Vancouver, BC. December 19, 2011. During the third quarter, Smartcool Systems Inc. (TSX-V: SSC) continued to expand its customer base around the world setting the groundwork for rollouts with several major retailers in Europe. The third quarter was also highlighted by the expansion in the energy efficient solutions that Smartcool provides, as the company has contracted to serve as the Energy Efficiency Project Manager for the Sainsbury’s Supermarkets Ltd. network of retail stores throughout the UK.

Smartcool is experiencing a delay in recording revenue on installation rollouts for some major accounts; this delay will result in a strong fourth quarter performance, when revenue can be recorded. George Burnes, President & CEO of Smartcool Systems Inc. invites interested investors to participate in a conference call to discuss projections for the fourth quarter and 2012.

Date: Tuesday, December 20th, 2011 Call: +1 416-340-2217
Time: 8:00am PST Toll-Free: +1 866-696-5910
Duration: 30 minutes Participant Passcode: 5037536

 

 

 


Third quarter results and the MD&A are available online. The recorded conference call will be available for replay until January 15, 2012 by calling +1-905-694-9451 or toll-free +1-800-408-3053 and using the pass code 4727433.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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  

Investor Inquiries

Mike Kordysz
Tel: +1 604 904 8632
mike.kordysz@smartcool.net

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