Legend Joint Project with Fortune 100 Global Corporation Achieves Milestones

11-13-20 | Press Releases

Vancouver, B.C., Canada – November 13, 2020 – Legend Power® Systems (TSX-V: LPS) a global
leader in commercial electrical system solutions, today announced substantial completion in the first
joint project with the U.S. energy services division (“ESCO”) of a Fortune 100 Global Corporation.
The joint project involves incorporating Legend’s SmartGATE to boost the overall performance of
two energy retrofits (see press release dated September 23, 2020) which now enters the optimization
and testing stage.

Legend’s ESCO partner has indicated that SmartGATE is now being included in addition to its
project proposals across several U.S. regions as a principal energy savings measure.
Partnering with the largest energy service company performance contractor in the U.S. is an
important milestone for Legend Power as it establishes significant new sales channels and revenue
streams for the Company. The partnership provides Legend with instant access to decades-long,
trusted relationships in an expanded set of market verticals with little or no marketing, sales or
infrastructure costs. Legend is in discussions with several of the leading U.S. ESCOs and expects
to commence initial projects with several of them during 2021.

About the U.S. ESCO Market
The ESCO market in the U.S. is a US$15 billion a year business that bundles energy conservation
measures for large public entities such as government organizations and others. SmartGATE is a
patented, unique and differentiated offering, which provides our new partner a significant competitive
advantage. These advantages include enhanced energy savings performance, electrical systems
reliability and power quality management capabilities which boost our ESCO partner’s value
proposition and delivers it more sales wins.

About SmartGATE™
SmartGATE is an industry-leading, turnkey solution, which identifies and fixes underperformance
and waste in the electrical system of a commercial building. These performance issues often impact
key areas of commercial real estate metrics including occupant safety and satisfaction and financial
performance. This waste can also lead to higher operating costs, lower net operating income and
other potential financial risks to the building owner, including damaged tenant experience.

About Legend Power® Systems Inc.
Legend Power® Systems Inc. (www.legendpower.com) provides an intelligent energy management
platform that analyzes and improves building energy challenges, significantly impacting asset
management and corporate performance. Legend’s proven solutions support proactive executive
decision-making in a complex and volatile business and energy environment.


For further information, please contact:
Steve Vanry, CFO
+ 1 604 671 9522

Sean Peasgood, Investor Relations
+ 1 647 503 1054

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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