Last updated on April 20, 2014 at 17:20 EDT

Con Edison Grants Smartcool Market Partner Status

August 24, 2011

VANCOUVER, Aug. 24, 2011 /PRNewswire/ – Smartcool Systems Inc. (TSX-V: SSC) has achieved Market Partner status in the Con Edison
Commercial and Industrial (C&I) Energy Efficiency Program. Con Edison
provides electricity and gas to customers in New York City and
Westchester County.  The C&I program provides cash incentives and
rebates to area businesses for the installation of approved energy
efficiency measures in their facilities, including lighting, LED’s,
HVAC systems, VFDs, refrigeration, steam and heat pumps to name a few.

George Burnes, President & CEO, talks about the impact this program
approval has for Smartcool.  “Our energy efficiency products already
offer a long list of financial and environmental benefits to our
customers, and being listed as a Market Partner with Con Edison
provides an additional incentive to choose Smartcool.  This is also a
crucial first step in getting our products pre-approved for rebate, and
we are looking forward to working towards this with Con Edison.”

Inclusion in utility rebate programs is an extremely effective way of
increasing the visibility of energy efficiency products such as
Smartcool’s to end customers. These programs provide financial
incentives that help offset the cost of efficient equipment upgrades.
Implementing energy efficient upgrades in a facility can help improve a
company’s bottom line by reducing energy usage and increasing a
building’s overall performance.

Neither the TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release.

About Con Edison
Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one
of the nation’s largest investor-owned energy companies, with
approximately $13 billion in annual revenues and $36 billion in assets.
The utility provides electric, gas and steam service to more than three
million customers in New York City and Westchester County, New York.
For additional financial, operations and customer service information,
visit us at www.conEd.com, at our green site, www.coned.com/thepowerofgreen, or find us on Facebook at Power of Green.

About Smartcool
Smartcool Systems Inc. (TSX-V: SSC) provides energy efficiency solutions
for businesses around the world.  The ESM(TM) and ECO(3)(TM) are Smartcool’s unique retrofit technologies that reduce the energy
consumption of compressors in air conditioning, refrigeration and heat
pump systems, with no risk to existing equipment performance.  www.smartcool.net

SOURCE SmartCool Systems Inc.

Source: PR Newswire