Barnabus Energy, Inc. (fka BBSE)

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Barnabus Announces Completion of Acquisitions
Market wire Here:
http://www.freewebs.com/phantom1_/currentnewsoilgas.htm


SOLANA BEACH, CA -- (MARKET WIRE) -- 02/10/2006 -- Barnabus Energy, Inc. (OTC BB: BBSE) today is pleased to announce that contracts have been signed for the 100% acquisition of both Connect Renewable Energy and Solar Roofing Systems, Inc. Closing of the acquisition is subject only to the Company's successful conclusion of its next round of financing.

The agreements were finalized during a two-day Directors and Managers meeting held this week in Del Mar, California. Aspects of the agreement include a unified management hierarchy and board of directors. Effective immediately, marketing initiatives will be centralized at company headquarters with regional sales and management teams on both the East and West coasts responsible for specific industries and territories.

Manufacturing will be split between both companies' existing facilities for the immediate future, with plans for expanded capacity already underway.

Company President, David Saltman commented, "Today marks the true beginning of the Company's unified launch of its renewable energy initiative. These acquisitions bring us intellectual property, manufacturing capacity, and existing sales commitments already equivalent to over half our 2006 projected sales figures. More importantly, they bring a level of management expertise unrivaled in the industry."


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In a joint statement issued by both East and West Coast Operations Presidents, Ron Gangemi and Norman Dodd, it was stated that, "This was the first time we had the entire management team together in one place and it became quickly obvious that we had underestimated the synergies this strategic merger would bring. We own all our technology; an excellent expanded product line, realistic sales targets and complementary manufacturing capacity combined with mutually compatible R&D programs. It was very gratifying to identify that our combined product expertise positions us to uniquely offer those architects, builders and developers thinking of moving into the solar energy market a mix of products that will enhance their design capability, and can provide solutions for many new and previously impossible applications. We believe that this is a great advantage in which to launch our new organization."

ABOUT THE COMPANY

Barnabus Energy, Inc. (BBSE) is committed to the development of a world-class Renewable Energy company. Barnabus is acquiring commercially viable assets within the Renewable Energy sector encompassing diverse aspects of the industry. Management currently is seeking other companies that offer significant technology advantages and market opportunities, which it can acquire 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