BluePoint Energy Named by Hawaiian Electric Company, Inc. to Collaborate on 30 Megawatt Demand Response Program.

Marks Initial Entry of BluePoint's D-RAAP[TM] Technology into Demand Response Market

EL DORADO HILLS, Calif. -- Chapeau, Inc. d/b/a BluePoint Energy, Inc. (OTC BB: CPEU) today announced that it has executed with Hawaiian Electric Company, Inc. (HECO) a Memorandum of Understanding (MOU) and Demand Response Agreement for 30 megawatts of aggregated commercial and industrial demand response assets by 2011. HECO, a subsidiary of Hawaiian Electric Industries, Inc., is a regulated electric public utility which, together with its operating subsidiaries, provides the only electric public utility service on the islands of Oahu, Maui, Lanai, Molokai and Hawaii, which islands collectively include approximately 95% of Hawaii's population. Under the terms of the MOU, Hawaiian Electric Company and BluePoint will mutually collaborate to enroll participants in the Commercial and Industrial Direct Load Control (CIDLC) program to achieve demand side management targets in the commercial and industrial load sectors.

Guy A. Archbold, Chief Executive Officer of BluePoint Energy, Inc., said, "Per our press release in mid-July of 2007 announcing our entry into the demand response market, we are extremely pleased to announce our initial entry and acceptance in this highly valued power sector with Hawaiian Electric Company, Inc., the largest electric power provider in the state of Hawaii. We believe that the benefits of our Demand Response Asset Aggregation Program (D-RAAP[TM]) solution, comprised of establishing a technological network of generation assets and building management systems managed by our proprietary GenView[TM] control technology and monitored by our Central Command Center, offers Hawaiian Electric Company and its commercial and industrial sector customers the best opportunity to meet the targets under the Hawaiian Electric Company program."

Archbold continued, "Our proprietary, Internet-based GenView[TM] microprocessor control system is designed to integrate generating assets with building management control systems and uniquely differentiates itself in the marketplace as being a power generation controller first. This capability enables a facility to participate in the Hawaiian Electric Company and other demand response programs much more quickly and economically than with alternative suppliers without compromising the generator's primary function as a standby power system or jeopardizing the manufacturer's warranty. The GenView[TM] controller can parallel power generation assets to the grid with all of the required utility electrical protections while operating the systems at a reduced load to comply with engine generator manufacturer specifications."

Archbold concluded, "We believe that this initial collaboration with Hawaiian Electric Company, Inc. will yield extremely positive results for both Hawaiian Electric Company and its commercial and industrial sector customers. We further believe that this initial agreement with Hawaiian Electric Company shall mark just the beginning of additional agreements with domestic and international utilities, Independent System Operators (ISOs) and large scale commercial and industrial customers representing multiple vertical markets. We strongly feel that our D-RAAP[TM] and GenView[TM] technology-based solution has the ability to dramatically effect the utility markets demand side fulfillment needs while providing significant benefits not currently available to energy customers enrolled in demand response programs."

About Hawaiian Electric Company, Inc.

Hawaiian Electric Company, Inc. (HECO) and its operating subsidiaries, Maui Electric Company, Limited (MECO) and Hawaii Electric Light Company, Inc. (HELCO), are regulated electric public utilities providing the only electric public utility service on the islands of Oahu, Maui, Lanai, Molokai and Hawaii, which islands collectively include approximately 95% of Hawaii's population. HECO is a subsidiary of Hawaiian Electric Industries, Inc. (HEI), which supplies power to 93% of the Hawaii electric public utility market through its electric utilities, HECO, HELCO and MECO, and provides a wide range of financial services to individuals and businesses through American Savings Bank, F.S.B., the state's third largest financial institution based on asset size.

About Chapeau, Inc. d/b/a BluePoint Energy, Inc.

Chapeau, Inc. d/b/a BluePoint Energy, Inc. provides state-of-the-art, technology-based demand response (DR) and combined heat and power (CHP) 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[TM] Energy Modules, both solutions utilizing Chapeau's proprietary, robust, multi-layered, Internet and microprocessor-based GenView[TM] control systems. For more information, call 916-939-8700 or visit the Company's website at www.bluepointenergy.com.

The foregoing is news relating to Chapeau, Inc. d/b/a 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. 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, 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.