Vancouver, British Columbia – Smartcool Systems today announced the signing of an exclusive agreement with Avireal AG for the distribution of the Smartcool's technologies and products within Switzerland. Avireal AG has focused on a number of vertical markets which will provide an opportunity for Smartcool products to be used in hotels and by commercial land owners and managers.

 

The catalyst for the agreement were existing opportunities to introduce energy saving technologies to that country's large hotel industry as Avireal currently counts multiple companies in the resort and accommodation market as its customers.

Avireal has over 1200 employees located in Switzerland and Dubai. It is a facilities management company, with a core competence in the area of energy efficiency. In addition to the hotel sector, it focuses on industrial and commercial markets. Avireal was founded in 1972 as the planning office and property Management Company for Swissair. The airline spun it off as an independent company in 1997 and it went private in 2005.

This agreement builds on an existing relationship between the companies as Avireal markets Smartcool's products in the Middle East and has completed projects in Dubai utilizing the technology. This distribution agreement is in keeping with Smartcool's objective to establish alliances with global business partners which have numerous existing customer relationships.

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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