Real Estate Services Group CB Richard Ellis Introduces Smartcool's Technology to...

Real Estate Services Group CB Richard Ellis Introduces Smartcool's Technology
to Portfolio of Managed Property

Philippine Property Manager Assists Clients with Energy Savings
Initiative

VANCOUVER, June 30 /PRNewswire-FirstCall/ - Smartcool Systems Inc. (TSXV: SSC)
is pleased to announce that its distributor, Smartcool SEA Pte. Ltd., based in
Makati City, has signed a marketing agreement with CB Richard Ellis
Philippines, Inc. ("CBRE"). As part of the agreement, CBRE will recommend the
use of Smartcool's innovative energy reduction technologies and assist
Smartcool with the introduction and deployment of these technologies within
their expanding managed property portfolio in this region.
"Commercial buildings are one of the biggest culprits globally in energy
consumption and greenhouse gas emissions and this is no different in this part
of the world," stated David Verlee, CEO of Smartcool SEA Pte. Ltd. "The proven
technologies that Smartcool has developed provide an excellent economic
solution that meets the requirements of commercial building managers to
control building costs for its clients and reduce the size of their carbon
footprint. The portfolio that CBRE currently manages provides us with a
significant opportunity in this region."
"Our distributor in the Philippines is making significant inroads in their
region and this agreement with CBRE, a globally recognized name, is a clear
indication that our energy efficiency solutions are being marketed very well,"
added George Burnes, President and CEO of Smartcool Systems Inc. "Our clients
have indicated that reduction in energy consumption and carbon emissions are
important but ultimately it is the quick return on investment provided by
Smartcool's solutions, usually around twenty four months, that allows them to
commit capital to a retrofit program."

About CB Richard Ellis Philippines Inc.

CB Richard Ellis Philippines was established in 1998 and has been prominent in
the Philippine market since 1995 through a previous Richard Ellis association.
CB Richard Ellis Philippines currently employs over 200 highly qualified
personnel and is rapidly expanding to serve clients with a full range of
property services.
The firm has established its position as a market leader in the commercial
brokerage services segment and undertakes a larger proportion of Tenant
Representation assignments for Multi-national Corporations entering or
expanding operations in the Philippines. The support services of residential
brokerage are also an integral part of the full brokerage services to clients.
The company is also rapidly expanding its operations in Asset Services, with
currently over 1.4 million square feet or over US$400 million of prime
commercial, residential properties under it management, spread over major
cities in Metro Manila, including Makati City, Ortigas Center-Pasig, Fort
Bonifacio and the City of Manila.
The Research and Consultancy Department has an excellent track record
providing professional advisory services to: financial institutions, large
domestic corporations, multi-national corporations and government
institutions, fund managers, international real estate funds and investment
banks.

About Smartcool Systems Inc.

Smartcool Systems Inc. (SSC: TSX.V) manufactures and distributes the Smartcool
Energy Saving Module (ESM)(TM) and the ECO(3)(TM), which make refrigeration
and air conditioning systems more efficient, resulting in proven cost savings,
reduced energy consumption, and a smaller carbon footprint. The Smartcool
ESM(TM) can be retrofitted to existing refrigeration and air conditioning
systems and is compatible with all known control systems. More than 26,000
units have been installed worldwide for customers such as supermarkets, food
distributors, telecommunications companies, hospitals, and hotels. Smartcool's
new ECO(3)(TM) provides the same environmental and cost-saving benefits to
residential and commercial customers using one and two compressor cooling
systems.

The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release.

SOURCE SmartCool Systems Inc.

Investors: Allan Thompson, Phone: (604) 669-1388, or 1-888-669-1388, Email:
allant@smartcool.net; Customers: Chris Lefaivre, Phone: (604) 669-1388, Email:
chrisl@smartcool.net