VANCOUVER, April 20, 2015 /CNW/ - Smartcool Systems Inc.
(TSX-V: SSC) is pleased to announce that the first installation
under the new relationship with SmartACR has been approved by the
franchisee owner of the 5 Guys Burger & Fries located in
Saugus, MA. The customer's cost
for the project is being substantially reduced by an incentive from
National Grid; a major electric utility in the northeast, under the
terms of a Small Business Program Customer Directed Option
Agreement. 5 Guys Burgers & Fries, headquartered in
Lorton, VA, is one of the fastest
growing quick serve restaurant chains in the U.S. with over 1,000
locations and another 1,500 under development.
Paul Gregory; Smartcool VP of
Sales - North America, explains
"this project is an exciting step in our development as we begin to
deploy our new smart thermostat to deliver Smartcool's compressor
optimization algorithm technology to the small commercial market.
Securing a repeat order from a respected national brand like 5 Guys
Burgers & Fries and receiving a financial incentive by a major
electric utility like National Grid also validates the value
proposition that Smartcool is bringing to the market."
Chris Lefaivre; Smartcool
Executive VP - North America,
states "we expect this project to be the first of many in this
region as the northeast moves into the cooling season and we plug
Smartcool's technology platform into the sales funnel developed by
Paul's team to build brand awareness and revenue growth."
Ted Konyi; CEO of Smartcool
Systems Inc. comments "the addition of the sales opportunities and
new technology developed by SmartACR will complement the new
direction Smartcool has implemented to achieve our financial goals
for the upcoming year."
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About Smartcool
Smartcool Systems Inc. (TSX-V: SSC)
provides cutting edge energy efficient and energy cost reduction
solutions for businesses around the world. The ECO3 and ESM
are Smartcool's unique retrofit technologies that reduce the energy
consumption of compressors in air conditioning, refrigeration and
heat pump systems by 15% to 20%, giving customers a return on
investment in as little as 12 months.
SOURCE SmartCool Systems Inc.