SOURCE: Blue Earth, Inc.

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July 29, 2015 09:15 ET

Blue Earth Announces David J. Prezioso as CEO of Blue Earth CHP and Opening Two New CHP Hubs in the Southeast and Midwest Regions

HENDERSON, NV--(Marketwired - July 29, 2015) - Blue Earth, Inc. (NASDAQ: BBLU), an alternative/renewable energy generation solutions company, announced today that David J. Prezioso has joined the Company as CEO of Blue Earth Combined Heat and Power, Inc. ("BE CHP"), a wholly owned subsidiary. Mr. Prezioso is a proven leader with extensive experience in field operations management, project management, project development and introducing new products to a market segment. Mr. Prezioso has over 30 years' experience in managing and optimizing field service and delivery programs for a number of Fortune 500 companies as well as smaller privately held firms.

BE CHP is opening offices in the Atlanta and Chicago areas. Each office will have a team of engineers focused on performing energy analysis on multiple CHP customer sites and develop modularized, standard CHP packages to minimize engineering costs and to facilitate and expedite energy plant installations.

"The industrial food processing and beverage CHP sector is evolving rapidly and is poised for significant growth," said David J. Prezioso. "I'm excited to join the BE CHP team and build on the Company's recent successes and help to accelerate the energy analysis and installation of CHP plants currently in the pipeline."

Prior to BE CHP, Mr. Prezioso served as VP of Business Development of Ice Energy, and rose to the CEO position. Within two years, he had successfully secured Ice's funding and product lines, culminating in groundbreaking energy storage contracts with some of the largest utilities in the USA. He also worked in a wide variety of executive, management, business development and engineering positions with Honeywell Corporation and its subsidiaries. He holds a Computer Technology degree from Control Data Institute and a B.S. in Electrical Engineering and a M.S. in Business Management from La Salle University. He has completed numerous management programs and seminars, including Six Sigma program.

"Dave brings an immediate boost to our CHP capabilities and has a proven track record in project development and installation for high profile corporations, " said Rob Potts, COO/President of Blue Earth, Inc.

"We are delighted to have Dave join the BE CHP team as CEO, as his depth of experience and leadership is a natural fit as we add two CHP operating hubs in Atlanta and Chicago," stated Dr. Johnny R. Thomas, CEO of Blue Earth, Inc. "This is part of the Company's commitment to more CHP resources as we anticipate accelerating growth in our CHP business unit."

About BBLU

BBLU is engaged in the clean technology industry with a primary focus in alternative/renewable energy generation sectors. We strive to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions and materially reduce energy costs to our customers. For more information about Blue Earth, Inc., please visit www.blueearthinc.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. Words such as "believes," "anticipates," "plans," "expects," "may," "will," "should," "intends," and similar expressions are intended to identify forward-looking statements. These statements relate to future events or to the Company's future financial performance, and the senior management addition and operational developments regarding the Company's wholly owned subsidiary Blue Earth CHP, Inc. These forward-looking statements are based on the company's current believes and expectations, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-Ks, Form 10-Qs, Form 8-Ks, Proxy Statements and other filings. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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