Date: Wednesday, December 21, 2005
Trading Symbol:OTCBB:BBSE
Barnabus Energy Announces San Francisco Solar Energy Project
SOLANA BEACH, CA December 21, 2005/MARKETWIRE/ -- Barnabus Energy, Inc. (OTCBB: BBSE) is extremely pleased to announce that its California based subsidiary, Connect Energy Inc. has been contracted by the California Academy of Science to develop and install what is slated to be the largest photovoltaic glass canopy in the country - a contract worth over $1.5 million.
Located in San Francisco's Golden Gate Park, the Academy has started a comprehensive rebuilding project unprecedented among the world's largest natural history museums. Once completed, the new Academy promises to be a symbol of environmental architecture and sustainable design.
Designed by Pritzker Prize winning architect Renzo Piano of Genoa, Italy, the new building includes a photovoltaic canopy designed to fully circumnavigate the building, and will generate in excess of 213,000 kilowatts of electricity. Each of the 720 custom built PV glass laminates are designed to have the highest conversion efficiency available at 20%. Coupled with utility interactive inverters, the power generated will directly offset power that would have been supplied by the local electric company.
Connect Energy President and Barnabus Director, Ron Gangemi stated, "This project is a great honor for our company and an extraordinary opportunity to showcase our solar technology. Our PV system and other environmental features of the project will prevent the release of over 400,000 pounds of CO2, the equivalent of planting 340 trees. It is a very exciting project to be involved in."
Connect Energy is providing a full scope of services on the project including PV module and system design, material manufacture and procurement as well as system commissioning and documentation. The project will also utilize SolarSave roofing membranes supplied by sister company, Solar Roofing Systems, demonstrating the synergies that exist between the Barnabus divisions.
ABOUT THE COMPANY
Barnabus Energy, Inc. (BBSE) is committed to the development of a Renewable Energy (RE) project portfolio. The Company is currently acquiring commercially viable projects within the Renewable Energy sector encompassing diverse aspects of the industry. Management has closely aligned itself with key strategic partnerships that will move the Company forward towards future acquisitions and growth. 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
