VANCOUVER, British Columbia, July 03, 2018 (GLOBE NEWSWIRE) -- Legend Power® Systems Inc. (TSX-V: LPS ), a global leader in voltage management technology, is pleased to announce the follow-on purchase of ten Harmonizer™ systems by an Ontario-based K-12 school board, totalling C$931,601. With this order, the purchasing school board will have outfitted 19 of its schools with Legend’s energy-saving solution.
“We are delighted with the continued strong level of activity in the education vertical in Ontario, and note a significantly reduced sales cycle timeline associated with customer purchases in this vertical. As we continue to replicate the keys to success in our other targeted verticals and realize acceleration of adoption and growth in them, we anticipate a similar shortening of sales cycles,” said Randy Buchamer, CEO of Legend Power Systems.
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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