Smartcools Energy Savings Technology Purchased By Philippine Retail GroupSmartcool Systems Inc. (TSXV: SSC), is pleased to announce that the company's distributor in the Philippines, Smartcool S.E. Asia, has entered into a sales agreement with Walter Mart in the Philippines, to install Smartcool's Energy Savings Module (ESM(tm)) in their chain of Supermarkets and Community Shopping Centres. Walter Mart, who currently operates 14 shopping malls with a further 3 under construction, forms part of the Abenson Retail Group, the Philippines largest appliance retail chain with over 70 stores nationwide. The Abenson Group also includes other super store retail outlets such as, Abenson (consumer electronics and home appliances), Avant (lifestyle electronics and appliances), Electroworld (computers and electronics) and Abea (modern lifestyle furniture). The Abenson Group has committed to help develop strong communities from both an economic and environmental standpoint and Smartcool's ESM(tm) forms an integral part of this commitment. The ESM(tm) will initially be installed in the Walter Mart chain of malls and upon completion; a further rollout within the Abenson Group will be evaluated. "The Philippines is an ideal location for our energy reduction technology to be installed," states George Burnes, President of Smartcool. "With high temperatures and high humidity the requirement to power air conditioning and refrigeration applications is great. When you include the high rates being paid for electricity in the Philippines one can see the enormous economic benefits that can be generated using our ESM(tm)." "The Philippines provides a very large opportunity for Smartcool and in Smartcool S.E. Asia we have a distributor with a significant presence in this region and strong technical expertise in order to take advantage of this market opportunity," added Chris Lefaivre, Smartcool's Vice President of Sales. "In addition to this particular initiative, the distributor has developed many other relationships in the region in several other sectors. These vertical markets include supermarkets, cold storage facilities, manufacturing plants, property management groups and commercial buildings. With several other testing programs underway, we are confident that Smartcool S.E. Asia has the expertise to make the ESM(tm) a success in this region." 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. is an advanced energy savings solutions company specializing in energy and cost reduction technologies for commercial and retail businesses. The company's wholly owned subsidiary, Smartcool International Inc., is the owner, developer, manufacturer and worldwide distributor of the Energy Saving Module (ESM(tm)). This green technology reduces the electricity consumption (kWh) and maximum demand (KW) of air conditioning and refrigeration compressors. Rather than replacing existing equipment, the ESM(tm) works in conjunction with existing controls in order to ensure that compressors work at maximum efficiency, while maintaining preset temperature levels and without causing over-cycling. Rising global energy demand is resulting in significant increases in energy prices. Environmental concerns are causing both government and industry to re-examine the way they do business. Smartcool provides companies with solutions to address the growing pressure to reduce energy costs, increase profits and reduce green house gas emissions. For more information, please visit www.smartcool.net. For additional information contact: Allan Thompson, 604-669-1388 or 1-888-669-1388 or
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