VANCOUVER, May 4 /CNW/ - Smartcool Systems Inc. (TSX-V: SSC) has signed a distribution agreement with Bricks & Bits
Inc., a provider of energy efficiency solutions throughout Central &
Bricks & Bits Inc. provides significant expertise and an impressive list
of existing clients, including Coca-Cola, McDonald's, Hilton Hotels,
Carrefour, Tesco, Danone and many others. The distribution agreement
has a five-year term and provides for a minimum purchase of $2.5
million for the duration of the contract. Bricks & Bits Inc. has
received non-exclusive distribution rights for Smartcool's ECO3TM and exclusive distribution rights for the ESMTM for sales in Poland, Hungary, Czech Republic and Slovakia.
Daniel Schlitner, President of Bricks & Bits Inc, is enthusiastic about
the myriad of applications for Smartcool's products. "Our customer base
will benefit tremendously from the addition of the ESMTM and ECO3TM product lines to our service offerings. We have already conducted a
highly successful pilot project with Metro Group Asset Management in
Poland. This pilot project provided a return of invested capital in
just 20 months from a Smartcool installation at a Makro Cash & Carry
store. We are looking forward to the rapid adoption and implementation
of Smartcool technology by our customers throughout the region.
"We are pleased to be working with a company of Bricks & Bits' caliber
and experience," says George Burnes, President and CEO of Smartcool.
"This distribution agreement provides us with significant advantages as
we expand into this strategic market. Bricks & Bits Inc. will serve as
our local distribution hub and assist us in recruiting additional
strong partners throughout the region."
Neither the TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release.
About Bricks & Bits
Bricks & Bits Inc., provides electrical energy saving solutions and
advisory services in the areas of energy audit, energy cost cutting and
energy efficiency for systems such as: lighting, motors, cooling, A/C,
fans, kitchens hoods and boilers. The company also provides developers
and property management companies complete outsourcing solutions for
energy management. www.bricks-bits.com
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
SOURCE SmartCool Systems Inc.
For further information:
George Burnes: (604) 639-5625 or firstname.lastname@example.org
Murdoch Capital Partners
Luis J. Mejia, Managing Partner Steven Solazzo, Managing Director
Tel. 917-535-8755 Tel. 914-980-1538