Secondary Controller optimizes air conditioner efficiency.
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Press Release Summary:
Developed as secondary controller, ECO(3)(TM) optimizes cooling and heating cycles of compressor-driven heat pumps in existing air conditioning and refrigeration systems to optimize energy efficiency. It specifically reduces compressor run time and subsequent power usage for systems with one or 2 compressors. Compatible with legacy equipment and controls, solution reduces energy consumption without adversely effecting room temperature, humidity, or comfort levels.
Original Press Release:
Smartcool Launches Eco(3)(TM) to Help Smaller Businesses and Homeowners Reduce Energy Use, Save Money and Go Green
Innovative technology optimizes refrigeration and air conditioning systems, providing quick ROI for an immense global market of retail, commercial and residential customers
VANCOUVER, Feb. 25 -- Smartcool Systems Inc. (TSXV: SSC) is pleased to announce the worldwide launch of the ECO(3)(TM), an easily installed controller that provides fast return on investment (ROI) for businesses and homeowners seeking energy efficiency and cost savings from their air conditioning and refrigeration systems.
ECO(3)(TM) is a revolutionary product specifically developed as a state of the art, secondary controller for air conditioning and refrigeration systems. It provides extensive cost savings and environmental benefits by optimizing the energy efficiency of air conditioning and refrigeration systems with one or two compressors. These cooling units are found in millions of buildings worldwide.
"The ECO(3)(TM) has been developed using Smartcool's team of knowledgeable professionals who have years of extensive experience in the energy conservation field," said George Burnes, President and CEO, Smartcool Systems Inc.
The ECO(3)(TM) addresses an enormous global market that includes telecom providers, retailers, restaurants, grocery and convenience stores, hotels, branch offices and other small commercial spaces, and residences.
"The market opportunities for the ECO(3)(TM) are large and compelling," added Burnes. "Air conditioning and refrigeration expenses are significant costs of doing business, especially in warmer climates with expensive energy and electricity. By saving energy and money with the ECO(3)(TM), businesses can reinvest in areas that generate revenue and provide competitive advantage."
Smartcool's ECO(3)(TM) has already proven itself in retail and commercial applications, offering easy installation and a two to three year return on investment. Smartcool's global network of distributors, which is being enhanced with dedicated ECO(3)(TM) focused sales channels, will help Smartcool take best advantage of the ECO(3)(TM) introduction and the products' short, straight-forward sales cycle.
"Our customers' early response to the ECO(3)(TM) has been more than enthusiastic," said Chris Rogerson, CEO, Smartcool Systems Australia Pty Ltd, Smartcool's independent distributor of the Energy Savings Module (ESM(TM)) and ECO(3)(TM) in Australia and New Zealand. "The high cost of energy and the need to reduce costs are paramount concerns for our customers, and many of them have already embraced the ECO(3)(TM) for the quick, dramatic benefits it provides."
The key features of the wall-mounted ECO(3)(TM) are:
- significant reductions in compressor run time, which reduces power usage in air conditioning and refrigeration systems
- compelling price point
- compatibility with existing equipment and controls
- proven technology that reduces energy consumption by 15% with no affect on room temperature, humidity or comfort
- reduced carbon and environmental footprint
- optimizes the cooling and heating cycles of compressor-driven heat pumps
- an IP64 rating allows for outdoor installation without additional protection
- qualifies for rebates in jurisdictions such as California and Florida
"With the ECO(3)(TM) introduction, Smartcool now offers a complete product line that perfectly addresses the energy and cost-saving requirements of all markets, from residential homeowners to the largest commercial spaces," said Chris Lefaivre, Vice President of Sales, Smartcool.
About Smartcool Systems Inc.
Smartcool Systems Inc. (SSC: TSX.V) manufactures and distributes the Smartcool Energy Saving Module (ESM)(TM) and the ECO(3)(TM), which make refrigeration and air conditioning systems more efficient, resulting in proven cost savings, reduced energy consumption, and a smaller carbon footprint. The Smartcool ESM(TM) can be retrofitted to existing refrigeration and air conditioning systems and is compatible with all known control systems. More than 26,000 units have been installed worldwide for customers such as supermarkets, food distributors, telecommunications companies, hospitals, and hotels. Smartcool's new ECO(3)(TM) provides the same environmental and cost-saving benefits to residential and commercial customers using one and two compressor cooling systems.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
