Smartcool Systems Inc. (TSXV: SSC), is pleased to announce that the Company's distributor in the Philippines, Smartcool S.E. Asia Inc., has entered into a sales agreement with Ayala Property Management Corporation ("APMC") in the Philippines, to install Smartcool's Energy Savings Module (ESM™) in the entertainment wing of their Greenbelt 3 Mall located in the Ayala Center in Makati City.

This adoption of Smartcool's green technology by APMC, a wholly owned subsidiary of Ayala Land, Inc., is the initial installation of a more extensive roll-out within their property management portfolio that is made up of shopping malls, residential and office towers and industrial/commercial facilities within the Philippines premier business district, Makati City.

Management has committed to expanding Smartcool's global presence and the Philippines represents an ideal region in which the ESM™ can be implemented. South East Asia has high temperatures and high humidity which requires significant power requirements for air-conditioning and refrigeration. In addition, consumers in this region are paying high rates for electricity further supporting the requirement for energy efficiency technologies such as Smartcool's ESM™.

"Major advancements have been made by our distributor, Smartcool S.E. Asia Inc.," states George Burnes, President of Smartcool Systems Inc. "This particular installation is extremely encouraging as we have entered into an arrangement with a property group that has a significant portfolio and is committed to environmental management, which we feel Smartcool's technology can be an integral part of."

David Verlee, President of Smartcool S.E. Asia Inc adds, "This initiative represents one of many that we have been developing in this region. We are exploring opportunities in several vertical markets such as cold storage, manufacturing plants and supermarkets, and the relationships that we have developed make the outlook very encouraging. There is no doubt that the requirement for energy efficiency in this region is great and with our technical expertise we feel we can provide a service to our clients that will deliver significant economic benefits."

About Ayala Property Management Corporation:

Ayala Property Management Corporation (APMC) is a wholly owned subsidiary of Ayala Land, Inc. engaged in integrated property management services including building administration and maintenance, lease administration activities, commercial center and subdivision maintenance, and special technical services. It continues to provide property management services for shopping centers, subdivision, parking structures, waterworks operations and other properties developed by Ayala Land and its subsidiaries. APMC is best known for managing strategic parking facilities, office and residential towers in the Philippines' premier business district, Makati City. It pioneered in automating parking operations and continues to introduce similar innovations in its other areas of operation such as recycling water from households for non-potable uses. For more information please visit www.ayalaproperty.com.

About Smartcool S.E. Asia:

Smartcool S.E. Asia was incorporated for the purpose of selling, marketing and distributing Smartcool's technologies in Asia. The management group has vast experience assisting companies to develop strategies for entry into the Asian market place by offering professional market research and competitive analysis enabling the implementation of well thought-out development plans. With engineers, sales people and technicians working from offices in Manila, and a solid reputation within the energy efficiency/environmental community, Smartcool S.E. Asia is well positioned to take advantage of opportunities in this region.

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
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