SOURCE: 5Barz International, Inc.

March 30, 2011 09:00 ET

5BARz International Closes $1 Million USD Financing

MISSION VIEJO, CA--(Marketwire - March 30, 2011) - 5BARz International Corp. (OTCBB: BARZ) (hereafter "5BARz" or the "Company") is pleased to announce that it has recently completed a private placement of 1,000,000 common shares at a price of $1.00 per share for aggregate proceeds of $1,000,000 (one million USD).

The shares were purchased in full by a European institutional investor. The Company issued the securities pursuant to a Regulation "S" exemption from registration for resale. Further, there are no warrants attached to the private placement. Proceeds of the private placement will be used for further corporate acquisitions and general working capital. 

"We are very excited to begin the process of realizing our business objectives in commercializing the 5BARz cellular network extender technology," stated Daniel Bland 5BARz President and CEO. "This first major investment will help further our operational plans and will position 5BARz International to realize meaningful growth over the near and long term."

About 5BARz International Corp.
5Barz International, Inc. is the exclusive worldwide distributor of 5BARz Cellular Network Extender products developed by Cellynx. The 5BARz technology was awarded the International CES Innovations 2010 Design and Engineering Awards for its new, patent pending 5Barz cellular network extenders.

The 5BARz patent pending products provide the first, plug and play, consumer electronic product that will capture cell signal, amplify it and resend that signal all within a device the size of a clock radio. 5BARz International aspires to service an international marketplace of some 4.8 billion mobile phone users with its breakthrough technology. 

5BARz International Corp.'s shares are publicly traded on the NASDAQ OTCBB under the ticker symbol BARZ.

On behalf of the Board of Directors

"Mr. Daniel Bland"
CEO & Director
5BARz International Corp.

Legal Notice Regarding Forward-Looking Statements

This news release includes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ include without limitation: whether the Company's technology will reach commercialization, the Company's limited operational history; requirement for and ability to raise capital; market acceptance of the Company's products; dependence on suppliers, third party manufacturers and other key vendors or partners; dependence on key personnel; continued enforceability of patent and trademark rights; and competition.

These risk factors are set forth in the Company's Form 8-K filed with the U.S. Securities and Exchange Commission on January 1, 2011 and may be covered in subsequent filings with the SEC. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as of the date of this press release. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.