Vancouver, Canada, September 12, 2018 – 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 HarmonizerTM
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 HarmonizerTM 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
Sean Peasgood, Investor Relations
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
This Press Release may contain statements which constitute “forward-looking information”, 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.
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