Legend Power Systems Obtains "Market Partner" Status, Launches in New York City

NEW YORK, Jan. 19, 2016 /CNW/ - Legend Power Systems, Inc. (LPS.V) ("Legend") is pleased to announce acceptance to the Energy Efficiency Market Partner Program offered by Con Edison, a top 10 U.S. utility serving the five boroughs of New York and Westchester County. Program applicants undergo thorough evaluation of technology and project results, and attainment of Market Partner status will foster unique opportunities for Legend to showcase its innovative technology to Con Edison customers.

Program participants like Legend also obtain a listing with Honest Buildings, an affiliated online marketplace that connects Legend with the most forward thinking owners and managers of real estate across the Greater New York area.

"With the highest concentration of buildings that fit our target criteria, a progressive real estate community, and fertile energy efficiency incentives, New York represents the largest singular market opportunity for us", says Randy Buchamer, President and CEO. "We are excited to launch our Conservation Voltage Reduction (CVR) technology here in 2016 and for the chance to participate in Con Edison's Market Partner Network."

Incentives for energy efficiency improvements in Con Edison territory are among the highest offered in the United States. Technical validation by a foremost U.S. utility and a successful launch into New York City are imperative wins for Legend Power Systems as preparations for major U.S. expansion get underway, beginning with the North East and Mid-Atlantic states over the course of 2016.

About Legend Power Systems Inc.
Legend Power Systems Inc., "Legend" (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.

SOURCE Legend Power Systems Inc.

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