Vancouver, BC. December 8, 2011, Smartcool Systems Inc. (TSX-V: SSC) is pleased to announce the successful launch of a new distributor in Bermuda. Bermuda Engineering Co. Ltd. has registered very positive results on initial testing of Smartcool’s ECO3 with a local architectural firm, Cooper Gardner in partnership with Air Care Ltd. “The ECO3 installation on our office air conditioning unit will cut our electricity bill by over $550 per year, giving us a return on investment in under 2 years,” say partners John Gardner and Julia van Beelen, from Cooper Gardner. “This increased energy efficiency is helping us meet our goal of becoming a greener company and makes clear economic sense.”
“We are very excited to add the ECO3 to our roster of high quality energy efficiency products,” says Stuart Kriendler, Manager at Bermuda Engineering. “The commercial electricity rate in Bermuda is near $0.30/kWh, with residential rates nearing $0.40/kWh, so our customers are always looking for ways to reduce their energy consumption. As the only distributor of the ECO3 here, we are able to offer them an unparalleled option to cut air conditioning and refrigeration costs.”
“We look forward to working with Bermuda Engineering, since they are a highly qualified partner in an ideal market for our technology,” says George Burnes, President & CEO of Smartcool.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
About Bermuda Engineering Co. Ltd.
Bermuda Engineering is a fourth generation family business dedicated to improving energy efficiency and implementing renewable energy systems in Bermuda. The company focuses on providing customers with superior service and high quality green solutions. In October 2011, the company was awarded ‘Best Use of Green Tech’ at the Bermuda Tech Awards. www.bermudaengineering.com
About Smartcool
Smartcool Systems Inc. (TSX-V: SSC) provides energy efficiency 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, with no risk to existing equipment performance. www.smartcool.net
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| Head Office Vancouver, Canada Tel. +1-604-669-1388 |
UK Office Alton, Hampshire Tel. +44 (0)1420 544868 |
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