VANCOUVER, Feb. 20 /CNW/ - Smartcool Systems Inc. (TSXV: SSC), is pleased
to announce that Smartcool Systems International Inc., a 100% wholly owned
subsidiary, has signed an Electricity Cost Reduction Sales Agreement with
Barbados Dairy Industries Ltd. ("BDI"). The agreement provides for the
installation of Smartcool's Energy Savings Module (ESM(TM)) in order to
provide reduced electricity consumption related to the refrigeration
compressors in BDI's St. Michael, Barbados facility.
Smartcool evaluated BDI's facility and calculated electricity consumption
reduction of approximately 370,000kWh per annum for the operations. This will
provide for approximately $50,000 annualized cost savings and reduce annual
greenhouse gas emissions by just less than 500,000lbs. This can be equated to
providing electricity to 35 homes per annum and the greenhouse gas reduction
is equivalent to planting approximately 271 acres of trees.
The installation site is a full service dairy production facility
including ice banks, manufacturing, cold storage area, ice-cream freezing and
container refrigerators. In addition, Smartcool is installing an ESM(TM) to
further maximize the efficiency of the compressors servicing the corporate
offices air conditioning system.
"This installation represents one of Smartcool's largest single site
installations the Company has done over the last 12 months," states George
Burnes, President. "Furthermore, there is potential for further expansion into
other facilities within this beverage conglomerate."
About Barbados Dairy Industries Ltd.:
Barbados Dairy Industries Ltd. is a subsidiary of Banks Holdings Limited
("BHL") one of Barbados' most successful public companies and the island's
largest beverage conglomerate. BHL produces leading international brands under
license such as Coca-Cola, Sprite and Guinness; local originals like Frutee
and Tiger Malt; and their signature product - Banks Beer, Barbados' best loved
lager. BHL offers juices, juice drinks, fresh milk and cultured products
including yogurt, ice cream, sour cream and cottage cheese.
BDI brings to the consumer a wide range of pasteurised, evaporated and
UHT long-life milks and juices in a variety of flavours. Cultured products
such as yogurts, ice-cream and cottage cheese are also available. Through
these quality offerings, and spirited market penetration the island's lone
dairy has established its products as a staple on the Barbadian table. BDI's
"Pine Hill" brands have been able to gain a foothold in 13 markets including
the United States tri-state area. Airline flight kitchens and cruise ships are
also regular patrons. For more information, please visit
About Smartcool Systems - "A Green-Tech Company Specializing in Energy
Cost Reduction Technologies"
Smartcool Systems Inc. is an advanced energy savings solutions company
specializing in energy and cost reduction technologies for commercial and
retail businesses. The company's wholly owned subsidiary, Smartcool
International Inc., is the owner, developer, manufacturer and worldwide
distributor of the Energy Saving Module (ESM(TM)). This green technology
reduces the electricity consumption (kWh) and maximum demand (KW) of air
conditioning and refrigeration compressors. Rather than replacing existing
equipment, the ESM(TM) works in conjunction with existing controls in order to
ensure that compressors work at maximum efficiency, while maintaining preset
temperature levels and without causing over-cycling.
Rising global energy demand is resulting in significant increases in
energy prices. Environmental concerns are causing both government and industry
to re-examine the way they do business. Smartcool provides companies with
solutions to address the growing pressure to reduce energy costs, increase
profits and reduce green house gas emissions. For more information, please
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release.
For further information:
For further information: Allan Thompson, (604) 669-1388 or
1-888-669-1388 or firstname.lastname@example.org