Bay Street News

Smartcool Appoints Haiwen (Helen) Qian as Executive VP Business Development

VANCOUVER, BC–(Marketwired – March 21, 2017) – Smartcool Systems Inc. (TSX VENTURE: SSC) (OTCQB: SSCFF) is pleased to announce the following update.

Ted Konyi, CEO, Smartcool Systems Inc. is pleased to announce the appointment of Haiwen (Helen) Qian as its new Executive VP Business Development.

Helen’s responsibilities will include the development of new marketing and sales strategies for the company in North America and the development of opportunities in China. With an initial focus on the North American marketplace, Helen will head up the company’s new initiative of direct sales to end users. She will be developing a sales team of agents responsible for initiating customer contact for Smartcool’s proprietary compressor optimization technology. The markets of particular interest are in commercial refrigeration, heat pumps and air conditioning as well as cooling applications in industrial processes.

Ted Konyi commented, “Helen brings a track record of successfully building several businesses as well as success in the investment community. Her skill in the development and execution of marketing and sales programs should aid in Smartcool growing its revenue and profitability, leading to enhanced shareholder value. We welcome Helen to the company as a valuable new team member.”

About Helen Qian

Haiwen Qian was educated at Tianjin University of China with an Electronic Engineering degree. During her 20 Years in various business ventures in Canada, she has founded and operated successful business in Manufacturing, Educational training and International Trading. She is an independent investor and a business consultant. She has been involved in numerous business development projects for North American companies. She has extensive experience in assisting North American companies to become established, funded and to set up operations in China.

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 up to 40%, 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 Israel. 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