Vancouver, B.C. -- Smartcool Systems Inc. (TSXV: SSC), whose Energy Saving Module (ESM)™ makes refrigeration and air conditioning systems more energy and cost-efficient, has received an order from the seven-storey, 246-guestroom Radisson SAS Hotel located in Media City, Dubai .

 

Luxurious Dubai hotel has no reservations in adopting energy saving technology after extensive testing proves cost savings and greenhouse gas reductions

Before making its purchase decision, the Radisson SAS Hotel completed comprehensive testing of Smartcool's technology in June and July 2008. The testing revealed extensive energy, environmental and cost benefits, including:

  • estimated reduction of 187,000 kWh annually
  • estimated greenhouse gas reduction of 243,000 lbs pounds annually
  • return on investment of approximately 15 months.

Radisson SAS Hotel, which offers 12 meeting rooms in addition to its luxurious guestrooms, will save enough electricity each year to power 57 homes by installing Smartcool ESM™ systems.

"Installing Smartcool's ESM™ is smart business," said Siegfried Nierhaus, General Manager of the Radisson SAS Hotel. "As with many companies in warm areas throughout the world, air conditioning and refrigeration expenses are a significant cost of doing business for our hotel.

"Smartcool's proven technology reduces costs for these systems, increases margins for the hotel, offers the opportunity to invest savings in other parts of our business, and provides environmental benefits for our community."

FARNEK Avireal, Smartcool's sub-distributor in the United Arab Emirates, obtained the Radisson SAS Hotel order for the ESM™. The order reinforces the effectiveness of the global distribution network that Smartcool has established and grown in the past few years.

"We are very pleased with the success that FARNEK Avireal has achieved with the Radisson SAS Hotel," said George Burnes, President and CEO, Smartcool Systems. "Hotels around the world understand the imperatives of investing in technologies that meet their business obligations to shareholders and their environmental commitments to their neighbors and communities. With the proven ability of our ESM™ to meet and exceed the industry's expectations, we believe we are well-positioned in this market going forward."

From his base in London, England, Steven Martin, Director, Sales, Smartcool Systems (EMEA) Ltd. noted that the ESM(tm) continues to attract attention in Europe and the Middle East in many vertical markets.

"This installation is a good example of the significant savings that Smartcool can provide for companies in the hotel and hospitality industry," said Martin. "These savings provide a rapid return on investment, helping our customers make the best investment from their capital budget."

About Radisson SAS Hotels and Resorts

Radisson SAS Hotels & Resorts, part of the Rezidor Hotel Group, currently operates over 155 hotels in Europe, the Middle East and Africa, with another 47 projects under development. Radisson SAS is a first class full service hotel brand with key differentiators such as the 100% Guest Satisfaction Guarantee and the Yes I Can! spirit of service.

The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. Its current portfolio consists of 274 hotels in operation and under development in 47 countries encompassing nearly 55,000 rooms. Rezidor manages selected Carlson brands in Europe, the Middle East and Africa: Radisson, Park Inn, Regent and Country Inn. For more information on Rezidor and its portfolio of brands, visit www.rezidor.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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