SOURCE: Smartcool Systems Inc.

Smartcool Systems Inc.

November 02, 2016 08:30 ET

Smartcool's ESM chiller solution installed within first SSE site in UK and achieves 25% Savings

VANCOUVER, BC--(Marketwired - November 02, 2016) - Smartcool Systems Inc. (TSX VENTURE: SSC) (OTCQB: SSCFF) is pleased to announce that Smartcool has completed a further successful installation and is pleased to confirmed significant energy savings at SSE's Data Centre located in Hampshire UK . Smartcool installed a ESM system on a High Efficiency Turbocor Chiller with Danfoss controls utilizing the Chilled Water Reset option provided within the Danfoss control strategy to generate the annual kWh savings.

SSE is one of the largest suppliers of electricity and natural gas in the UK, as well as offering a full M&E and renewable solutions service to its customer base. They are committed to helping their customers reduce energy by demonstrating through innovation, behavioral change and renewable solutions that they stand by everything they say and do. SSE currently have an estimated domestic customer base of 8.5 million along with a significant amount in the commercial and industrial sector. This will further help to ensure SSE continues to be the most trusted and valued energy supplier in the UK.

SSE has implemented and installed Smartcool's technology as part of its pledge to drive down energy consumption and achieve significant energy reduction. The results for the Data Centre show a significant reduction of 72,993 KWh, a reduction of 31,678 Kg Carbon dioxide gas (Greenhouse gas), a reduction of 656Kg Sulphur Dioxide (main component of acid rain) and a reduction of 124Kg of Nitrogen Oxide (contributor to acid rain and smog). All data supporting these reductions came from independent loggers installed at site and reviewed by SSE.

Steven Martin, EVP for Smartcool, states, "Smartcool has embraced SSE core values, which are, 'To provide the energy people need in a reliable and sustainable way.' We have been working in partnership with SSE to drive down energy costs within their own estate. Further sites have been evaluated for installation of our Energy savings solution and SSE has committed resources and capital so as to benefit from similar savings seen at their Hampshire Data Centre. It's hoped that after a continued install program on its own estate SSE will make the Smartcool solution available to its customers in its continued commitment to help drive down energy consumption in UK."

SSE were pleased to comment, stating, "SSE are pleased with the quick efficient installation of this product, with minimum downtime for the equipment, and the savings speak for themselves" - Phil Bell, Engineering Manager Property Services.

About Smartcool

Smartcool Systems Inc. (TSX VENTURE: 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 up to 30%, giving customers a return on investment in as little as 12 months.

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 UK. 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.

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