TORONTO, Nov. 10, 2015 /CNW/ - Legend Power
Systems Inc. (LPS.V) ("Legend") is pleased to announce the
successful Harmonizer installation at its 5th
university/college. By installing Legend's Harmonizer at a
few of these institutions' facilities they are saving over
$60,000 per year and over 90
tons of GHG emissions, which only represents a fraction of the
energy savings potential that Legend can help deliver in this
influential market segment. Legend is confident that these
leading institutions will enjoy significant savings through their
purchase of the Harmonizer and will be keen to have many of their
buildings running more efficiently and become key influencers for
other post-secondary schools.
North America is home to over
4, 000 post-secondary institutions, many of which have large
multi-facility campus environments where multiple Harmonizers can
be deployed. These 4,000+ campuses represent an estimated
$395 million market for Legend.
All 4,000+ of these campuses are currently wasting energy and
money and are under continued pressure to reduce their energy
usage. Legend's Harmonizer can effectively address the voltage
related inefficiencies in these facilities.
"The Post-Secondary market is a great vertical for Legend. We
are pleased with the savings we have helped achieve and look
forward to future opportunities in Ontario and other jurisdictions," says
Randy Buchamer, President
& CEO.
Legend first announced its entry into the post-secondary market
in Early 2015 with OCAD University and has since begun work with
other major universities and colleges in both Ottawa and Toronto.
About Legend Power Systems Inc.
Legend Power Systems Inc. (www.legendpower.com) is a leading
electrical energy conservation company that manufactures and
markets a patented device to help commercial and industrial
customers achieve significant energy savings through voltage
optimization. Legend Power's Electrical Harmonizer helps companies
reduce their electricity bills, maintenance costs, and increases
the life of electrical equipment, while contributing to a reduction
in greenhouse gas emissions. Legend Power was recognized as the top
performing clean tech company on the TSX/V for 2015.
SOURCE Legend Power Systems Inc.