Vancouver, B.C. -- Smartcool Systems Inc. (TSXV: SSC) is pleased to report that Smartcool Systems SEA PTE Ltd., Smartcool's distributor for the Philippines, has signed a Joint Venture Marketing agreement with Davies Energy Systems, Inc., located in Makati, Philippines, to promote energy efficiency technologies throughout the Philippines.

 

The joint venture brings together two companies that have been successful in introducing energy efficiency technologies to the Philippines market place. The Philippines has experienced a rapid increase in demand for electricity and being dependent on fossil fuels to generate power, this has had a significant impact on the environment. In addition, increased demand has also contributed to the escalating cost of electricity for both residential and commercial customers in this region.

"We are extremely excited about working with Davies Energy as Smartcool will now be working with a pioneer of the energy servicing industry in this region," said David Verlee, CEO of Smartcool Systems SEA PTE Ltd. "Davies Energy has a proven track record for providing energy management solutions to some of the largest companies in this region. With their technical expertise and broad distribution, we feel we have created an excellent distribution channel for Smartcool's energy savings technologies."

"Not only does Smartcool have excellent technologies for saving energy on air‐conditioning and refrigeration systems, our Smartcool partners share our core value of providing only the best technologies in the world to help our customers reduce their energy costs," said John J.P. Howley, President of Davies Energy Systems. "We are committed to providing our customers with "best of breed" technologies to solve their economic and environmental requirements. Smartcool's ESM™ certainly fits the bill in that respect."

About Davies Energy Systems, Inc.

Davies Energy Systems uses the most sophisticated technologies and engineering techniques to increase energy efficiency and reduce energy costs in our customer's facilities. We take a holistic approach that considers all the energy available in a facility, and we custom design each project using the appropriate technologies for that facility. All engineering and design work is done by our staff of more than 50 electrical and mechanical engineers located in the United States and Asia.

Davies Energy has improved the energy efficiency of facilities operated by some of the most sophisticated companies in the world in varying market sectors including Intel, Glaxo Smith Kline, Mandarin Hotels, Coca‐Cola Export Co., Kraft Foods, Peninsula Hotels, Unilever, Wyeth and Citibank.

For additional information please visit www.daviesenergysys.com.

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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