BluePoint Energy Completes Initial EnviroGen(TM) Powered Cogeneration Facilities for Major Resort and Retail Installations.Projects Represent $6.1 Million in Current Quarter Projected Revenues EL DORADO El Dorado, legendary country of South America El Dorado (ĕl`dərä`dō, –rā`–) [Span.,=the gilded man], legendary country of the Golden Man sought by adventurers in South America. HILLS, Calif. -- Chapeau, Inc. d/b/a 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 (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CPEU) announced today that it is in the final stages of completing the first three turnkey cogeneration installations in support of its previously executed proprietary discount energy purchase agreements. These installations at the prominent Macy's Store in Brooklyn, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and the newly renovated Westin Kaanapali Ocean Resort Villas on the island of Maui, Hawaii represent to BluePoint approximately $6.1 million in revenue. Powered by BluePoint's environmentally responsible, ultra-clean EnviroGen([R]) Energy Modules, these cogeneration installations will be utilized to meet a significant portion of each facility's electrical, heating and cooling demands, while providing simultaneously significant environmental and economic benefits to the facilities. Guy A. Archbold, Chief Executive Officer of BluePoint Energy, commented, "We are very pleased to have completed these initial, high-profile customer sites. We believe these installations will be the first of many to be among the most technologically advanced and environmentally responsible onsite cogeneration facilities while exemplifying BluePoint's unique capabilities in modular power plant design and construction. We consider these to be true showcase installations that will greatly benefit our efforts to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the vast market opportunities throughout the country as evidenced by both economic incentive programs in connection with 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 as well as, in the case of the preponderance of the Hawaiian Islands, the recent favorable ruling by the Hawaiian Public Utilities Commission making standby energy rates optional for consumers who install cogeneration and other forms of distributed generation power systems." Archbold concluded, "While we are most pleased to announce significant revenue growth in this quarter from years of development and hard work while completing unique technological advances in onsite cogeneration, we are even more enthusiastic to acknowledge the many more significant opportunities that we are now pursuing in both cogeneration and demand response as a consequence of our state-of-the-art technologies and subsequent showcase sites. As current bookings for future revenue become more quantifiable and complete, we intend to provide prospective quarterly revenue guidance in the near future." About Chapeau, Inc. d/b/a BluePoint Energy Chapeau is an energy management company that provides state-of-the-art, technology-based, environmentally responsible (green) demand response (DR) and combined heat and power (CHP CHP Chapter CHP Combined Heat and Power CHP California Highway Patrol CHP Cumhuriyet Halk Partisi (Turkish: Republican People's Party) CHP Chemical Hygiene Plan (OSHA) CHP Community Health Plan ) solutions to commercial and industrial energy users across the majority of public and private industry sectors, including hospitality, retail, healthcare, manufacturing and government. To-date, the Company's efforts have focused principally on incorporating innovative and proprietary engineering solutions into its D-RAAP[TM] (Demand Response Asset Aggregation Program) and EnviroGen[R] Energy Modules, both solutions utilizing Chapeau's proprietary, robust, multi-layered, Internet and microprocessor-based GenView[TM] control systems. The foregoing is news relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Chapeau, Inc. d/b/a BluePoint Energy, Inc. (the "Company") and contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , 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. d/b/a 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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