SOURCE: Smartcool Systems Inc.

SmartCool Systems Inc.

February 03, 2016 09:00 ET

Subsidiary of Deutsche Telekom Achieves 18% Energy Savings

VANCOUVER, BC--(Marketwired - February 03, 2016) - Smartcool Systems Inc. (TSX VENTURE: SSC) (OTCQB: SSCFF) is pleased to announce its distribution partner Bricks and Bits was selected by the Property Management department of Magyar Telekom Nyrt, a leading Telecom provider in Hungary, to provide Smartcool's ECO3's as a solution to decrease the annual energy consumption on their high powered air conditioning systems.

Bricks and Bits installed Smartcool's ECO3 units in order to optimize the compressor run time on A/C systems chosen by Magyar Telekom. The initial evaluation period provided substantial energy savings without changing any of the system parameters. Most importantly the air conditioning systems provided the same temperatures in the technology rooms while saving real dollars and reducing CO2 emissions by 142,692 Kg/year.

Due to the success of the results, 92 systems in Budapest, Hungary are now benefiting from the Smartcool technology at the selected sites and Szakali Akos of Magyar Telekom states, "we are planning to extend the installation to further locations in 2016."

Steven Martin, Executive VP, states, "We are very pleased to have Bricks and Bits find the success in the telecom vertical especially with the Deutsche Telekom group in Hungary. This should lead to more exposure throughout European countries serviced by the Deutsche Telekom and their subsidiaries."

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 15% to 20%, giving customers a return on investment in as little as 12 months. 

About Bricks and Bits

Bricks and Bits is leading provider of energy efficiency solutions and is involved in energy trade projects. Deployed on existing systems. The company's offering dramatically reduces energy consumption and decreases organizations operating expenses. The company is dedicated to helping customers reduce their carbon footprint and meet their sustainability goals. Bricks and Bits stands by its "risk free" commitment to its customers that result in significant and measurable cost savings. Founded in 2002, Bricks and Bits is a European-based venture with offices in Amsterdam, Warsaw, Budapest, and Prague.

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