VANCOUVER, Feb. 4, 2016 /CNW/ - Legend Power Systems,
Inc. (TSXV: LPS), DP Murphy Hotels & Resorts (DPM)
and Haven Consultants International (Haven) are pleased to
announce the successful installation of Legend's energy saving
Harmonizer in DPM's Charlottetown PEI Holiday Inn Express property.
Legend's Harmonizer is an innovative clean-tech offering that
reduces energy usage through Conservation Voltage Reduction (CVR).
With the installation of the Harmonizer, DPM has reduced their
annual carbon footprint by 8 metric tons and are saving over
$6,700 per year yielding an ROI of
20%.
"We are very pleased with the energy savings Haven have helped
us achieve through the installation of the Legend Harmonizer.
We are proud to be the first business in Canada's Maritimes to utilize Legend's
innovative energy conservation solution" says Danny Murphy, Founder of DPM Hotel &
Resorts. "We are currently looking at implementing the
Harmonizer in our other properties and hope to see other local
business follow suit."
Power generation in Canada's
East is carbon intensive, relying on traditional fossil fuels such
as coal to generate energy. The global quest to reduce
greenhouse gas (GHG) emissions is strong and gaining
momentum. Energy conservation solutions, such as Legend's
Harmonizer, are one of the most economical ways for businesses to
reduce their GHG emissions while also saving money and increasing
bottom line profitability.
Legend has installed over 100 Harmonizers across North
America. The installation at DPM's Charlottetown PEI location
marks the first in the Maritime Region, expanding Legend's presence
from Coast to Coast in Canada. Haven Consultants
International, a Legend sales partner in Maritime Canada, has
overseen the installation of hundreds of energy conservation
retrofits in the UK and Europe and
is working closely with the likes of DPM and other businesses to
identify opportunities for savings with Legend's Harmonizer.
Having earned the distinction of being the first hotelier in
Canada to install the Harmonizer,
and on the back of great results, DPM is working with Haven to
evaluate the other properties in their portfolio.
To learn more about this project please click here:
http://legendpower.com/downloads/DPMCaseStudy.pdf.
About Legend Power Systems Inc.
Legend Power Systems Inc., "LPS" (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). LPS 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, LPS is also a key
contributor toward utility conservation goals. LPS was
recognized as the top performing clean tech company on the TSX/V
for 2015.
About Haven Consultants International
Haven Consultants International is a leading engineering
consultancy firm. Originally operating in the UK, they have now
established operations in North
America to offer their considerable experience in the energy
efficiency market. Through many years working at the cutting edge
of European efficiency initiatives they have developed unrivalled
experience dealing with some of the world's more advanced
technologies in this field.
About DP Murphy Hotel & Resorts
D.P. Murphy Inc. was founded by Danny
Murphy in 1980 with the opening of two Tim Horton's restaurants on Prince Edward Island. Since then, the company
has grown to include five premier brand names throughout
Prince Edward Island, Nova Scotia, New
Brunswick and Quebec. The portfolio of accommodation
properties at the moment include the Holiday Inn Express
Charlottetown PEI, Holiday Inn Express Saint John NB, Super 8
Charlottetown, Hampton Inn & Suites by Hilton Moncton, Dalvay by the Sea, Hampton
Inn by Hilton Sydney NS, Future Inns Hotel & Conference Center,
Moncton NB and has recently acquired
Lakeview Inn & Suites Fredericton,
NB.
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.
SOURCE Legend Power Systems Inc.
