SMALL-CAP-NEWS / Smartcool Systems Inc - News Release

DJ SMALL-CAP-NEWS / Smartcool Systems Inc - News Release

israel's largest telecommunication service provider reaps benefits of 
smartcool's energy reduction technology 
 
"Smartcool Communicates Energy Reduction into Cost Savings" 
 
Vancouver, BC - September 4, 2008 
 
Smartcool Systems Inc. (TSXV: SSC), is pleased to report that the Company's 
subsidiary, Smartcool Systems E.M.E.A Ltd. has received a purchase order 
from their sub-distributor, Smartcool Systems (Israel) Ltd., regarding Bezeq 
The Israel Telecommunication Corp. Limited and the installation of the 
Energy Savings Module (ESMtm) in its facility in Tel Aviv. The order was 
received upon successful completion of an evaluation period where the ESMtm 
technology was installed onto the main chiller plant for the facility. The 
test showed energy savings (kWh) of 21% compared to existing power usage and 
reflects a 23 month payback for the installation of the equipment at current 
rates. 
 
Smartcool E.M.E.A. and Smartcool (Israel) will now be working with Bezeq in 
order to formulate a roll-out plan to install Smartcool's energy reduction 
technology throughout their other facilities. 
 
"We are very pleased with the success that Smartcool E.M.E.A. has achieved 
with Bezeq," states George Burnes, President and CEO of Smartcool Systems. 
"Israel generates its electricity from petroleum products and with the 
increase in commodity prices, commercial electricity rates have raised by 
8.54% so far this year. Power costs are very significant in the 
telecommunication industry and air conditioning formulates a very large 
piece of those costs. Smartcool is working within this industry in other 
areas of Europe and North America and are experiencing similar levels of 
energy savings. We see the telecommunicationsindustry as a major benefactor 
from our technology and Smartcool looks to see significant revenue growth 
from this sector." 
 
About Bezeq 
 
Established in 1984, Bezeq is Israel's largest telecommunications service 
provider. The Company is leading Israel into the new era of communications 
based on the most advanced technologies and services. Bezeq and its 
subsidiaries offer the full range of telecommunication services including 
domestic, international and cellular phone services; broadband Internet and 
other data communications services; multi-channel television; leased lines, 
and corporate networks. 
 
The recently released first quarter report for the period ending March 31, 
2008 indicates Bezeq Group revenues for the quarter to be New Israeli 
Shekels (NIS) 3,100 million (US$899,331,700 approx.) and pre-tax earnings of 
NIS1,093 million (US$317,086,951 approx.). 
 
Bezeq's shares are quoted on the Tel Aviv Stock Exchange under the symbol 
BEZQ. For more information please visitwww.bezeq.co.il. 
 
About Smartcool - "A Clean-Tech Company Specializing in Energy Cost 
Reduction Technologies" 
 
Smartcool Systems Inc. is an advanced energy savings solutions company 
specializing in energy and cost reduction technologies for commercial, 
industrial and retail businesses. The company's wholly owned subsidiary, 
Smartcool International Inc., is the owner, developer, manufacturer and 
worldwide distributor of the Energy Saving Module (ESMtm) and the ESM ECO3tm. 
These green technology products reduce the electricity consumption (kWh) and 
maximum demand (KW) of air conditioning and refrigeration compressors 
through enhanced system performance. Rather than replacing existing 
equipment, Smartcool's products work in conjunction with existing HVAC 
controls in order to ensure that compressors work at maximum efficiency, 
while maintaining preset temperature levels and without causing 
over-cycling. 
 
Rising global energy demand is resulting in significant increases in energy 
prices. Environmental concerns are causing both government and industry to 
re-examine the way they do business. Smartcool provides companies around the 
world with solutions to address the growing pressure to reduce energy costs, 
increase profits and reduce green house gas emissions. For more information, 
please visitwww.smartcool.net. 
 
For additional information contact: Allan Thompson, 604-669-1388 or 
1-888-669-1388 [e-mail] 
 
The TSX Venture Exchange has neither approved nor disapproved the contents 
of this press release. 
 
Allan Thompson 
Smartcool Systems Inc. 
1280 - 333 Seymour Street 
Vancouver, B.C. V6B 5A6 
Canada 
 
T: 604.669.1388 
F: 604.602.0674 
E: [e-mail] 
www.smartcool.net 
 
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(END) Dow Jones Newswires

September 05, 2008 02:16 ET (06:16 GMT)