SOURCE: Barnabus Energy, Inc.

September 13, 2005 09:00 ET

Barnabus Energy Appoints David Saltman as President and CEO

CARLSBAD, CA -- (MARKET WIRE) -- September 13, 2005 -- Barnabus Energy, Inc. (OTC BB: BBSE) is pleased to announce the appointment of David P. Saltman as president and CEO of the Company.

Mr. Saltman is a native Californian residing near San Diego and is a graduate of UCLA's Annenberg School of Communication. He has participated in the President's advisory council that created environmental purchasing guidelines for the federal government, and is the recipient of several awards from the American Marketing Association for his work on sustainable technologies. Recently appointed to the Board to oversee the Advisory Committee, Mr. Saltman comes to us from his position as a senior executive at BioComposites International, a producer of natural fiber-reinforced plastics. Prior to his efforts in this sector, Mr. Saltman enjoyed a successful career in the entertainment industry, including being a founder of the "E!" Entertainment Network.

Upon accepting the position, Mr. Saltman said, "The traditional energy industry is at a challenging moment in its history. On the one hand, we are seeing tremendous value generated from coal, oil and natural gas holdings. At the same time, current events in the Middle East and Mississippi Delta remind us that we must prepare ourselves to move beyond petroleum and look towards sustainable solutions to meet the growing demands of 21st century development. Solar power and renewable energy solutions are clearly the way to go, and I intend to lead the Company toward that bright future."

During the brief eight weeks since Mr. Saltman joined the Board, he has brought the Company an exclusive worldwide technology licensing agreement for the Suncone solar collection system. He also inked a deal to acquire a significant interest in Solar Roofing Systems, a company with the first fully integrated photovoltaic roofing membrane based on high efficiency monocrystalline pv cells.

Barnabus Energy is now in the process of relocating to new corporate headquarters in San Diego, California, a State with strong incentive programs for renewable energy and other environmental initiatives. The Suncone division will remain in Los Alamos, New Mexico, where Dr. Prueitt and HYTEK Engineering are actively working on the first commercial demonstration model. Additionally, with an infusion of capital from Barnabus Energy, Solar Roofing Systems is moving ahead with the construction of its first manufacturing line located in Toronto, Ontario.

Mr. Kerry Nagy, who will resign as President, remains with the company in the role of Interim Financial Officer. The Board of Directors wishes to thank him for his efforts to-date, which have significantly assisted and propelled the successful launch and initial growth of the Company. Mr. Nagy stated, "Clearly, with the company's evolution into the renewable energy sector, we need leadership consistent with the project, and David has demonstrated his value and commitment to the company in no uncertain terms, and we expect many more great things from him in the future."

Mr. Saltman added, "Barnabus will be a strategically focused company. We have set aggressive targets for ourselves, but we believe they are achievable. We are at the right place, at the right time, with the right team, and we will be successful." The appointment is effective immediately.


Barnabus Energy, Inc. (BBSE) is committed to the development of a diversified energy project portfolio. The Company is currently acquiring commercially viable projects in both conventional and renewable energy sectors. Management has closely aligned itself with key strategic partnerships that will move the Company forward towards future acquisitions and growth. The company's model is a focused approach to the exploitation of targeted, low-risk development opportunities.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Barnabus Energy, Inc. has little or no control.


Barnabus Energy, Inc.

David P. Saltman, President

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