Credit Cards

Comprehensive credit and loan news coverage

Recently...

Archive
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004
October 2004
 

Smartcool enters golf course market; announces five year energy savings installation agreement

5 May 2006

r> VANCOUVER, May 3 - Smartcool Systems Inc. (TSXV: SSC), an advanced energy savings technology company, is pleased to announce it has signed an agreement to share in the energy savings generated from the installation of the ESM 4000 Energy Savings Module with Siena Golf Club located in Las Vegas, Nevada.


Under this program Smartcool installs the ESM 4000, collects data for a one month period to verify the KW savings and calculates the annual savings available to the customer. In consideration for Smartcool installing the equipment at its cost, the customer agrees to share the monthly savings equally with Smartcool and also authorize the Utility to pay the rebate directly to Smartcool which will offset some of the capital cost of the equipment to be installed.


The benefit to the customer is the increase in monthly cash flow as expenses are reduced. The benefit to Smartcool is the recurring revenue it can receive during these five year renewable contracts.


This first install of a golf course facility will allow Smartcool to grow its business in this area through associated golf facilities. Smartcool has been actively marketing to Golf courses in the area due to favourable ambient conditions and high energy consumption seen in these facilities. Smartcool is in discussions with a number of other courses to enter into trial agreements.


About Smartcool Systems:


Smartcool distributes the Abbotly Technology that reduces electric usage on air conditioning and refrigeration compressors. The ESM 4000 works in conjunction with existing compressor equipment. It does not replace it and can improve upon existing savings systems. It does cause compressors to work at maximum efficiency but does not allow or cause over-cycling. Smartcool holds exclusive rights for the ESM in all of North America.


For additional information please contact:


George Burnes, 604-669-1388 or 1-888-669-1388 or georgeb@smartcool.ca


The TSX Venture Exchange has neither approved nor disapproved the


contents of this press release.

Source: prnewswire


Author:  
Email:    
Topic:    
Content:

All trademarks and copyrighted information contained herein are the property of their respective owners.


Related Articles


 
Mortgage News
Law News
Life Insurance
Legal Action

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z