Barnabus Energy Name Change Reflects New Corporate Direction; Company Announces New Director.CALGARY, Alberta -- Barnabus Enterprises Ltd. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BBSE BBSE Bull Breeding Soundness Evaluation BBSE Bilateral Breath Sounds Equal (pulmonary examination finding) BBSE Brigade/Battalion Staff Exercise BBSE Ballyboden St. Enda's (Dublin, Ireland) ) today confirms that pursuant to Section 14(a) of the Securities Exchange Act of 1934, the Company has successfully fulfilled the requisite filing and procedures via a proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. and thereby effected application for a name change to Barnabus Energy, Inc.(OTCBB:BBSE). Management prompted this change as it better reflects the mandated conversion into energy sector projects. Official notification, effective immediately of the name change has been received from NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , and management has further been advised that there will be no change to either the trading symbol Trading symbol See: Ticker symbol or CUSIP number. In other news, Company President Mr. Kerry Nagy, is pleased to announce the appointment of Tedman M. Williams, 46, as a member of the Board as a Director. Mr. Williams has recently been a Consulting Chief Financial Officer of BOTB BOTB Battle of the Bands BOTB Best Of The Best BOTB Battle of the Bulge BOTB British Overseas Trade Board BOTB Bottom of the Barrel BOTB Battle of the Brains Corporation, a private Canadian holding company that is an Information Technology and Support Services Provider located in Calgary that provides information technology services to public companies. Previously, Mr. Williams was a Consulting Chief Financial Officer of Rare Method Capital, a Canadian corporation that is also located in Calgary and publicly traded on the TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension exchange. Prior to these accomplishments, Mr. Williams was the Chief Financial Officer of Impact Blue, Inc., an interactive web-advertising agency. In 1983, Mr. Williams received a Chartered Accountant designation in Alberta, Canada. In May 1980, Mr. Williams received a Bachelor of Commerce The Bachelor of Commerce is a bachelor's degree in business management, accounting and economic fields. The degree is also known as the Bachelor of Commerce and Administration (BCA). Degree from the University of Alberta in Edmonton. The appointment is effective immediately. ABOUT THE COMPANY Barnabus Energy, Inc. (BBSE) is committed to the exploration and development of oil and natural gas reserves throughout western North America. Management has closely aligned itself with key strategic partnerships consisting of veteran, experienced oil and gas professionals. The company's model is a focused approach to the exploitation of targeted, low risk development opportunities and the exploration for high impact oil and gas reserves. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. Kerry Nagy, President |
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