VANCOUVER, Feb. 4, 2016 /CNW/ - Legend Power Systems, Inc. (TSXV: LPS), DP Murphy Hotels & Resorts (DPM) and Haven Consultants International (Haven) are pleased to announce the successful installation of Legend's energy saving Harmonizer in DPM's Charlottetown PEI Holiday Inn Express property. Legend's Harmonizer is an innovative clean-tech offering that reduces energy usage through Conservation Voltage Reduction (CVR). With the installation of the Harmonizer, DPM has reduced their annual carbon footprint by 8 metric tons and are saving over $6,700 per year yielding an ROI of 20%.
"We are very pleased with the energy savings Haven have helped us achieve through the installation of the Legend Harmonizer. We are proud to be the first business in Canada's Maritimes to utilize Legend's innovative energy conservation solution" says Danny Murphy, Founder of DPM Hotel & Resorts. "We are currently looking at implementing the Harmonizer in our other properties and hope to see other local business follow suit."
Power generation in Canada's East is carbon intensive, relying on traditional fossil fuels such as coal to generate energy. The global quest to reduce greenhouse gas (GHG) emissions is strong and gaining momentum. Energy conservation solutions, such as Legend's Harmonizer, are one of the most economical ways for businesses to reduce their GHG emissions while also saving money and increasing bottom line profitability.
Legend has installed over 100 Harmonizers across North America. The installation at DPM's Charlottetown PEI location marks the first in the Maritime Region, expanding Legend's presence from Coast to Coast in Canada. Haven Consultants International, a Legend sales partner in Maritime Canada, has overseen the installation of hundreds of energy conservation retrofits in the UK and Europe and is working closely with the likes of DPM and other businesses to identify opportunities for savings with Legend's Harmonizer.
Having earned the distinction of being the first hotelier in Canada to install the Harmonizer, and on the back of great results, DPM is working with Haven to evaluate the other properties in their portfolio.
To learn more about this project please click here: http://legendpower.com/downloads/DPMCaseStudy.pdf.
About Legend Power Systems Inc.
Legend Power Systems Inc., "LPS" (www.legendpower.com) markets a proprietary device, the 'Harmonizer' that helps individual buildings reduce energy consumption through the utility proven concept of Conservation Voltage Reduction, (CVR). LPS 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, LPS is also a key contributor toward utility conservation goals. LPS was recognized as the top performing clean tech company on the TSX/V for 2015.
About Haven Consultants International
Haven Consultants International is a leading engineering consultancy firm. Originally operating in the UK, they have now established operations in North America to offer their considerable experience in the energy efficiency market. Through many years working at the cutting edge of European efficiency initiatives they have developed unrivalled experience dealing with some of the world's more advanced technologies in this field.
About DP Murphy Hotel & Resorts
D.P. Murphy Inc. was founded by Danny Murphy in 1980 with the opening of two Tim Horton's restaurants on Prince Edward Island. Since then, the company has grown to include five premier brand names throughout Prince Edward Island, Nova Scotia, New Brunswick and Quebec. The portfolio of accommodation properties at the moment include the Holiday Inn Express Charlottetown PEI, Holiday Inn Express Saint John NB, Super 8 Charlottetown, Hampton Inn & Suites by Hilton Moncton, Dalvay by the Sea, Hampton Inn by Hilton Sydney NS, Future Inns Hotel & Conference Center, Moncton NB and has recently acquired Lakeview Inn & Suites Fredericton, NB.
This Press Release may contain statements which constitute 'forward-looking, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including the Company's quarterly and annual Management's Discussion & Analysis, which may be viewed on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements other than as may be required by applicable law.
SOURCE Legend Power Systems Inc.
Erik Wolfe, Marketing Manager, Legend Power Systems, Inc., firstname.lastname@example.org, 778-945-1505Copyright CNW Group 2016