(TheNewswire)
Vancouver, Canada / TheNewswire / April 27, 2017 - Legend Power Systems Inc. (TSXV: LPS), a
global leader in voltage reduction and optimization technology, today announced it will be attending and exhibiting at the Ontario
Association of School Business Officials (OASBO) annual conference and trade show. The education sector represents a break-out
market vertical for Legend. The decision to exhibit demonstrates the company’s commitment to helping schools across Ontario reduce
their power costs by imparting more control over their incoming voltage.
OASBO brings together school business professionals to collaborate on industry leading business practices and for
skills development. Since 1944, the association has held an annual conference to champion the sharing of information, best
practices, and efficiency measures. The 74th annual conference from May 3rd to 5th in
Niagara Falls Ontario represents Legend’s inaugural exhibition at this event.
Legend Power’s Harmonizer is an energy efficiency product that measures incoming voltage and reduces it to an optimal
level. Electricity Utilities in Ontario and across North America over-supply voltage to compensate for the natural and
uncontrollable challenges inherent to supplying power over vast distances. Overvoltage drives all of the electrical equipment in a
building harder than ideal, causing more power to be consumed than necessary and premature equipment failure. The Harmonizer makes
schools better by helping them save up to 8% on power costs and by reducing maintenance frequency.
“We are excited to support OASBO’s annual conference by showcasing our Harmonizer technology,” stated Richard
Whitehead, Director of Marketing at Legend Power. “The education sector is savvy when it comes to reducing their environmental
footprint and greenhouse gas emissions. Our Harmonizer product is a perfect solution because it helps schools save money on power
and reduces their impact on the environment. Saving money on power frees-up more funds for educating students making the Harmonizer
a real win for everybody.”
Of the 13 market verticals in which Legend Power operates, the education sector has proven to be one of the fastest
early adopters of voltage optimization technology with over 23 systems sold . Exhibition at the OASBO conference
will open new sales opportunities for Legend as more influential school business professionals learn about the cost saving value
offered by the Harmonizer product. In addition to regular orders from new education customers, Legend Power is at the beginning
stages of realizing multi-unit, repeat orders from Ontario School Boards looking to outfit more facilities within their
purview.
About Legend Power Systems Inc.
Legend Power Systems Inc. (www.legendpower.com) markets a proprietary
device, the ‘Harmonizer’ that helps individual buildings reduce energy consumption through the utility-proven concept of
Conservation Voltage Reduction, (CVR). Legend provides customers risk free energy savings, improves the value of their physical
assets, and enhances their sustainability efforts. As an application with demand side benefits, Legend is also a key contributor
toward utility conservation goals. Legend was recognized as the top performing cleantech company on the TSX Venture Exchange in
2015.
For further information, please contact:
Randy Buchamer, CEO and President
+ 1 778 945 1501
rbuchamer@legendpower.com
Sean Peasgood, Investor Relations
+ 1 416 565 2805
sean@sophiccapital.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of
Canada accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
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regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to
the future business activities and operating performance of the Company. The words “may”, “would”, “could”, “will”, “intend”,
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activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks,
uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including the
Company’s quarterly and annual Management’s Discussion & Analysis, which may be viewed on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions
underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as
intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks,
uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not be as
anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these
forward-looking statements other than as may be required by applicable law.
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