Vancouver, BC. December 15, 2015, Smartcool Systems Inc. (TSX-V:SSC)(OTCQB-SSCFF) and Tri-Caribbean Energy (TCE) are excited to announce that the Smartcool ECO3; as a part of the Tri-Caribbean Energy Green Energy Management (GEM) Power Savings Bundle, is reducing energy consumption by 31% on refrigeration systems at the Crystal Cove Hotel in Barbados.

Tri-Caribbean Energy (TCE) has its head office in Christ Church, Barbados and is delivering complete energy conservation and clean energy generation solutions to commercial and residential customers throughout the Caribbean with a particular focus on luxury resort hotel properties.

An initial pilot installation of the Smartcool ECO3 technology resulted in a 31% savings during the pilot period. "The Caribbean has some of the highest electrical rates in the world; averaging approximately $0.39USD/kWh, so all businesses understand that they need to have a comprehensive energy management strategy in order to control their costs and enhance their profitability. TCE’s Green Energy Management platform including the Smartcool ECO3 is a simple and effective way to achieve this goal and we look forward to deploying our GEM platform at Crystal Cove as well as the other hotels and restaurants in the Elegant Hotels Group portfolio across Barbados." explains Perry Douglas, President & CEO of Tri-Caribbean Energy.

"Tri-Caribbean Energy is Smartcool's premier regional partner in the Caribbean and we are looking forward to continuing to support their exciting efforts with leading businesses across the region such as the Crystal Cove Hotel. We are confident that the TCE GEM Power Savings Bundle will be embraced by an increasing number of Caribbean market leaders in 2016" states Chris Lefaivre, Smartcool Executive VP - Americas.

About Smartcool
Smartcool Systems Inc. (TSX-V: SSC) provides cutting edge energy efficient and energy cost reduction solutions for businesses around the world. The ECO3 and ESM are Smartcool's unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by 15% to 20%, giving customers a return on investment in as little as 12 months.

About Tri-Caribbean Energy Corp.
The leader in Green Energy Management (GEM), TCE helps businesses meaningfully reduce their energy related expenditures and significantly increase their long-term profitability; while being fully managed by proprietary energy management software; GEM Control, which monitors, measures all equipment consuming energy on a property. The ability to analyze, manage and optimize energy use produces significant cost savings that go directly to the bottom-line.

Legal Notice Regarding Forward Looking Statements
This news release contains “forward looking statements”. Forward-looking statements are projections of financial performance or future events. Forward-looking statements can be identified by the use of words such as “expect”, “anticipate”, “intend”, “plan”, “believe”, “estimate” and words of similar meaning. Forward-looking statements are based on management’s current expectations and assumptions and they are subject to risks that may cause actual results to differ materially from those expressed or implied by such forward looking statements. Forward-looking statements in this news release include those concerning the company’s belief in the growth opportunities in the United States. These statements are subject to risks that may cause the actual results to be materially different in future periods from those expressed or implied by such forward looking statements. Risks that may prevent or delay the forward looking statements from coming to fruition as anticipated include the availability of working capital, risks inherent in product development, as well as market factors that may increase costs or time to market. It is our policy not to update forward looking statements except to the extent required under applicable securities laws. Further information on the Company is available at www.sedar.com or at the Company’s website, www.smartcool.net.

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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