BluePoint Energy Signs Two Additional Discount Energy Purchase Agreements with Macy's East.5.2 Million in Additional Project Revenue in 2007 EL DORADO 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, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CPEU) today announced that it has signed two additional Discount Energy Purchase Agreements with the Macy's East Division of Federated Connected and treated as one. See federated database and federated directories. Retail Holdings, Inc. (Macy's East), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Federated Department Stores, Inc. (NYSE NYSE See: New York Stock Exchange : FD). These projects represent approximately $5.2 million in additional project revenue to BluePoint in 2007. These Discount Energy Purchase Agreements were executed pursuant to the form of a master agreement signed earlier this year with Macy's East, which operates about 190 stores in 12 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and Puerto Rico. Under these additional contracts with Macy's, BluePoint Energy, Inc. will permit, engineer, and install BluePoint EnviroGen[TM] Energy Modules - Powered by Cummins - in the Macy's store located in White Plains, New York For other places with the same name, see White Plains (disambiguation). White Plains is a city in south-central Westchester County, New York, about 4 miles (6 km) east of the Hudson River and as well as the Macy's Roosevelt Field Mall Roosevelt Field Mall is the largest shopping mall in the state of New York and ninth in the country as measured by gross leaseable area at 2,189,941 sq ft. (203,452 m²). Located in East Garden City on Long Island, the anchors of the 270 store mall are: Bloomingdale's, JC Penney, store located in Garden City, New York Garden City, New York is a village in central Nassau County, New York in the USA, which was founded by multi-millionaire Alexander Turney Stewart in 1869. The village is located 18.5 miles to the east of mid-town Manhattan, on Long Island. . These projects mark the next of several installments of BluePoint's newly designed, environmentally responsible, continuous-duty combined chilling, heat and power (CCHP CCHP Combined Cooling Heating and Power CCHP Certified Correctional Health Professional CCHP Constant Conductance Heat Pipe ) modules. As previously reported, a number of additional Macy's store locations have been earmarked and are undergoing pre-contract finalization, including the storied Herald Square flagship store located in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . These contract announcements are expected shortly. Guy A. Archbold, Chief Executive Officer of BluePoint Energy said, "We are exceedingly pleased with these agreements on a number of fronts. First, they demonstrate Macy's continued confidence in our EnviroGen[TM] Energy Modules employing state-of-the-art environmentally responsible energy sources. Second, these agreements validate our strategic marketing approach of executing forms of master contracts to substantially reduce the contracting cycle (from site assessment through execution of discount energy purchase agreement) for subsequent contracts. Lastly, we believe these agreements reaffirm our contention that our initial form of master agreement with Macy's, a historic retail operation with locations throughout the US, presents BluePoint with a significant number of near-term opportunities." Archbold continued, "The addition of these two additional discount energy purchase agreements under the Macy's East master agreement offers further proof that BluePoint Energy can provide economical onsite energy to end-users in an environmentally responsible fashion. We fully expect more such agreements to be signed in the coming months, not only with Macy's East, but also as a consequence of our master discount energy purchase agreements with both Starwood Hotels and Resorts Worldwide, Inc. and its wholly owned subsidiary, Starwood Vacation Ownership, Inc., as well as under master agreements currently in negotiation with other prominent entities in the retail, hospitality and healthcare industries." About Federated Department Stores, Inc. Federated, with corporate offices in Cincinnati and 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 , is one of the nation's premier retailers, with fiscal 2006 sales expected to be about $27 billion. Federated operates more than 850 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's and Bloomingdale's. The company also operates macys.com, bloomingdales.com and Bloomingdale's By Mail. About Chapeau, Inc. d/b/a BluePoint Energy, Inc. Chapeau, Inc. d/b/a BluePoint Energy, Inc. designs, assembles and sells packaged 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 ) and combined cooling, heat and power (CCHP) modules with ultra-clean emissions employing proprietary technology under the trademark EnviroGen[TM]. Chapeau utilizes its proprietary build, own, operate and maintain discount energy purchase agreement financial model to provide reliable, efficient, clean and cost-effective energy solutions to the end user. 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 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, 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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