VANCOUVER, May 20, 2015 /CNW/ - Smartcool Systems Inc. (TSX-V: SSC) Ted Konyi, CEO, is pleased to announce the formation of an advisory board to assist the company with new initiatives to scale the business. Ted stated, "These gentlemen bring a wealth of experience in the financial and operational arena that a small company like Smartcool could never afford. Having already had an inaugural meeting, it is clear that they bring tremendous insight to the company. All the members have invested in the company and are eager to help Smartcool capture some of the tremendous potential that exists. We look forward to working with them. While in this high growth phase of our business we will be meeting monthly."
The following is a brief description of the members.
Owen McCreery:
Over a span of 36 years, Mr McCreery has been employed by various organizations as an accountant, financial analyst and partner/director. In 1973, he joined Beutel Goodman and held various positions ultimately becoming President and CEO in 1994 till retiring in 1999. From 2002 to 2009 he was a Director of the TSX Group and a member of the Finance Audit Committee.
Malcolm Bruce Leggett
With 50 plus years in the business world, Malcolm has been involved in starting a number of companies, most still operating to this day. He was a Co Founder, President and CEO NSC Minerals Ltd, which started in 1988 with just an idea and a dream. Malcolm built a very strong team around him, which has grown NSC to the multi million-dollar success story that it is today.
NSC is a major supplier of NaCl (Salt) that supplies its products throughout Western Canada and the Central and Western United States. NSC owns 400 plus rail cars, has muli storage facilities in Canada and the USA. In May 2014 Malcolm stepped down as President and CEO and now is Executive Chair of the Board of NSC minerals
Jay N. Friesen
Jay has over 40 years of business experience, having successfully built and sold a private investment company that managed in excess of $85M in capital. He is a past member of the insurance industry's Million Dollar Round Table. He has been the director of both provincial and national charitable organizations. He is a skilled communicator; negotiator and facilitator. The last 10 years of his career have been focused on public companies; assisting in capital raises and overall corporate development.
Andrew Loza
Andy started his Wall Street career in 1980 working for Heinold Commodities in New York City trading stocks and futures. He started his own firm Appl International in 1986, which is currently registered with the National Futures Association. He has been a trader for 25 years developing mechanical algorithms to trade futures and options for Management trading systems. He has also been an independent trader for hedge funds. Andy is currently the president of Trigon Medical that has a FDA approved heart machine that uses new technology to detect CAD (coronary artery disease).
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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 North America. 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.
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About Smartcool
Smartcool Systems Inc. (TSX-V: 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.
SOURCE SmartCool Systems Inc.
WEB www.smartcool.net and www.smartcooleco3.com, EMAIL [email protected]; Investor inquiries, Mike Kordysz, TEL +1 604 904 8632, EMAIL [email protected]
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