VANCOUVER, Nov. 10, 2015 /CNW/ - Smartcool Systems Inc. (TSX-V:SSC)(OTCQB-SSCFF) is pleased to announce that the company has delivered its first wireless Demand Control Ventilation (DCV) System. The installation was a three-way collaboration between Smartcool Systems Inc., Airtest Technologies Inc., and Total Energy Concepts, Inc.
Airtest Technologies Inc. has been in the business of providing sensors to commercial operations for the last 15 years. A focus of the company has been to provide CO2 sensors in the application known as demand control ventilation. Simply stated, demand control ventilation, also known as DCV, is the use of CO2 sensors to determine occupancy of a climate-controlled space. Building code requires all public spaces, to bring in fresh outside air. Without a feedback loop to the HVAC system, these spaces are required to provide fresh air based on their maximum occupancy. Generally this means significant over ventilation and needlessly heating or cooling outside air. By using CO2 sensors, the HVAC systems can better regulate the amount of fresh air required, resulting in a significant reduction in outside air being conditioned. The resultant savings can be significant, with energy reduction in the range of 10% to upwards of 50%. Airtest has been a leader in this space. Until recently CO2 sensors required a wired connection. Airtest developed a battery powered wireless CO2 sensor earlier this year. With this development, the cost of retrofitting public spaces is significantly reduced, providing compelling ROI's.
Based on these developments, Smartcool Systems Inc. became distributors for Airtest products in the spring. Working with one of its lead distributors, Total Energy Concepts Inc., Smart cool was pleased to be involved in the installation at this supermarket in Minnesota. Total Energy Concepts has identified numerous other prospects for this new technology. The best opportunities are with supermarkets, retailers, Auto dealers, movie theaters and other locations where the occupancy varies during the course of the day.
Smartcool CEO Ted Konyi stated, "We are very excited about this installation and the opportunity to leverage our existing dealer and distributor network. Incorporating Airtest's breakthrough wireless technology will allow us to augment Energy Efficiency already provided by Smartcool's proprietary technology. I've been familiar with this protocol for 10 years and believe it is extremely complementary to our own. I expect this will add to our overall sales volume."
Damian Smith; President of Total Energy Concepts Inc., commented, "We have an existing customer base of over 9,000 installations. These are all customers that have incorporated energy efficiency into their operations by way of TEC. We are excited to partner with Smartcool and AirTest to offer this new technology. The implementation is relatively un-in evasive and the results are huge! We will be going back to all our past customers to tell them about this product, as well as include it with new customers moving forward!"
Mike Shell, Senior VP at Airtest, attended at the installation. Mike said, "This is our first installation of the new RTUiLINK wireless CO2 measurement and control technology incorporating full reporting of CO2 sensor readings and equipment control signals. It is also designed to work with our rooftop fault detection package that can immediately indicate equipment malfunction via text, email or web interface. While the fault detection package was not included it can easily be added with very little effort. The RTUiLink technology offers a cost effective way for building owners with Rooftop HVAC units to save energy with CO2 DCV while ensuring that any mechanical equipment malfunction can quickly be identified and fixed."
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.
AirTest Technologies (www.airtest.com) is a Green-Tech company specializing in sensors that improve commercial building operating efficiency and at the same time create energy savings. These sensors are all based on technical innovations developed in the last ten years, and comprise a growing second wave of energy saving technologies that will make a significant contribution to the Sustainable Buildings Program. AirTest offers its products to leading-edge building owners, contractors and energy service companies targeting the buildings market. AirTest also provides energy cost reduction solutions to building equipment and controls manufacturers who incorporate AirTest sensor components in their products.
About Total Energy Concepts
Total Energy Concepts (TEC) www.totalenergyconcepts.com is a national leader in Power Protection, Energy Management, Power Quality, Refrigeration Optimization, Facility Grounding, and Lighting Solutions that help companies improve their bottom line by reducing expenses that drastically cut into company profits. TEC has been a Premier Distributor of Smartcool's technology since 2010 and in that time they have sold and installed hundreds of customer projects using Smartcool's products.
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 United States. 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.
WEB www.smartcool.net and www.smartcooleco3.com EMAIL email@example.com
SOURCE SmartCool Systems Inc.
For further information: Investor inquiries: Mike Kordysz, Vice President, Investor Relations, TEL +1 604 904 8632, EMAIL firstname.lastname@example.org