Smartcool receives order from large property management group in the Philippines

VANCOUVER, Dec. 9 /PRNewswire-FirstCall/ – Smartcool Systems Inc. (TSXV: SSC), is pleased to announce that the Company’s distributor in the Philippines, Smartcool S.E. Asia Inc., has entered into a sales agreement with Ayala Property Management Corporation (“APMC”) in the Philippines, to install Smartcool’s Energy Savings Module (ESM(TM)) in the entertainment wing of their Greenbelt 3 Mall located in the Ayala Center in Makati City.

This adoption of Smartcool’s green technology by APMC, a wholly owned subsidiary of Ayala Land, Inc., is the initial installation of a more extensive roll-out within their property management portfolio that is made up of shopping malls, residential and office towers and industrial/commercial facilities within the Philippines premier business district, Makati City.

Management has committed to expanding Smartcool’s global presence and the Philippines represents an ideal region in which the ESM(TM) can be implemented. South East Asia has high temperatures and high humidity which requires significant power requirements for air-conditioning and refrigeration. In addition, consumers in this region are paying high rates for electricity further supporting the requirement for energy efficiency technologies such as Smartcool’s ESM(TM).

“Major advancements have been made by our distributor, Smartcool S.E. Asia Inc.,” states George Burnes, President of Smartcool Systems Inc. “This particular installation is extremely encouraging as we have entered into an arrangement with a property group that has a significant portfolio and is committed to environmental management, which we feel Smartcool’s technology can be an integral part of.”

David Verlee, President of Smartcool S.E. Asia Inc adds, “This initiative represents one of many that we have been developing in this region. We are exploring opportunities in several vertical markets such as cold storage, manufacturing plants and supermarkets, and the relationships that we have developed make the outlook very encouraging. There is no doubt that the requirement for energy efficiency in this region is great and with our technical expertise we feel we can provide a service to our clients that will deliver significant economic benefits.”

About Ayala Property Management Corporation:

Ayala Property Management Corporation (APMC) is a wholly owned subsidiary of Ayala Land, Inc. engaged in integrated property management services including building administration and maintenance, lease administration activities, commercial center and subdivision maintenance, and special technical services. It continues to provide property management services for shopping centers, subdivision, parking structures, waterworks operations and other properties developed by Ayala Land and its subsidiaries. APMC is best known for managing strategic parking facilities, office and residential towers in the Philippines’ premier business district, Makati City. It pioneered in automating parking operations and continues to introduce similar innovations in its other areas of operation such as recycling water from households for non-potable uses. For more information please visit http://www.ayalaproperty.com.

About Smartcool S.E. Asia:

Smartcool S.E. Asia was incorporated for the purpose of selling, marketing and distributing Smartcool’s technologies in Asia. The management group has vast experience assisting companies to develop strategies for entry into the Asian market place by offering professional market research and competitive analysis enabling the implementation of well thought-out development plans. With engineers, sales people and technicians working from offices in Manila, and a solid reputation within the energy efficiency/environmental community, Smartcool S.E. Asia is well positioned to take advantage of opportunities in this region.

About Smartcool Systems Inc.

Smartcool Systems Inc. (SSC: TSX.V) manufactures and distributes the Smartcool Energy Saving Module (ESM)(TM), which makes 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 25,000 units have been installed in North America, Asia, Europe and Australia for Smartcool customers such as supermarkets, food distributors, telecommunications companies, hospitals, hotels, universities and energy companies.

    The TSX Venture Exchange has neither approved nor disapproved the
    contents of this press release.

[Via http://www.prnewswire.com]

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