BluePoint Energy, Inc. Announces Strategic Alliance with URS Corporation; Companies to Jointly Market BPE Lean-One Combined Heat and Power Systems.

Business Editors/Energy Writers

Energy Solutions Center February 2003 Conference

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Feb. 12, 2003

Chapeau, Inc. dba BluePoint Energy, Inc. ("BPE") announced today from the Energy Solutions Center Conference in Jacksonville, Florida, that it has entered into a Strategic Alliance ("Alliance") with URS Corporation ("URS"), one of the world's leading engineering firms, to provide engineering and installation services utilizing the BluePoint Lean-One(TM) Cogeneration System. The Lean-One(TM) System incorporates state-of-the-art technological and emission innovations to the burgeoning distributed generation industry.

URS and BPE see advantages of forming a Strategic Alliance. BluePoint and URS will formalize a management structure for the Alliance, establish guiding principles and objectives for marketing the system, and URS will provide the engineering services required for the implementation of the Lean-One(TM) System worldwide. BluePoint CEO, Guy A. Archbold commented, "BluePoint Energy is highly honored to have a firm with the size, scope, and expertise of URS choosing to align with BluePoint. This Strategic Alliance between our companies will create a clearer focus on customers' needs and product benefits, resulting in better and lower cost solutions, thus promoting the many advantages inherent in distributed generation and cogeneration. In addition, BluePoint will benefit from the Alliance due to the additional credibility gained for BluePoint's products, access to URS' technical expertise, access to URS' global network and the significant marketing opportunities resulting from or growing out of this Alliance. Lastly, we believe URS derives benefits from the innovative technology we provide, and BPE stands to benefit by the clear advantage of the tremendous resources and expertise provided by URS' 300 offices in more than 20 countries."

Mr. Archbold continued, "I am most pleased to note that this Strategic Alliance follows our initial Joint Strategic Agreement with Southern California Gas Company to develop Showcase Center sites utilizing the BPE Lean-One(TM) System on commercial locations within their service territory to further extol the benefits of clean and reliable cogeneration."

About URS Corporation

URS Corporation offers a broad range of planning, design, program and construction management, system integration, and operations and maintenance services for transportation, hazardous waste, industrial processing and petrochemical, general building, water/wastewater, military facilities and equipment platforms, and security projects. Headquartered in San Francisco, the Company operates in 20 countries with approximately 25,000 employees providing engineering services to federal, state and local governmental agencies as well as private clients in the chemical, manufacturing, pharmaceutical, forest products, mining, oil and gas, and utilities industries. (www.urscorp.com)

About Chapeau, Inc. dba BluePoint Energy, Inc.

Chapeau, Inc. dba BluePoint Energy, Inc. designs, assembles and sells packaged Combined Heat and Power generation systems under the trademark Lean-One to Utilities, Energy Service Companies, and Commercial end user's in need of reliable, efficient, clean, and cost effective energy solutions. The Company trades publicly on the Over-the-Counter Bulletin Board under the ticker symbol CPEU.

NOTE: The foregoing is news relating to Chapeau, Inc. dba BluePoint Energy, Inc. (the "Company") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to the Company or its management, including without limitation, Chapeau, Inc. dba BluePoint Energy, Inc. (as defined herein) and/or the Company's other subsidiaries, are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For a discussion of additional factors that may affect actual results, investors or interested parties should refer to the Company's filings with the Securities and Exchange Commission; in particular, its annual report on Form 10-K, most current 10Q and other filings as may be relevant. This does not constitute an offer to buy or sell securities by the Company, its subsidiaries or any associated party and is meant purely for informational purposes.