SOURCE: Legend Power Systems Inc.

Legend Power Systems Inc.

August 16, 2016 08:30 ET

Legend's Solution for Reduced Power Consumption Purchased for Hampton Inn

VANCOUVER, BC--(Marketwired - August 16, 2016) - Legend Power Systems Inc. ("Legend") (TSX VENTURE: LPS) and channel sales partner Haven Consultants International ("Haven") today announced the successful installation of Legend's Harmonizer energy saving device at the Hampton Inn by Hilton in Sydney, Nova Scotia ("Hampton Sydney") owned by D.P. Murphy Hotels and Resorts. The Hampton Sydney has become the third hospitality industry property in North America, and the second D.P. Murphy property to utilize the Harmonizer.

The Hampton Sydney is expected to reduce electrical costs by up to 4% with Legend's proven Conservation Voltage Reduction technology.

"With Legend's Harmonizer having proven its energy saving capabilities at D.P. Murphy's Holiday Inn Express in Charlottetown, PEI our customer was keen to deploy this innovative technology at additional sites within its award winning portfolio of properties in the Maritimes. We are excited to now be working with them not only on existing properties, but as part of the planning and design process in their future properties," said Michael Parry, founder of Haven.

There are 61,571 hospitality industry properties in the United States and Canada with combined annual revenue of approximately $190 billion. The hospitality industry represents one of twelve major market-verticals in which Legend has established a track record of success.

Legend is working closely with Haven, to develop a strong market-specific adoption of the Harmonizer within individual verticals. Legend and Haven intend to actively pursue other accounts in the hospitality vertical.

About Legend Power Systems Inc.

Legend Power Systems Inc. (www.legendpower.com) markets a proprietary device, the 'Harmonizer' that helps individual buildings reduce energy consumption through the utility-proven concept of Conservation Voltage Reduction, (CVR). Legend provides customers risk free energy savings, improves the value of their physical assets, and enhances their sustainability efforts. As an application with demand side benefits, Legend is also a key contributor toward utility conservation goals. Legend was recognized as the top performing cleantech company on the TSX Venture Exchange in 2015.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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