Legend Power Systems Secures Repeat Purchase Order for Eight Additional SmartGATE Systems
Legend Power Systems has secured a significant repeat purchase order for eight additional SmartGATE systems from a major commercial real estate organization. This fourth large-scale purchase brings the customer's total SmartGATE installations to over 50 systems in five years.
The order represents an expansion from a previous 10-system order to 18 systems, with installation now handled by the customer's preferred contractor. This change improves margins by excluding lower-margin installation services and enhances payment terms with increased upfront deposits from 25% to 50%.
The customer reports achieving over 15% ROI, reduced operating costs, and improved building performance through SmartGATE deployments. The technology optimizes incoming power conditions, enhances energy efficiency, and improves reliability of building systems including HVAC, elevators, and lighting.
What started as a two-system pilot has evolved into a portfolio-wide implementation, demonstrating SmartGATE's scalability and long-term impact in commercial real estate applications.
Legend Power Systems ha ottenuto un importante ordine di riacquisto per otto ulteriori sistemi SmartGATE da una grande organizzazione immobiliare commerciale. Questo quarto ordine su larga scala porta il totale delle installazioni SmartGATE del cliente a oltre 50 sistemi in cinque anni.
L'ordine rappresenta un'espansione rispetto al precedente ordine di 10 sistemi, portando il totale a 18 sistemi, con l'installazione ora affidata all'appaltatore preferito del cliente. Questo cambiamento migliora i margini escludendo i servizi di installazione a basso margine e ottimizza le condizioni di pagamento con un aumento degli acconti dal 25% al 50%.
Il cliente segnala di aver raggiunto un ritorno sull'investimento superiore al 15%, una riduzione dei costi operativi e un miglioramento delle prestazioni dell'edificio grazie all'implementazione di SmartGATE. La tecnologia ottimizza le condizioni di alimentazione in ingresso, incrementa l'efficienza energetica e migliora l'affidabilità dei sistemi dell'edificio, inclusi HVAC, ascensori e illuminazione.
Ciò che è iniziato come un progetto pilota con due sistemi si è evoluto in un'implementazione su vasta scala all'interno del portafoglio, dimostrando la scalabilità e l'impatto a lungo termine di SmartGATE nelle applicazioni immobiliari commerciali.
Legend Power Systems ha asegurado un pedido de recompra significativo para ocho sistemas adicionales de SmartGATE de una importante organización de bienes raíces comerciales. Esta cuarta compra a gran escala eleva el total de instalaciones SmartGATE del cliente a más de 50 sistemas en cinco años.
El pedido representa una expansión del pedido previo de 10 sistemas a 18 sistemas, con la instalación ahora gestionada por el contratista preferido del cliente. Este cambio mejora los márgenes al excluir los servicios de instalación de menor margen y mejora los términos de pago con depósitos iniciales incrementados del 25% al 50%.
El cliente informa haber logrado un retorno de inversión superior al 15%, reducción de costos operativos y mejora en el desempeño del edificio gracias a los despliegues de SmartGATE. La tecnología optimiza las condiciones de energía entrante, mejora la eficiencia energética y aumenta la confiabilidad de los sistemas del edificio, incluyendo HVAC, ascensores e iluminación.
Lo que comenzó como un piloto con dos sistemas se ha convertido en una implementación a nivel de cartera, demostrando la escalabilidad y el impacto a largo plazo de SmartGATE en aplicaciones de bienes raíces comerciales.
Legend Power Systems는 주요 상업용 부동산 기관으로부터 8대의 추가 SmartGATE 시스템에 대한 중요한 재구매 주문을 확보했습니다. 이번 네 번째 대규모 구매로 고객의 SmartGATE 설치 대수는 5년 동안 50대 이상으로 늘어났습니다.
이번 주문은 이전의 10대 주문에서 18대로 확장된 것으로, 설치는 이제 고객이 선호하는 계약자가 담당합니다. 이 변경으로 낮은 마진의 설치 서비스를 제외하여 마진이 개선되고, 선금 비율이 25%에서 50%로 증가해 결제 조건도 향상되었습니다.
고객은 SmartGATE 도입을 통해 15% 이상의 투자 수익률(ROI), 운영 비용 절감, 건물 성능 향상을 달성했다고 보고합니다. 이 기술은 전력 조건을 최적화하고 에너지 효율을 높이며 HVAC, 엘리베이터, 조명 등 건물 시스템의 신뢰성을 개선합니다.
두 대의 시스템으로 시작된 파일럿 프로젝트가 포트폴리오 전반에 걸친 구현으로 발전하여, SmartGATE의 확장성과 상업용 부동산 응용 분야에서의 장기적인 효과를 입증하고 있습니다.
Legend Power Systems a obtenu une commande importante de rachat pour huit systèmes SmartGATE supplémentaires auprès d'une grande organisation immobilière commerciale. Ce quatrième achat à grande échelle porte le total des installations SmartGATE du client à plus de 50 systèmes en cinq ans.
La commande représente une extension par rapport à une commande précédente de 10 systèmes à 18 systèmes, avec l'installation désormais prise en charge par l'entrepreneur préféré du client. Ce changement améliore les marges en excluant les services d'installation à faible marge et améliore les conditions de paiement avec une augmentation des acomptes de 25 % à 50 %.
Le client rapporte un retour sur investissement supérieur à 15 %, une réduction des coûts d'exploitation et une amélioration des performances du bâtiment grâce aux déploiements SmartGATE. La technologie optimise les conditions d'alimentation entrantes, améliore l'efficacité énergétique et renforce la fiabilité des systèmes du bâtiment, notamment le CVC, les ascenseurs et l'éclairage.
Ce qui a commencé comme un projet pilote de deux systèmes s'est transformé en une mise en œuvre à l'échelle du portefeuille, démontrant l'évolutivité et l'impact à long terme de SmartGATE dans les applications immobilières commerciales.
Legend Power Systems hat einen bedeutenden Folgeauftrag über acht weitere SmartGATE-Systeme von einer großen gewerblichen Immobilienorganisation erhalten. Dieser vierte Großauftrag erhöht die Gesamtzahl der SmartGATE-Installationen des Kunden auf über 50 Systeme innerhalb von fünf Jahren.
Der Auftrag stellt eine Erweiterung des vorherigen 10-System-Auftrags auf 18 Systeme dar, wobei die Installation nun vom bevorzugten Auftragnehmer des Kunden durchgeführt wird. Diese Änderung verbessert die Margen, da Installationsdienstleistungen mit niedriger Marge ausgeschlossen werden, und verbessert die Zahlungsbedingungen durch eine Erhöhung der Anzahlungen von 25 % auf 50 %.
Der Kunde berichtet von einer Rendite von über 15 %, reduzierten Betriebskosten und einer verbesserten Gebäudeperformance durch den Einsatz von SmartGATE. Die Technologie optimiert die eingehenden Strombedingungen, steigert die Energieeffizienz und verbessert die Zuverlässigkeit der Gebäudesysteme, einschließlich HVAC, Aufzügen und Beleuchtung.
Was als Pilotprojekt mit zwei Systemen begann, hat sich zu einer portfolioweit implementierten Lösung entwickelt und zeigt die Skalierbarkeit und den langfristigen Nutzen von SmartGATE in gewerblichen Immobilienanwendungen.
- Secured repeat purchase order for 8 additional SmartGATE systems from major customer
- Customer increased original order from 10 to 18 systems, showing strong product demand
- Higher profit margins due to exclusion of installation services
- Improved payment terms with 50% upfront deposits vs previous 25%
- Customer reports 15% ROI from previous SmartGATE deployments
- Total customer deployment exceeds 50 systems in past 5 years, demonstrating product reliability
- Successful conversion from pilot project to portfolio-wide implementation
- Dependency on installation by third-party contractors may reduce control over implementation quality
- Heavy reliance on single large customer for significant orders
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2025) - Legend Power® Systems (TSXV: LPS), a global leader in commercial electrical system solutions, announces a new purchase order for eight additional SmartGATE systems from a major commercial real estate organization. This latest order marks the fourth large-scale purchase by this customer in as many years, bringing their total SmartGATE purchases to over 50 systems across their portfolio in the past five years.
This order revises the previous order and not only increases the previous number of SmartGATE systems from 10 to 18 but also shifts installation responsibilities to the customer's preferred contractor. As a result, the total order value increases significantly while also enhancing overall margins due to the exclusion of lower-margin installation services. Additionally, SmartGATE-only transactions are governed by improved payment terms, increasing upfront deposits from
What began as a two-system pilot project has grown into a systematic, portfolio-wide rollout, demonstrating the scalability and long-term impact of Legend Power's SmartGATE technology. By adopting a phased implementation strategy, this customer has been able to continuously improve power quality across multiple properties, achieving significant operational and financial benefits at each stage.
A senior executive for the customer stated: "The results from dozens of previous SmartGATE deployments made the decision to expand an easy one. With over a
"This latest purchase order underscores the value that SmartGATE consistently delivers to large commercial real estate portfolios," said Mike Cioce, Vice President of Sales and Marketing for Legend Power Systems. "The ability to systematically roll out SmartGATE solutions across a portfolio proves SmartGATE's ability to drive better building performance, reduce operating costs, and extend equipment life. This order further validates that once an organization experiences the impact of better power, they recognize the strategic advantage of expanding the solution across their properties."
The SmartGATE platform is designed to optimize incoming power conditions, reducing the risk of voltage fluctuations and other power quality issues that can degrade building performance. By ensuring a more stable electrical environment, SmartGATE enhances energy efficiency, minimizes maintenance costs, and improves the overall reliability of key building systems such as HVAC, elevators, lighting, and control systems.
This latest commitment from a long-standing customer reinforces Legend Power's ability to support large-scale commercial property owners in executing systematic energy improvement plans across diverse building portfolios. By aligning SmartGATE deployments with capital planning cycles and building performance objectives, customers can maximize their energy efficiency investments while improving both facility operations and financial outcomes.
Forward-Looking Statements Disclaimer
This press release contains forward-looking statements regarding potential future deployments and anticipated outcomes. These statements are based on current expectations and involve risks and uncertainties, including but not limited to the successful implementation of solutions and external market conditions. Actual results may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements.
About SmartGATE
SmartGATE is a turnkey solution that identifies and resolves inefficiencies in commercial electrical systems, enhancing energy performance while reducing costs and emissions.
About Legend Power® Systems Inc.
Legend Power Systems Inc. (https://legendpower.com/) provides an intelligent energy management platform that analyzes and improves building energy challenges, significantly impacting asset management and corporate performance. Legend Power's proven solutions support proactive executive decision-making in a complex and volatile business and energy environment. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend Power's unique solution is also a key contributor to both corporate sustainability efforts and the meeting of utility energy efficiency targets.
For further information, please contact:
Jonathan Lansky, Director
+1 416 417 7664
lansky.j@icloud.com
Sean Peasgood, Investor Relations
+1 647 503 1054
sean@sophiccapital.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250243
FAQ
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