Australian Bank Selects Smartcool's Energy Efficiency Technology



    
    Australian institution "banking" on energy reduction technology
    to cut emissions and bolster bottom-line
    

    VANCOUVER, June 11 /CNW/ - Smartcool Systems Inc. (TSXV: SSC) is pleased
to announce that its distributor, Smartcool Systems Australia Pty. Ltd., based
in Brisbane, has completed a successful trial with a major Australian Bank and
has received the initial order for equipment to be installed into several
hundred branches throughout Australia. In addition to the branch
installations, Smartcool's technology will be implemented in the bank's
commercial building locations.
    "The trials were carried out with extensive monitoring and verification
processes in 12 branches and 1 commercial building," commented Chris Rogerson,
CEO of Smartcool Systems Australia. "This process proved the ability of
Smartcool's energy reduction technology to save energy and maintain internal
temperatures."
    Smartcool's ESM(TM)and ECO(3)(TM) products are proven technologies that
act as secondary controllers for air conditioning and refrigeration systems.
They provide extensive cost savings and environmental benefits by optimizing
the efficiency of the compressors used in such systems. With a rapid return on
investment, Smartcool has developed effective solutions that help companies
increase their margins and re-invest their dollars in revenue generating
activities.
    "We are extremely excited about this news out of Australia as making
inroads into a major banking institution is a significant achievement for our
distributor," stated George Burnes, President and CEO of Smartcool Systems
Inc. "We understand the hurdles within the sales process for our technology
and to have received this order for multiple branch and commercial buidling
installations will generate significant revenue to our company and provide
further reference sites for our technology. This will greatly assist Smartcool
in Australia with the many other projects they currently have in their
pipeline."

    About Smartcool Systems Inc.

    Smartcool Systems Inc. (SSC: TSX.V) manufactures and distributes the
Smartcool 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. The
Smartcool ESM(TM) can be retrofitted to existing refrigeration and air
conditioning systems and is compatible with all known control systems. More
than 26,000 units have been installed worldwide for customers such as
supermarkets, food distributors, telecommunications companies, hospitals, and
hotels. Smartcool's new ECO(3)(TM) provides the same environmental and
cost-saving benefits to residential and commercial customers using one and two
compressor cooling systems.

    
    The TSX Venture Exchange has neither approved nor disapproved the
    contents of this press release.
    

    %SEDAR: 00015981E




For further information:

For further information: Investors: Allan Thompson, Phone: (604)
669-1388 or 1-888-669-1388, Email: allant@smartcool.net; Customers: Chris
Lefaivre, Phone: (604) 669-1388, Email: chrisl@smartcool.net

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