VANCOUVER, British Columbia, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Legend Power® Systems Inc. (TSX-V: LPS), a global leader in voltage management technology, today announced recently completed sales of 5 Harmonizer™ systems totaling C$475,039, to three different K-12 Ontario school boards.
One of the systems was the fourth follow-on purchase by a school board which has now outfitted 7 of its schools with Legend’s Harmonizer. The other two school boards are both first time buyers, purchasing 1 and 3 Harmonizers respectively.
With this latest sale of 5 units, 26 Ontario school boards have now purchased 127 Legend Harmonizers. There are 66 K-12 school boards in Ontario which, collectively, administer 3,975 elementary schools and 902 secondary schools.
“Given the size of the Ontario K-12 schools segment, we are delighted with the continued strong level of activity and the confidence it shows in both our company and our product,” said Randy Buchamer, CEO of Legend Power® Systems. “We look forward to continued growth in the Ontario education vertical as a whole.”
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 Harmonizer™ 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
+ 1 604 671 9522
svanry@legendpower.com
Sean Peasgood, Investor Relations
+ 1 647 503 1054
sean@sophiccapital.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
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