Sparta Expands Illumineris Inc.

Donnerstag, 01.12.2016 15:00

Sparta Expands Illumineris Inc.

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Calgary, Alberta (FSCwire) - As planned, Sparta Capital Ltd. (TSXV: SAY.H), (the “Corporation” or “Sparta) has expanded its Illumineris brand. This means the company is positioned to assist literally thousands of industrial and commercial building operators with their energy consumption, specifically when it comes to inefficiencies.

Illumineris now includes a whole suite of energy saving technologies that can be utilized in multiple settings. The company offers comprehensive turnkey solutions from audit to installation; identifying energy consumption and operational deficiencies then analyzing each possible solution for payback, return on investment, internal rate of return, and net present value.

The new suite of technologies that are available through Illumineris will compliment the line of photoluminescent-safety products previously unveiled.

“When people talk about saving energy, thoughts tend to lean towards automobiles and transport trucks, but the reality is that energy efficiencies in many buildings are immense and go unnoticed in many cases for years. Illumineris works hand and glove with the local utilities’ to help bring these inefficiencies to the surface and can guide building owners on how they can address them and save money,” said Tom Brown, President of Sparta Capital Ltd.

A company’s power losses can be widespread and often undetectable. So whether the sub-metering determines that improvements can be achieved through power-factor (pF) mitigation, harmonic mitigation, variable speed drive technology, energy shedding, high efficiency HVAC, LED lighting conversion, or even the implementation of co-generated power through such methodologies as combined heat and power (CHP), Illumineris is in the position to offer a suite of options.

About Sparta:

Sparta Capital Ltd. fosters and distributes a range of energy efficient solutions. Following the acquisition of Canadian based Newport Environmental Technologies Ltd. (“Newport”) Sparta continued the process of securing several other licenses for technologies developed to save fuel, while reducing carbon emissions in various markets. Since the acquisition of Newport, Sparta established three new divisions: Sparta Technologies 4 Mining Ltd; to cater to the special needs of the mining industry, Illumineris Inc., offering a comprehensive suite of smart-building, energy-optimization technologies; including a unique line of glow-in-the-dark safety products, and ReECO Conversion Technologies Ltd; a biomass conversion division. For a more detailed look at the company profile, please visit the Sparta website (www.spartacapital.com).

About Illumineris:

Illumineris Inc., offers a comprehensive suite of energy optimization technologies ranging from wireless smart metering to VPN-controlled LED’s, propelling the global movement towards “smart buildings” and thus a lower carbon footprint. An important facet of the Illumineris energy management profile is safety and to that end, the company has been distributing Jessup Manufacturing (McHenry, Illinois) Glo Brite® photoluminescent safety products, including exit signs and egress pathway marking systems. The Jessup PL products can be found across North America, including in Sobeys, the Bank of Canada Building in Ottawa, Brampton RBC, and Toronto Union Station to name just a few places. Advancements made in Canada and the United States by Jessup and Illumineris have resulted in the approval of the Glo Brite® “Pictogram”, “Exit” and “Sortie” signs in all North American Building and Fire Codes. As of 2010, the National Building and Fire Codes of Canada have made the ISO-Pictogram sign mandatory for all new buildings, as well as retrofits requiring building permits.

For further information please contact:

Martin Troughton

President Photoluminescent Div., Illumineris

(647) 560-7400

mtroughton@illumineris.com

Cautionary Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although the Corporation believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, readers are cautioned to not place undue reliance on forward-looking information because the Corporation can give no assurance that they will prove to be correct. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date of publication of this news release and the Corporation undertakes no obligation to update such forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Furthermore, the Corporation undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Corporation.

Neither TSX Venture Exchange Inc. (nor any of its separate boards which includes the NEX) nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

The common shares have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/SpartaDec12016.pdf
Source: Sparta Capital Ltd. (TSX Venture:SAY.H)

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