TORONTO, Dec. 2, 2015 /CNW/ - Legend Power Systems,
Inc. (LPS.V) ("LPS") is pleased to announce the addition of
three major owner/operator real estate groups to its customer base
during the current fiscal quarter. Each group has targeted key
assets in the greater Toronto area
for installation of LPS's non-disruptive energy saving device, the
Harmonizer. Aggregate results of these projects will yield annual
energy savings of approximately 5%, with an average payback of less
than three years.
These three major operators represent a combined 100+ million
square feet of office, retail and hospitality space and over 56,000
residential suites under management. There is significant potential
for LPS's offering to enhance sustainability efforts, improve net
operating income, and increase asset value.
"Large real estate groups are looking to LPS to help them gain a
competitive advantage. Our solution offers a quantifiable, market
competitive ROI that directly impacts the bottom line and drives
real value for stakeholders", says Randy
Buchamer, President and CEO. "These projects represent
giant strides for LPS in this market segment and we look forward to
helping our real estate customers enhance their portfolio
value."
With over 1 million buildings in North
America, the commercial real estate sector denotes LPS's
most sizable market opportunity. As energy rates continue to
increase, LPS's voltage optimization technology is uniquely
positioned as an innovative way to lower electricity costs for
North America's largest real
estate groups in a manner that is seamless to building
occupants.
About Legend Power Systems Inc.
Legend Power Systems Inc., "LPS" (www.legendpower.com)
manufactures and markets a patented device, the 'Harmonizer' to
help commercial and industrial customers reduce their energy
consumption through voltage optimization. LPS provides customers
risk free energy savings, improves the value of their physical
assets, and enhances their sustainability efforts.
LPS was recognized as the top performing clean tech company on
the TSX/V for 2015.
SOURCE Legend Power Systems Inc.