Greenscape Capital Group Inc.

Greenscape Capital Group Inc.

July 28, 2011 09:00 ET

Greenscape's Canopy Parking Operation Sees Significantly Increased Occupancy

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 28, 2011) - Greenscape Capital Group Inc. (TSX VENTURE:GRN) -

Announcement Highlights:

  • growth validates marketing and corporate development programs announced in May
  • averaging more than 2000 cars per day parking at this flagship facility

Greenscape Capital Group Inc. ("Greenscape") is pleased to announce that the marketing and corporate development programs announced in May for Canopy Airport Parking ("Canopy") have begun to show significant dividends in increased occupancy rates at the facility.

Throughout the month of July, on average, in excess of 2000 paid customers per day are using the facility. Notably, the most significant rate of growth has been generated in the covered parking portion of the facility, which is the highest margin component of the business. Canopy will continue to invest in innovative marketing and customer acquisition strategies to drive increases in occupancy and build awareness for its green attributes, convenience and superior service.

With the flagship Denver green parking facility now in a fast growing phase of operations, Greenscape is evaluating additional business opportunities to add to shareholder value both in the green parking business and in other industries within which increased energy efficiency can increase profitability.

About Canopy

Canopy is the world's most environmentally advanced parking facility with wind and solar energy sources, geothermal heating and cooling, LED lighting, recycled steel and electric vehicle plug in stations incorporated into its design. According to an Architectural Energy Corporation study comparing Canopy versus a baseline model with no efficiency components installed, Canopy has a projected total energy cost savings of 70% annually.

About Greenscape

Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital is focused on dramatically increasing the profitability of commercial facilities through enhanced energy efficiency and environmental best practices. When opportunities arise, Greenscape also invests in other companies that operate in the environmental space, providing strategic capital and business advisory services to assist companies in achieving their environmental and corporate goals.


C. Mark Devereux, CEO & Director

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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