Legend Power Systems Selected as Feature Presenter for New York State Energy Authority Gathering

VANCOUVER, British Columbia, July 20, 2020 (GLOBE NEWSWIRE) -- Legend Power Systems (TSX-V: LPS) has been selected by the New York State Energy Research and Development Authority (NYSERDA) to present at its July 23^rd, Multifamily Building Solutions Network Provider webinar. The webinar is attended by approved members responsible for delivering energy assessments and energy savings incentives for multifamily building developers and owners across the State of New York.

Legend’s SmartGATE^TM solution analyzes, confirms and then solves for electrical energy issues in any commercial building. The resulting benefits including lower operating costs, energy savings, enhanced building portfolio value, and improved tenant satisfaction make SmartGATE a perfect fit for delivering on the Multifamily Performance Program’s core mandate.

"Legend’s multifamily building customer base, which includes the Company’s single largest customer, have clearly discovered SmartGATE’s benefit as a valued decision-making tool and for its ability to deliver a broad spectrum of financial benefits, including incentives,” said Mark Petersen, VP, Engineering of Legend Power.  “Because these attendees are NYSERDA approved leaders, we are confident they’ll see the benefit of a turnkey solution which both analyzes and corrects electrical energy issues.”

The Webinar is open to all members of the NYSERDA Multifamily Building Solutions Network and they can register at this location: https://register.gotowebinar.com/register/1673426318143461648

About NYSERDA

New York State Energy Research and Development Authority (“NYSERDA”) promotes energy efficiency and the use of renewable energy sources. These efforts are key to developing a less polluting and more reliable and affordable energy system for all New Yorkers. Collectively, NYSERDA’s efforts aim to reduce greenhouse gas emissions, accelerate economic growth, and reduce customer energy bills.

NYSERDA works with stakeholders throughout New York including residents, business owners, developers, community leaders, local government officials, university researchers, utility representatives, investors, and entrepreneurs. NYSERDA partners with them to develop, invest, and foster the conditions that:

• Attract the private sector capital investment needed to expand New York’s clean energy economy
• Overcome barriers to using clean energy at a large-scale in New York
• Enable New York’s communities and residents to benefit from energy efficiency and renewable energy.

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