Investors

Golf Club installation provides a 31% Energy reduction, delivering significant Financial and Environmental Benefits

Vancouver, B.C. February 6, 2018.  Ted Konyi, CEO, Smartcool Systems Inc. (TSX-V: SSC, OTCQB: SSCFF, FSE: R3W) is pleased to announce that the company has successfully completed an installation at Sandford Springs Golf Club & Hotel. in Kingsclere, Reading, U.K.

An energy reduction of 31% has been initially recorded and will provide significant financial and environmental benefits. An impressive return on investment was achieved, The Smartcool technology will now be installed on further Leaderboard sites, The Oxfordshire and Dale Hill golf resorts are due to be completed within the next few weeks.

The Smartcool technology was applied to a number of Mitsubishi Heat Pumps along with various other A/C units. Independent measurement of energy savings is being carried out by using Panoramic Power energy sub-monitoring in accordance with IPMVP (International Performance Measurement Verification Protocol).

Nick Weedon, Smartcool’s National Sales Manager responsible for the Anesco and Leaderboard account said, “This install is another successful project designed and executed by the Smartcool UK team. The site was quick to install and has delivered instant savings that have already surpassed expectations. This further broadens the base of Smartcool installations bringing both financial and environmental benefits. Working with Tom Moran and his management team was a win-win experience accomplishing multiple goals for their enterprise. I look forward to working with Tom on subsequent sites and projects within his group.”

About Leaderboard Golf

Leaderboard Golf Ltd are a company that owns four renowned Golf Clubs in the South of England, including The Oxfordshire Golf Club near Oxford, Sandford Springs Golf Club near Basingstoke, Dale Hill Golf Club near Tonbridge and The Royal Tunbridge Wells & Chart Hills Golf Club near Ashford in Kent.

Leaderboard are dedicated to re-development upon purchase of any course, improving the facilities to ensure they are among the very best in their respective regions. They currently employ about 200 staff and are committed to driving down energy and improving the environment.

About Anesco

Anesco were founded in 2010 and were born out of SSE who is one of the UK’s leading energy suppliers. Anesco employs about 150 permanent members of staff and up to 600 contractors at any one time. With reported revenue of £213.7m and an operating profit of £24.6m in 2016 it has ensured their continued stay in The Sunday Times Fast Track 100, toping it twice in 2013 and 2014. Their continued success has seen them collect multiple national awards in the energy efficiency market place.

About Smartcool

Smartcool Systems Inc. (TSX-V: SSC OTC: SSCFF FSE: R3W) 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 up to 40%, giving customers a return on investment in as little as 12 months.

For further information

www.smartcool.net | www.smartcooleco3.com | EMAIL  This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Investor Inquiries

Mike Kordysz,
Vice President, Investor Relations
TEL +1 604 904 8632 | EMAIL  This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Forward looking statements in this release include those concerning the size and timing of the Offering and the proposed use of proceeds. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond the Company’s control. These forward-looking statements are made as of the date of this news release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Investor Inquiries

Mike Kordysz
Tel: +1 604 904 8632
mike.kordysz@smartcool.net

TSX-V: SSC
OTC: SSCFF
Frankfurt: R3W

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