International Distribution Launches as Domestic Sales Momentum Builds
Legend Power Systems Inc. (“Legend Power”) (TSX-V: LPS) (FSE:XLE) announces that it has signed a Memorandum of Understanding with ElectroFlow Solutions (UK) Limited (EFS) to purchase the distributor license for Legend’s patented electrical conservation technology in the United Kingdom. The agreement includes an initial system as well as engineering and training services leading to the execution of a full distributor license.
Electricity rates in the UK are two to three times those in Canada and with the country’s switch from UK 220v to the EU standard 230v, forced over voltage energy waste is a significant problem that Legend Power’s Harmonizer-AVR’s conservation voltage reduction technology is well positioned to resolve.
With a bespoke manufacturing facility in Gorleston, Norfolk, and headquarters at the Beacon Innovation Centre, EFS offers a range of energy-efficiency and Power Quality services which help the largest users of electricity in the UK to cut their carbon footprint, and save money. The company’s engineers are NIC qualified, and have a minimum of 5 years experience of electrical engineering.
“The ability of the Harmonizer-AVR to add incremental savings to EFS’ current line up of conservation technologies, combined with the company’s strong engineering team and respected reputation among many of that country’s major brand, key accounts makes this an excellent partnership for both organizations and accelerates Legend’s international sales in a solid and familiar overseas market,” said Gerry Gill, Chairman and CEO of Legend Power Systems Inc.
|For further information, please contact:
Gerry Gill, Chairman & CEO
Legend Power Systems Inc.
+ 1 604 420 1500
|LEGEND POWER SYSTEMS INC.
8618 Commerce Court
Burnaby, BC V5A 4N6
+1 604 420 1500