Vancouver, B.C. Smartcool Systems USA Inc., a wholly owned subsidiary of Smartcool Systems Inc., is please to report that it has been awarded a US Government Services Administration (GSA) contract. The GSA is an independent agency of the United States government established to help manage and support the basic functioning of federal agencies, including the procurement of products. The contract permits the listing of the Smartcool products on the GSA website which allows any purchasing agent within the United States federal government seeking energy savings devices to purchase the Smartcool products at a preferred price. This will provide the company with a new sales channel within the US federal government sector.

 

Advantages of a GSA contract include allowing Smartcool Systems USA to deal directly with US government, as well as its associated governmental agencies. GSA schedules are by far the favored purchasing mechanism for a large majority of federal buyers, and therefore a prerequisite for Smartcool Systems USA.

The GSA is continuously seeking to improve and streamline efforts in order to ensure purchasing of commercial services for US Federal customers is efficient and complaint, through the awarding of schedule contracts. Under the Federal Supply Schedule Program, the GSA enters into government-wide contracts with commercial firms, in order to provide screened products and services for given periods of time. This streamlined procurement vehicle provides a significant opportunity for Smartcool Systems USA Inc, in that it will significantly reduce the time required by US federal government customers in obtaining its products.

Apart from the benefit and sales relationships obtained by being awarded the GSA contract, Smartcool Systems USA Inc. also views this agreement as further strengthening the brand's position within the US energy efficiency market. This is highlighted in that in order to obtain GSA qualification, Smartcool Systems USA Inc have had to undergo an extremely detailed and arduous application process in order to prove its compliance within the US energy efficiency market.

The excitement surrounding the contract being awarded to Smartcool USA Inc. was further underlined by George Burnes, CEO of Smartcool Systems Inc. stating, "This GSA contract will allow Smartcool Systems USA to tap into an economically definitive market, that in 2009 alone saw $16.8 billion allocated to the Office of Energy Efficiency and Renewable Energy's (EERE) programs and initiatives". Burnes went on to add that now being able to deal directly with federal contacts and organizations will effectively put Smartcool Systems USA in a position to provide a meaningful contribution to the goal of increased energy efficiency amongst the United States administration.

About U.S. Government Services Administration (GSA)

The U.S. General Services Administration (GSA) leverages the buying power of the federal government to acquire best value for taxpayers and federal customers. It exercises responsible asset management. The GSA delivers superior workplaces, quality acquisition services, and expert business solutions as well as developing innovative and effective management policies.

The GSA manages more than 11 percent of the government's total procurement dollars and $24 billion in federal assets, including 8,600 government-owned or leased buildings and 213,000 vehicles.

With a mission to provide superior workplaces, expert technology solutions, acquisition services, purchasing and E-Gov travel solutions and management policies, at best value, the GSA allows federal agencies to focus on their core missions.

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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