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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

Smartcool provides energy savings to French Military

09/07/2015 4:17pm

PR Newswire (Canada)


Smartcool Systems (TSXV:SSC)
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VANCOUVER, July 9, 2015 /CNW/ - Smartcool Systems Inc. (TSX-V: SSC) is pleased to announce Smartcool's technology has been installed at a French Military Artillery School in Draguignan, France. The installation was completed to provide a reduction in run time on a 4 scroll compressor chilled water unit providing heating and cooling for the schools' offices and barracks. Savings are expected to exceed 50,000 kwh annually resulting in a 24 month payback. 

Christophe Simon, through FrancEco+, coordinated the installation. Mr. Simon stated, "This is the first install of the Smartcool technology for the French Military and is producing very satisfactory results. I expect that this will lead to other installations for the French Armed Forces. With over 200,000 personnel, the opportunities for Smartcool are significant with housing, offices and data centers all being possible candidates."

Ted Konyi, CEO of Smartcool, stated "in addition to this significant opportunity with the French military, we have conducted site surveys on facilities in the UK and North America with the goal to provide meaningful savings to these clients.  Under military management around the world there are millions of facilities consuming energy for cooling."

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 Europe.  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.

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. 

SOURCE SmartCool Systems Inc.

Copyright 2015 Canada NewsWire

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