Burnaby, British Columbia – Legend Power Systems Inc. (TSX-V: LPS) (“Legend Power” or “the Company”), a leading clean technology energy conservation company, is pleased to report that it has contracted Living Communications Inc. of Vancouver, B.C. to perform a variety of investor relations duties for the Company, and Peak Communicators Ltd. also of Vancouver to publicize Legend Power’s news and business developments through media relations and public relations.
Legend Power manufactures and markets a patented Electrical Harmonizer-Automatic Voltage Regulator (AVR) that helps commercial and industrial customers reduce their energy consumption by 7 to 10 per cent through voltage optimization. The Company has 22 installations in Canada and 2 in California including office buildings of BC Hydro, Canada Post, Science World, IKEA and Honda, among others.
Martin Livingston, Principal of Living Communications Inc., has more than 18 years of experience in corporate communications and investor relations. He has developed and implemented strategic communications and investor relations programs for a diverse range of clients including Plutonic Power Corporation, Gemcom Software International, and Forbes Medi-Tech Inc, among others.
Peak Communicators Ltd is a top ten Vancouver-based public relations agency with a second office in Calgary. They specialize in local, national and international corporate and consumer media relations on behalf of a variety of public and private companies and organizations including WestPac LNG Corporation, Fortress Paper Ltd., Heffel Fine Art Auction House and the City of Kamloops.
“I am excited to have Living Communications and Peak Communicators join the Legend Power team,” said Gerry Gill, Chairman and CEO of Legend Power Systems Inc. “Legend Power is entering an exciting new growth phase that will require highly skilled professionals to help implement a proactive investor relations and media program. Both Living Communications and Peak Communicators have a solid track record of helping growing companies effectively communicate their strategy, milestones and successes to build and sustain investor support and increase their profile in the business community.”
To help create and implement strategic investor relations activities for Legend Power, Living Communications will be paid monthly retainer fee of $5,000.
About Legend Power Systems Inc.
Legend Power Systems Inc. is a leading electrical energy conservation company that manufactures and markets a patented device to help commercial and industrial customers achieve significant energy savings through voltage optimization. Legend Power’s Electrical Harmonizer-Automatic Voltage Regulator (Electrical Harmonizer AVR) eliminates waste by delivering only the optimal amount of voltage a user needs. Most utility customers receive more voltage than required from an electrical utility. Improper voltage can affect the lifespan of electrical equipment and result in high monthly utility bills. By delivering the optimal voltage to the user, Legend Power’s electrical Harmonizer AVR helps companies reduce their electricity bills, maintenance costs and greenhouse gas emissions while increasing the life of electrical equipment. The technology also decreases capital and operating costs for electrical utilities. Legend Power has installations across Canada including BC Hydro, Canada Pst, Science World, IKEA and Honda.
Forward Looking Information
This release and referenced materials contain forward looking statements, within the meaning of the “safe-harbour” provisions of the Private Securities Act of 1995, which are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause actual results to differ materially include: rapid technological and/or market changes in the industry including actual electrical billing rates; the adequate protection of the Company’s proprietary rights; and other factors described in the Company’s regulatory filings. Although we believe the expectations reflected in our forward looking statements are reasonable, individual results may vary, and we cannot guaruntee future results, levels of activity, performance or achievements.
For additional information, please contact:
Living Communications Inc.
Corporate Development Manager
Legend Power Systems Inc.
LEGEND POWER SYSTEMS INC.
8618 Commerce Court
Burnaby, BC V5A 4N6
+1 604 420 1500