Vancouver, BC - September 8, 2004. SmartCool Systems Inc. (TSV:SSC), is pleased to announce that it has signed an amendment to its licensing agreement with Abbotly Technologies Inc. that greatly increases the size of its exclusive distribution territory. The Company's original license agreement, signed on October 13, 2003, gave SmartCool the exclusive right to market and distribute Abbotly technologies throughout Canada and the state of New York.

 

The current amendment adds the states of Arizona, Nevada, New Hampshire, Rhode Island, Massachusetts, Connecticut, Colorado, New Mexico, Vermont, Maine, and New Jersey to the Company's exclusive territory. The increase in territory represents a significant opportunity for the Company. SmartCool now has exclusive distribution rights in a number of states that contain ideal target clients for Abbotly Technology systems. These new territories include densely populated regions, areas with high average outside temperatures, and a significant number of large scale manufacturing companies. The new territories also increase the size of the Company's territory, based on population, by 43%.

About Abbotly Technologies:

Abbotly is a technology that reduces electric usage on air conditioning and refrigeration compressors by 10 - 25%. Abbotly worldwide has more than 20 years experience in cutting compressor run time thus reducing electrical bills, while maintaining the desired temperature. Estimates of the annual reduction in electricity consumption related to installed Abbotly technologies is approximately 213,000 Mwh. This represents a reduction of greenhouse gas emissions of about 250,000 tonnes.

The Energy Savings Module ("ESM") works in conjunction with existing compressor equipment. It does not replace it. It will even improve upon existing energy savings systems. It does cause compressors to work at maximum efficiency but does not allow or cause over-cycling.

About Smartcool

Smartcool Systems Inc. (TSX-V: SSC) delivers cutting edge energy efficiency and cost reduction solutions for businesses around the world. The ESM™ and ECO3™ are Smartcool’s unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems. Energy savings achieved by the ESM™ and ECO3™are quantifiable and the products can qualify for government and utility rebates. The technology has been validatedby rigorous third party testing, government organizations and private business installations.

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

 

Investor Inquiries

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