Board of Directors Approves Repurchase of Common Stock.

Business Editors

GENEVA--(BUSINESS WIRE)--April 4, 2002

BLUE Industries Inc. (OTCBB:BTGS) is pleased to announce that the Board of Directors appointed Universal Capital Partners of Toronto, Canada and The Watley Group, LLC, of Los Angeles, CA to advise and to manage the repurchase of up to 2,000,000 shares of the Company's Common Stock, .001 par value, which is registered pursuant to Section 12(b) of the Securities Act of 1933, as amended.

The Company also announced that the Board of Directors has approved initial purchases of Shares in the open market. Purchases will begin immediately and will continue at the discretion of the Board of Directors.

About Blue Industries Inc:

BLUE Industries' technology is the only viable alternative to chlorine in water treatment solutions. The Company's mission is to be a global leader in water treatment through its patented and environmentally safe solutions for waste water and drinking water. The Company's goal is to service the growing demand for usable water in domestic, industrial, and agricultural applications. Critical to the mission is to create superior value through profitable growth for its shareholders, customers, and employees.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1955: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts may be forward-looking statements. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made to involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.