Legend Power Systems Inc. announces that the latest generation of SmartGATE is exceeding expectations for reliability and lifetime increases for core building systems such as elevators, HVAC, lighting, and more. The focus of the next generation SmartGATE platform was to significantly reduce maintenance and repair costs while improving the reliability and lifetime of major building systems. Considering both energy savings and lower maintenance and repair costs, initial results indicate that the next generation platform provides more than double the financial benefit versus the previous generation. The next generation platform is also outperforming on energy savings by more than 20%, averaging close to 5% energy savings with some buildings approaching 6%. The cumulative results from the first 30 installations in both Canada and the United States demonstrate the
expected savings, reductions, and protection are quantifiable.