Mar 11 2008
Smartcool Systems Inc., is pleased to announce that Smartcool Systems International Inc., a 100% wholly owned subsidiary, has received an initial order for 42 of its Energy Savings Module (ESM(TM)) Systems from Smartcool Systems Australia Pty. Ltd. SSC Australia retains the exclusive distribution rights for Smartcool's ESM(TM) energy efficiency technology for Australia and New Zealand. As detailed in our news release dated October 30, 2007, SSC Australia entered into a sale arrangement with Ecosave Pty. Ltd. located in Sydney, Australia for the purpose of sales and distribution of the ESM(TM).
The equipment has been ordered by Ecosave for Stockland Corporation Limited, Australia's largest and most diversified property developer. The systems will be rolled out across Stockland's Australian retail portfolio, as part of the company's commitment to corporate responsibility and sustainability.
"We are very pleased that we are moving forward on the project," comments Chris Rogerson, President of Smartcool Systems Australia Pty. Ltd. "Our geographic region is extremely conscious of the requirements to reduce carbon emissions. Delivering a product that addresses this issue as well as generating significant energy reduction and economic savings provides us with an excellent growth opportunity in this marketplace."
"This is a major step forward for Smartcool in Australia and further endorses our energy reduction technology," added George Burnes, President. "We have been testing the Energy Savings Module with some significant companies and the results we have produced have allowed these companies to make a decision to progress with a multi-site rollouts. The outlook is very encouraging."