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SSC Smartcool Systems Inc

0.045
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Smartcool Systems Inc TSXV:SSC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.045 0.04 0.045 0 01:00:00

Kappy's Fine Wine & Spirts installs Smartcool in four locations

20/10/2015 2:00pm

PR Newswire (Canada)


Smartcool Systems (TSXV:SSC)
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VANCOUVER, Oct. 20, 2015 /CNW/ - Smartcool Systems Inc. (TSX-V:SSC)(OTCQB-SSCFF)  is pleased to announce that it has completed installations in four Kappy's Fine Wine & Spirits stores located in Massachusetts.  Smartcool deployed its new smart thermostat to deliver not only substantial energy savings from its compressor optimization algorithm but a communication platform that allows the customer to view in real time operational data at each site.

Kappy's have been the leader in providing the largest selection of quality products, exemplary service, and low prices in Massachusetts for over sixty years.

The customer's cost for the project is being substantially reduced by an incentive from National Grid; a major electric utility in the northeast, under the terms of a Small Business Program Customer Directed Option Agreement. 

Chris Lefaivre; Smartcool Executive VP - North America, states, "Kappy's is another strong brand and reference client that we have been able to engage with, to provide the BIoT (Internet of things in Buildings).  The Building Internet of Things (BIoT) establishes a communications network, which connects to devices allowing monitoring, analyzing and controlling therefore providing better operational efficiencies and savings."

About Smartcool
Smartcool Systems Inc. (TSX-V: 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. 

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 United States.  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.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE SmartCool Systems Inc.

Copyright 2015 Canada NewsWire

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