Sales Momentum Continues to Grow with Initial Multi Location Sale
BURNABY, BC, May 20 /CNW/ - Legend Power Systems Inc. (TSX-V: LPS) (FSE: XLE) ("Legend Power") announces that it has sold two Electrical Harmonizer-AVR's to North America's fourth largest broad line retailer with approximately 3,900 full-line and specialty retail stores in the United States and Canada. The stores benefitting from the energy-saving devices are located in Toronto, and will be equipped with Legend Power's patented smart grid technology system which works to address the inefficiencies in the power grid system, thus significantly reducing facility power costs and maintenance costs.
"This multi-unit sale, to a major North American retailer, shows a high level of commitment to the environment on their part and is a testament to the effectiveness of our technology. It supports the concept that our clients can effectively and economically achieve substantial energy savings, while reducing their carbon footprint using our Electrical Harmonizer-AVR," said Gerry Gill, Chairman and CEO of Legend Power.
Legend Power is continuing to pursue major opportunities in the North American retail market, and will showcase its technological advantage to capture them. The company is creating value for shareholders by solidifying its position as a leader in the manufacture and distribution of their smart grid technology.
About Legend Power Systems Inc.
Legend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures and markets a patented device to help commercial and industrial customers achieve significant energy savings through voltage optimization. Legend Power's Electrical Harmonizer-AVR helps companies reduce their electricity bills, maintenance costs, and increases the life of electrical equipment, while contributing to a reduction in green house gas emissions. View "Legend Power Corporate Video" on YouTube at http://www.youtube.com/watch?v=EcBIFsXZTIA
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Legend Power Systems Inc.
For further information: For further information: Gerry Gill, Chairman & CEO, Legend Power Systems Inc., (604) 420-1500, firstname.lastname@example.org