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SmartCool Systems Inc

Exchange: TSXV Exchange | Oct 21, 2018, 9:10 AM EDT

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Smartcool Installs ECO3 at Premier League Football Club Stadium To Provide Energy Savings

The installation at a top UK Premier League Football Club Stadium will provide Energy Reductions and deliver significant Financial and Environmental Benefits.

Vancouver, British Columbia--(Newsfile Corp. - December 12, 2017) - Ted Konyi, CEO, Smartcool Systems Inc. (TSXV: SSC) (OTC Pink: SSCFF) is pleased to announce that the company has successfully completed an installation at one of the UK's top "Premier League" Football Clubs.

Energy reductions are already being recorded and look certain to exceed the expected targets that have been set by the club management.

Ted Konyi commented, " This installation carries on the success that our UK team is having with a number of market verticals. Of particular interest on this installation is that Smartcool's proprietary technology was applied to Mitsubishi Ecodan heat pumps being used to heat the domestic hot water for the stadium. This system is a more efficient method of heating hot water and either a replacement for gas fired boilers or installed on new construction as an alternative to gas fired boilers. It represents an entirely new market opportunity for Smartcool that consumes large electrical energy that can be improved through the deployment of Smartcool technology. The system operates 24/7/365and averages 1mWh per day. Anticipated ROI is 2 year or less."

Nick Weedon, Smartcool's National Sales Manager responsible for the account said, " This installation marks another successful project designed and executed by the Smartcool UK team. The application on the Clubs heat pumps broadens the base of Smartcool installations bringing both financial and environmental benefits. Working with such a prestigious client who recently topped Sky Sports Ultimate Premier League Table was exciting for us all. I look forward to working with the club on other projects in the near future."

About Maloney Associates Ltd.

The sustained energy management for the club was carried out by Keith Maloney, MD of Maloney Associates, Keith's has vast experience of over 25 years in the management of energy and environmental projects. Maloney Associates were one of the first professionals in the UK to be accredited to the CMVP (Certified Measurement Verification Professionals). They are also one of the first to be accredited "Low Carbon ISO 50001 consultants" by CIBSE. Keith and his team have fast become one of the country's leading consultants with a reputation for delivering substantial energy, costs and carbon savings.

About Smartcool

Smartcool Systems Inc. (TSXV: SSC) (OTC Pink: SSCFF) (FSE: R3W) provides cutting edge energy efficient and energy cost reduction solutions for businesses around the world.  The ECO3, ESM and ECOhome are Smartcool's unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by up to 40%, giving customers a return on investment in as little as 12 months.

For further information

WEB www.smartcool.net and www.smartcooleco3.com EMAIL info@smartcool.net

Investor inquiries
Mike Kordysz
Vice President, Investor Relations
TEL +1 604 904 8632           
EMAIL mike.kordysz@smartcool.net

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 Israel. 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.

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