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VANCOUVER, BC--(Marketwired - May 04, 2016) - Smartcool Systems
Inc. (TSX VENTURE: SSC) (OTCQB: SSCFF) is pleased to announce the addition of a new distributor operating primarily
in Ireland (Northern Ireland and Republic of Ireland) and branded as "Smartcool Ireland." While the agreement was signed in the
fourth quarter of 2015, there has been considerable activity in the early part of this year. Several pilot installations of
Smartcool's energy efficiency technology have been completed across various market sectors.
Most recently, Smartcool Ireland was invited to exhibit at "The Energy Event 16" in Dublin in the Energia Group booth,
showcasing Smartcool's HVAC efficiency technology. Energia Group is part of the Viridian Group, providing electrical energy to
customers in Ireland. There was significant interest in Smartcool products at the show from companies in the Health, Technology,
Manufacturing and Telecom sectors. This has lead to requests for quotations with numerous public and private sector
enterprises.
Smartcool Ireland has applied for Energy Efficiency Grants both in Northern Ireland and the Republic of Ireland. Business
Director of Smartcool Ireland Cormac Mac Artain commented, "We are very confident that pending preliminary monitoring and
verification of the product's saving performance, that our application will be successful and we are very excited to initiate the
roll out of the Smartcool product range to the Commercial/Industrial sector on the Island of Ireland over the remainder of 2016 and
beyond."
Steven Martin, EVP UK and EMEA, stated, "We are very pleased to be working with Cormac and his team in Ireland. The high level
of interest demonstrated at the recent Energy show, suggests that many new sales may be forthcoming. Ireland has one of the highest
electricity kWh costs in Europe. Should Smartcool Ireland be awarded efficiency grants, this would create significant additional
incentive to deploy Smartcool's energy efficiency technologies in Ireland."
About Smartcool
Smartcool Systems Inc. (TSX VENTURE: 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.
Legal Notice Regarding Forward Looking Statements
This news release contains "forward looking statements". Forward-looking statements are projections of financial
performance or future events. Forward-looking statements can be identified by the use of words such as "expect", "anticipate",
"intend", "plan", "believe", "estimate" and words of similar meaning. Forward-looking statements are based on management's current
expectations and assumptions and they are subject to risks that may cause actual results to differ materially from those expressed
or implied by such forward looking statements. Forward-looking statements in this news release include those concerning the
company's belief in the growth opportunities in the UK. These statements are subject to risks that may cause the actual results to
be materially different in future periods from those expressed or implied by such forward looking statements. Risks that may
prevent or delay the forward looking statements from coming to fruition as anticipated include the availability of working capital,
risks inherent in product development, as well as market factors that may increase costs or time to market. It is our policy not to
update forward looking statements except to the extent required under applicable securities laws. Further information on the
Company is available at www.sedar.com or
at the Company's website, www.smartcool.net.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or
accuracy of this release.
For further information
WEB www.smartcool.net and www.smartcooleco3.com EMAIL info@smartcool.net
Investor inquiries:
Mike Kordysz
Vice President, Investor Relations
TEL +1 604 904 8632
EMAIL mike.kordysz@smartcool.net