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posted on Jan 19, 2010 12:06PM
Up 4¢ or 13.8% on this NR alone
Spanish telecommunications giant Telefónica rolls out Smartcool's Energy Savings Module
Jan. 19, 2010 (Canada NewsWire Group) --

VANCOUVER, Jan. 19 /CNW/ -- Smartcool Systems Inc. (TSXV: SSC) is pleased to announce the recent signing of a contract between its Spanish sales channel Enertek, and the largest Spanish telecoms service provider Telefónica Espana, for the implementation of Smartcool's Energy Savings Module(TM) (ESM(TM)) technology to over 40 site locations within the Spanish regions of Madrid, Catalunya, Pais Vasco and Valencia.

The contract, signed in early December, calls for the installation of the ESM units to be concluded by the end of February 2010. Telefónica S.A. is one of the world's largest telecommunications companies. Its activities are centred mainly on the fixed and mobile telecommunications industry, while its broadband business is the key growth driver underpinning both. The company operates in 25 countries boasting a customer base exceeding 268 million across the globe. In Spain, the Group has over 85 years experience with more than 15 million fixed lines, more than 5 million data and Internet access and more than 23.4 million mobile customers.

The excitement around this signing was further highlighted by George Burnes, President and CEO of Smartcool Systems Inc. who stated; "We are delighted to be working with a telecommunications industry leader of such magnitude, and look forward to further expansion in this market vertical within the European region". Mr. Burnes went on to add that the roll out proves to further underline the capabilities of Smartcool's energy efficiency technologies within the market, as well as the company's effectiveness in providing a significant and economical energy cost saving solution.

About Smartcool Systems Inc.

Smartcool Systems Inc. (TSX-V: SSC) manufactures and distributes the Smartcool Energy Saving Module (ESM)(TM) and the ECO3(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 ECO3(TM) provides the same environmental and cost-saving benefits to residential and commercial customers using one and two compressor cooling systems.

About Enertek

Enertek is an Engineering Consultancy created in 2004, with an office in the Basque country that provides its Spanish customers a team of skilled technicians in all matters related to energy savings. The firm has established its position within the supermarket, hotel, food processing, telecommunication and chemical industrial sectors, with the purpose to provide services focused on energy efficiency, with concrete profitable results, providing customized cooling and lighting solutions, and contributing to the improvement of the environment.

For more information, visit www.enertek.es

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Source: CNW (January 19, 2010 - 9:30 AM EST)

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