VANCOUVER, BC--(Marketwired - April 26, 2016) - Legend Power Systems Inc. (
The units ordered, are among the higher capacity systems sold by Legend Power and those best suited for installation in large-scale buildings. Each of the units purchased will be individually placed in one of eight different retail locations.
The retailer is a long-time customer of Legend Power who has utilized our equipment with excellent results for many years. This additional purchase order is part of our customer's strategy to rollout Legend's Conservation Voltage Reduction (CVR) technology across its Canadian locations and follows closely on its order of two systems in late 2015, which are currently being installed at stores in Ontario, Canada.
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.
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
This Press Release may contain statements which constitute 'forward-looking, including statements 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", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company's future business 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.
Contact Information:
For further information, please contact:
Randy Buchamer
Chief Executive Officer and President
+ 1 778 945 1501
rbuchamer@legendpower.com
Steve Vanry, CFA
Chief Financial Officer
+ 1 604 671 9522
svanry@legendpower.com