Science & Technology
Science and Technology
Science and Technology
Mon, July 12, 2010
VANCOUVER, July 12 /CNW/ - Mr. George Burnes, President and CEO of Smartcool Systems (TSX-V: SSC), has released a business update to provide investors and other interested parties with key information on Smartcool's performance to date and prospects for the balance of the year..
Earlier this year, Smartcool saw its first quarter revenue exceed the company's Q1 2009 revenue by 280%. The company's momentum has accelerated through 2010 with roll-outs to several major international corporations and many new distributors coming on board. This activity has drawn the attention of independent analysts, including the publication of a report by Byron Capital Markets.
Read the full business update here, including the Byron Capital Market report.
[ http://www.smartcool.net/documents/investors/Smartcool%20Presidents%20messag ] e%20-%20July%202010.pdf
About Smartcool Systems Inc.
Smartcool Systems Inc. (TSX-V: SSC) manufactures and distributes the Energy Saving Module (ESM)(TM) and the ECO(3)(TM), which make refrigeration and air conditioning systems more efficient, resulting in proven cost savings, reduced energy consumption, and a smaller carbon footprint. More than 26,000 units have been installed worldwide for customers such as supermarkets, food distributors, telecommunications companies, hospitals, and hotels.
