Date: Thursday, January 12, 2006
Trading Symbol:OTCBB:BBSE
Barnabus Energy Announces 2.5 Million Dollar Sales Order
SOLANA BEACH, CA January 12, 2006/MARKETWIRE/ -- Barnabus Energy, Inc. (OTCBB: BBSE) announced today that its subsidiary, Solar Roofing Systems has secured a $2.5 million order from Stellar Energy Solutions.
Howard Gomes, Vice President of sales for Solar Roofing Systems, indicated that the sale of over 1000 SolarSave® SP-480 modules represented a combined total of 500,000 watts of generated electrical power. Gomes stated, "This order reflects the incredible reception we are experiencing from the marketplace for our building-integrated photovoltaic roofing product (BIPV). Our light-weight, waterproof, high efficiency solutions are a winner in the making."
The customer, Stellar Energy Solutions, is a California-based renewable energy solutions provider, with a number of commercial and residential projects. Art Athas, VP of business development at Stellar Energy explained, "Our company identifies the best solar products in the market, then presents these technologies to architects, builders and other clients. The positive response we have received to the SolarSave® roofing material for low-slope applications has been remarkable. Based on this reception, we were confident in placing this $2.5 million order."
Initial projects for the SolarSave® products will include a 36-home development project and several commercial buildings, with additional projects planned for the near future. David Saltman, CEO of Barnabus Energy, stated that, "This order represents the tip of the iceberg when it comes to the true marketplace potential of our products. As a result, we expect 2006 to be a very busy year for all of us as we continue to transform Barnabus, Solar Roofing Systems and Connect Energy into a Renewable Energy powerhouse."
ABOUT THE COMPANY Barnabus Energy, Inc. (BBSE) is committed to the development of a world-class Renewable Energy (RE) company. Barnabus is acquiring commercially viable assets within the Renewable Energy sector encompassing diverse aspects of the industry. Management currently identifies companies that offer significant technology advantages and market opportunities, then moves towards the acquisition of those organizations with the ultimate goal of increasing shareholder value. The company's model is a focused approach to the exploitation of targeted, low-risk development opportunities.
Safe Harbor for Forward-Looking Statements:
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Barnabus Energy, Inc. has little or no control.
ON BEHALF OF THE BOARD
Barnabus Energy, Inc.
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David Saltman, President
Investor Relations Contact: Brad Long 1-800-250-2610
Visit our website at www.barnabusenergy.com
