Date: Wednesday, December 28, 2005
Trading Symbol:OTCBB:BBSE
Barnabus Energy Announces Suncone Progress Is On Schedule
SOLANA BEACH, CA December 28, 2005/MARKETWIRE/ -- Barnabus Energy, Inc. (OTCBB: BBSE) today announced progress on the engineering of Suncone, a potentially game-changing solar concentrating technology.
Following recent meetings with HYTEC Engineering of Los Alamos, New Mexico, Dr. Mel Prueitt, Suncone inventor, confirmed that the development project was on schedule, and that the Company hoped to complete the working prototype by January 31st.
In a short four months, the engineering team, led by project manager Riney Bennett, has quickly established the geometric configuration of the cone, and determined the materials for the working prototype, including the glass-encased zirconium rod that will serve as the energy collection point. At this time, the Company reports that the Suncone frame is complete, the sun tracker assembled and tested, and the control software programmed. The glass target rods are fabricated and ready for installation. When assembled, water will flow through the rods where it is heated to several hundred degrees Celsius, then is pumped to an external turbine for electrical power generation. Upon completion of the first Suncone, the Company plans to further test and optimize a variety of design options focused on advancing the rapid development of a commercially viable product.
Barnabus has also begun development work on a flash distillation system that could utilize the excess steam from the system and turn it directly into potable water. This system would eliminate the need for expensive, maintenance intensive reverse osmosis filters, making it a more competitive water purification technology that could be installed world-wide.
Dr. Prueitt said, "We are very pleased with the level of commitment by HYTEC, and our other vendors. They did beautiful machining work on the Suncone components." The Company expects to have a commercial demonstration project up and running no later than June of 2006. "Once commercialized, the potential global market applications of Suncone are spectacular," stated David Saltman, CEO.
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
Visit our website at www.barnabusenergy.com
