BluePoint Energy, Inc. Announces Thomas R. Black to Join Company as President of BluePoint Energy Development.Business Editors GRANITE BAY, Calif.--(BUSINESS WIRE)--Oct. 20, 2003 Chapeau, Inc. dba BluePoint blue·point also blue point n. A small oyster (Crassotrea virginica) found chiefly in coastal waters of the eastern United States and usually eaten raw. Energy, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CPEU) announced today the hiring of Mr. Thomas R. Black as President of BluePoint Energy Development, the Company's new own-and-operate separate business unit formed as a consequence of the recently announced $35 Million Calim-BPEP I Partnership. Mr. Black joins BluePoint from DTE Energy DTE Energy Co. (NYSE: DTE) is a Detroit, Michigan-based utility incorporated in 1995 involved in the development and management of energy-related businesses and services nationwide. Technologies, a provider of distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or solutions, products and services. DTE Energy Technologies is an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of DTE Energy Distribution, one of three major business units of DTE Energy (NYSE NYSE See: New York Stock Exchange :DTE (Data Terminating Equipment) A communications device that is the source or destination of signals on a network. It is typically a terminal or computer. Contrast with DCE.  DTE - Data Terminal Equipment ), a diversified energy company involved in the development and management of energy-related businesses and services nationwide. Mr. Black has served as Vice President, North America Sales since joining DTE Energy Technologies in 2001 and is currently responsible for leading its 45-person direct sales force. Mr. Black joined DTE Energy Technologies in that company's acquisition of Alliance Energy Companies Ltd., a distributor of standby and distributed power generation products and services that Mr. Black co-founded and served as President and Chief Executive Officer. Mr. Black will officially join BluePoint prior to the end of October 2003. Guy A. Archbold, BluePoint Chief Executive Offiicer commented, "We are very excited and highly enthusiastic that Tom has agreed to become part of the BluePoint Energy Senior Management staff. Tom's vast experience in the DG industry as both the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of his own very successful company as well as his subsequent senior management experience at one of the leading DG businesses in the United States, DTE Energy Technologies, will greatly add to BluePoint's growth in the DG industry. As a consequence of our recent announcement of the $35 million partnership with Calim-BPEP I, we could not ask for a more experienced industry executive guiding that opportunity." Mr. Black commented, "I am anxious to work with the dedicated team at BluePoint, fully cognizant of their tremendous DG product array as well as their turn-key approach to the DG industry encompassing superior product; engineering, permitting, and construction; as well as their newly formed partnership with Calim Private Equity designed to facilitate the end-user's ability to derive the many benefits of on-site distributed generation with no capital investment on their part. BluePoint is the only company of which I am aware that can provide such complete solutions to the emerging energy difficulties facing the commercial markets as witnessed during our recent blackouts." 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(TM) to utilities, energy service companies and commercial end users 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 Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors CPEU. For more information, call 916-780-6764 or visit www.bluepointenergy.com. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions 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. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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. |
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