VANCOUVER, Oct. 1 /CNW/ - Smartcool Systems Inc. (TSXV: SSC) is pleased to announce that it has engaged The Howard Group Inc. of Calgary, Alberta, to provide investor and financial relations services to the company.
Since 1988, The Howard Group Inc. has provided comprehensive investor and financial relations, business development solutions, in-depth strategic planning and financing services to public companies. The Howard Group Inc. is associated with the Insight Limited Partnerships I & II, which invest in micro and small cap companies.
The term of the agreement is for a period of 18 months subject to six month reviews. The Howard Group Inc. will be compensated with a monthly retainer of $7,000 (Seven Thousand Dollars) CDN and 554,000 (Five Hundred & Fifty Four Thousand) options. The options have an exercise price of $0.14 with a five-year term expiring October 1, 2014.
For further information on The Howard Group Inc. please visit www.howardgroupinc.com.
In addition to its ongoing investor relations services, The Howard Group Inc. will be providing an ongoing commentary on SSC's activities in its free, online live newsletter, Insight. Interested parties are encouraged to subscribe to the newsletter feed:
The above agreement is subject to the acceptance of the TSX Venture Exchange.
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. (www.smartcool.net)
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release.
SOURCE Smartcool Systems Inc.
For further information: For further information: Jeff Walker/Dave Burwell - The Howard Group Inc., Toll Free: 1-888-221-0915, Info@howardgroupinc.com - www.howardgroupinc.com