Smartcool Systems Inc. (TSXV: SSC) today announced savings results from the first two of a five-store pilot evaluation of its Energy Saving Module ("ESM™") with retail giant, Target Australia Pty. Ltd. ("Target Australia").

The evaluation, which is being conducted by the Company's Australian distributor, Abbotly Technologies Australia Pty Ltd., and paid for by Target Australia, revealed a 30 per cent reduction in KWH usage at Target's St. Mary's store in Sydney, Australia and a 38 per cent reduction at the Burwood store, also in Sydney. The savings provided by the ESM™, which is specifically designed to reduce electricity consumption, and maximize the efficiency of refrigeration and air conditioning compressors by improving their performance while maintaining temperature control, has provided Target Australia with a pay back of less than 36 months on their capital investment.

"We are extremely pleased to see our Australian distributor achieving such positive test results from this pilot evaluation," says George Burnes, President and CEO of Smartcool. "The success of the ESM™ in Target Australia's stores proves its huge potential to save our clients money and earn significant revenues for Smartcool."

Target Australia is owned by Coles Myer -- one of Australia's largest retailers with more than 2,600 stores operating under the brands Target, K-Mart, Coles Supermarkets, Coles Express, Bi Lo Supermarkets, Pick 'n Pay Hypermarkets, Officeworks and Liquor Land. Based on the savings results of the pilot evaluation, SmartCool expects to roll out the ESM™ in 300 Target stores throughout Australia.

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

TSX-V: SSC
OTC: SSCFF
Frankfurt: R3W

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