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Smartcool Brings Energy Efficiency to Commercial Real Estate in India

^{Published on 2011-03-09 05:15:22 - Market Wire}
 

VANCOUVER, March 9 /CNW/ - [ Smartcool Systems Inc. ] (TSX-V: SSC) is pleased to report that Ecopower Pvt Ltd, an independent distributor of Smartcool technology in India, has completed a successful energy efficiency project at the Prestige Tech Park in Bangalore.  The project saw the installation of Smartcool's [ ESM™ ] on two centrifugal chillers at the site, cutting their energy usage by 13% and giving the Prestige Group a return on investment in under 8 months.

"We were initially promised a 10% savings by Ecopower and are extremely happy to see that this product is delivering more than the promised savings," says Lt. Col. Sree Kumar, the Senior VP of Property Management at Prestige Group.  "We are now interested in taking up further Smartcool installations at our other commercial sites, hotels and malls."

Mr. Siddharth Patel, Commercial Director at Ecopower explains, "Prestige Group is one of the largest and best known property development companies in South India, and the success of this project is already opening up major opportunities for us to bring Smartcool's technology to all corners of the commercial real estate industry."

"With skyrocketing demand for electricity, limited generation capacity, and considerable HVAC-R use, India offers a massive market for Smartcool's products," states Steven Martin, Executive VP at Smartcool.  Our [ ECO ][ ³ ][ ™ and ESM™ ] offer a cost effective solution to businesses across the country, and we look forward to continued success with companies like Ecopower and the Prestige Group."

About Smartcool Systems Inc.
Smartcool Systems Inc. (TSX-V: SSC) manufactures and distributes the Energy Saving Module (ESM)™ and the ECO³™, 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, telecom, hospitals, and hotels. [ www.smartcool.net ]

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