BBSE Barnabus Energy Announces $1 Million Dollar Sale to Renewable Technologies, Inc.
Market Wire - April 10, 2006 9:08 AM (EDT)
SOLANA BEACH, CA -- (MARKET WIRE) -- Apr 10, 2006 -- Barnabus Energy, Inc. (OTC BB: BBSE), currently doing business as Open Energy Corporation subject to a pending name change, is pleased to announced that Renewable Technologies, Inc. ("RTI") of California, a leading solar energy integration company, has placed a significant order valued at one million dollars.
In announcing this purchase order, Howard Gomes, Vice President of Sales for Open Energy, stated, "We are delighted to be working with the team at Renewable Technologies. RTI is a progressive renewable energy company who offers unmatched solar engineering experience. Our combination of SolarSave™ technology and RTI's experience, emphasis on quality and breadth of market penetration will allow us to secure a variety of high-profile solar projects."
RTI President Darryl Conklin stated, "Our approach to designing, engineering, procuring and installing renewable energy systems is to first analyze the client's facility and determine where energy conservation and efficiency measures can be applied. RTI then selects the appropriate technology. Here is where truly innovative products like SolarSave™ offer RTI the options to deliver solutions to fit our customer's energy requirements. Open Energy's unique integration of photovoltaic cells into the roofing membrane has two-fold benefits for our customers; power generation from otherwise undeveloped space; and a 20-year roofing membrane."
In addition to placing this 200 kW order, Darryl Conklin will act as a liaison for Solar Roofing Systems, Inc. on issues pending, or before the California Energy Commission (CEC), California Public Utilities Commission (CPUC), and the Cool Roof Rating Council. Mr. Conklin is an industry expert holding several degrees and licenses in the State of California.
About Renewable Technologies, Inc.
RTI has been on the forefront of the emerging solar industry since 1994. Its founder, Darryl J. Conklin, is recognized as one of the leading experts in the solar industry. RTI is a professionally licensed engineering firm registered in the State of California as General B class C-10 electrical and C-46 solar contractor that provides design, engineering, and installation for distributed generation (DG) systems. RTI is centrally located in the Sierra foothills of Northern California and provides DG services throughout California, Nevada and Arizona.
ABOUT THE COMPANY
Barnabus Energy, Inc. (BBSE) is currently undergoing corporate restructuring including a name change to Open Energy Corp. (OEC). The Company focuses on the development and commercialization of renewable energy products and technologies for a wide range of applications including solar energy, power production, and water desalination. The Company pursues these objectives through acquisitions, strategic partnerships, technology transfer opportunities, and other business strategies.
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. and/or Open Energy Corp. has little or no control.
ON BEHALF OF THE BOARD
Barnabus Energy, Inc. d.b.a. Open Energy Corp.
David Saltman, President
Investor Relations Contact:
Brad Long
1-800-250-2610
Visit our website at www.barnabusenergy.com
