SmartCool Systems, Inc.

SmartCool Systems, Inc.

February 29, 2008 12:33 ET

CCM Research Issues Update Report on Smartcool Systems, Inc.

TORONTO, ONTARIO--(Marketwire - Feb. 29, 2008) - CCM Research analyst, Michael R. Anderegg, CFA, has written an update report on Smartcool Systems, Inc.

Smartcool Systems Inc. (TSX VENTURE:SSC) (PINK SHEETS:SSCFF) is an advanced energy conservation solutions company that specializes in energy and cost reduction technologies for commercial and retail businesses. The Company's wholly owned subsidiary, Smartcool International Inc., is the owner, developer, manufacturer and worldwide distributor of the Energy Saving Module (ESM)™. This green technology reduces the electricity consumption (Kwh) and maximum demand (KW) of air conditioning and refrigeration compressors.

In the report the analyst states, "The presence of an international installed base of some significance and a sizeable client list including many large enterprise customers help to position the Company for advancement to the next tier of competitors in the energy savings and management industry."

The analyst continues, "Smartcool's innovative ESM technology takes a rather novel approach to energy conservation which appears to be additive or complimentary to many traditional approaches to energy management. A very large available market with apparently limited direct competition may position the Company for strong future growth."

Regarding future progress, the analyst notes: "Future milestones to watch for that would indicate progress include conversion of test installations to revenue generating transactions, expanding revenue both in the distribution channel and through direct sales and expansion of the distribution network through partnerships or other types of arrangements with third parties as well as expansion of direct sales efforts."

A free copy of the report can be found at

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SOURCE: Cronus Capital Markets

The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

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