Legend Power to Exhibit at Ontario Association of School Business Officials

04-27-17 | Featured News, Press Releases

Legend Power to Exhibit at Ontario Association of School Business Officials

74th Annual Conference & Trade Show

Vancouver, Canada, April 26, 2017 – Legend Power Systems Inc. (TSXV: LPS), a global leader in voltage reduction and optimization technology, today announced it will be attending and exhibiting at the Ontario Association of School Business Officials (OASBO) annual conference and trade show. The education sector represents a break-out market vertical for Legend. The decision to exhibit demonstrates the company’s commitment to helping schools across Ontario reduce their power costs by imparting more control over their incoming voltage.

OASBO brings together school business professionals to collaborate on industry leading business practices and for skills development. Since 1944, the association has held an annual conference to champion the sharing of information, best practices, and efficiency measures. The 74th annual conference from May 3rd to 5th in Niagara Falls Ontario represents Legend’s inaugural exhibition at this event.

Legend Power’s Harmonizer is an energy efficiency product that measures incoming voltage and reduces it to an optimal level. Electricity Utilities in Ontario and across North America over-supply voltage to compensate for the natural and uncontrollable challenges inherent to supplying power over vast distances. Overvoltage drives all of the electrical equipment in a building harder than ideal, causing more power to be consumed than necessary and premature equipment failure. The Harmonizer makes schools better by helping them save up to 8% on power costs and by reducing maintenance frequency.

“We are excited to support OASBO’s annual conference by showcasing our Harmonizer technology,” stated Richard Whitehead, Director of Marketing at Legend Power. “The education sector is savvy when it comes to reducing their environmental footprint and greenhouse gas emissions. Our Harmonizer product is a perfect solution because it helps schools save money on power and reduces their impact on the environment. Saving money on power frees-up more funds for educating students making the Harmonizer a real win for everybody.”

Of the 13 market verticals in which Legend Power operates, the education sector has proven to be one of the fastest early adopters of voltage optimization technology with over 23 systems sold . Exhibition at the OASBO conference will open new sales opportunities for Legend as more influential school business professionals learn about the cost saving value offered by the Harmonizer product. In addition to regular orders from new education customers, Legend Power is at the beginning stages of realizing multi-unit, repeat orders from Ontario School Boards looking to outfit more facilities within their purview.

About Legend Power Systems Inc.

Legend Power Systems Inc. (www.legend20.wpengine.com) markets a proprietary device, the ‘Harmonizer’ that helps individual buildings reduce energy consumption through the utility-proven concept of Conservation Voltage Reduction, (CVR). Legend provides customers risk free energy savings, improves the value of their physical assets, and enhances their sustainability efforts. As an application with demand side benefits, Legend is also a key contributor toward utility conservation goals. Legend was recognized as the top performing cleantech company on the TSX Venture Exchange in 2015.

 

For further information, please contact:

 

Randy Buchamer, CEO and President

+ 1 778 945 1501

rbuchamer@legendpower.com

 

Sean Peasgood, Investor Relations

+ 1 416 565 2805

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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