivering significant Financial and Environmental Benefits

Vancouver, BC. April 26, 2017, Ted Konyi, CEO, Smartcool Systems Inc. (TSX-V:SSC)(OTCQB-SSCFF) is pleased to announce that the company has successfully completed the first phase of installations at Cleone Foods Ltd. in Birmingham, U.K.

Energy reduction of 19.5% was recorded and has provided significant financial and environmental benefits. An impressive return on investment is estimated at 14 months.

The Smartcool technology was applied to two Copeland scroll compressors, providing cooling to freezers at the food processors’ main plant. Independent measurement of energy savings was completed using Owl Energy Loggers in accordance with IPMVP (International Performance Measurement Verification Protocol). Based on these results Smartcool technology will now be installed on the balance of the refrigeration plant at this location.

Nick Weedon, Smartcool’s National Sales Manager responsible for the Cleone Foods Ltd. said "This install was another successful project designed and executed by the Smartcool UK team. The application on Refrigeration plant for Cleone Foods Ltd. broadens the base of Smartcool installations bringing both financial and environmental benefits. Working with Wade Lyn and his management team was a win-win experience accomplishing multiple goals for their enterprise. We look forward to working with Wade on the second phase along with other projects within his group."

Wade Lyn, owner of Cleone Foods Ltd. commented "we are always looking for ways to reduce both our costs and our carbon footprint. Smartcool is a technology that is helping us achieve those goals. We thank Nick and his team at Smartcool UK for their efforts to assist us with these goals."

About Cleone Foods
Cleone Foods was formed in 1988 and are the UK’s largest manufacturer of Jamaican patties. Under its “Island Delight” brand, the Birmingham based company employ 70 people and sell 200,000+ patties each week, accounting for over half (55%) of the UK pattie market. From humble beginnings, Wade Lyn has grown the business significantly, his products can be found in 100’s of supermarkets throughout the UK, including ASDA, Tesco and Sainsbury’s stores.

Cleone Foods also have a zero-waste-to-landfill commitment since 2009. The company have consistently received awards which include HRH Prince Charles’ Resonsible Business Ambassador Award and the Santander Responsible Small Business of the Year. Wade Lyn was also honored with receiving a CBE for services to industry by HRM Queen Elizabeth II in 2013, and is the Jamaican Consul for the Midlands and Northern England.

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