VANCOUVER, British Columbia, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Legend Power® Systems Inc. (TSX-V: LPS), a global leader in voltage management technology, announces the addition of a new 4000 Amp system to its product line. With seven current systems between 600 and 2500 Amps, the new unit represents a 60% increase in total system capacity offering Legend’s customers access to a significantly enhanced range of power management solutions providing a superior solution and economics.
The new system’s increased voltage management capabilities significantly enhance Legend’s addressable market. The need is particularly acute in large U.S. markets where the size and density of buildings requires capabilities previously beyond Legend’s reach. Legend and a key contractor partner are pleased to have installed the unit as specified electrical equipment in a recently completed big box retail customer building.
Said Legend’s CEO Randy Buchamer, “We see tremendous opportunity in the large U.S. markets for a bigger capacity, enhanced system to further extend our value proposition. Legend is now capable of providing a leading energy solution for virtually all commercial buildings in our target verticals including big box retail, major office towers, and large scale multi-residential.”
About Legend Power’s 4000 Amp Harmonizer™
The enhanced capacity of the 4000 Amp Harmonizer system provides customers a strong value proposition for buildings with significantly higher power demand. Previously, Legend was either unable to offer a solution, or would have to install two or more systems to address client needs. Meeting energy management requirements with a single 4000 Amp unit means lower capital outlay and a shorter payback period.
About Legend Power® Systems Inc.
Legend Power® Systems Inc. (www.legendpower.com) is a global leader in voltage management technology. We help buildings use less energy by eliminating ‘overvoltage’; an inherent challenge associated with power grids around the world. Legend’s industry-proven Harmonizer™ enables dynamic power-management of an entire building. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend’s unique solution is also a key contributor to both corporate sustainability efforts, and the meeting of utility energy efficiency targets.
For further information, please contact:
Steve Vanry, CFO
+ 1 604 671 9522
svanry@legendpower.com
Sean Peasgood, Investor Relations
+ 1 647 503 1054
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.
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