SOURCE: Blue Earth, Inc.

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December 30, 2015 15:32 ET

Blue Earth Announces Laird Cagan as Executive Chairman, Bob Powell as Interim CEO and James Kelly as a Member of the Board of Directors of EnSite Power, Inc.

SAN FRANCISCO, CA--(Marketwired - December 30, 2015) - Blue Earth, Inc. (NASDAQ: BBLU), an alternative/renewable power generation solutions company, announced today that EnSite Power, Inc. ("EnSite Power"), its majority owned subsidiary that was spun-off to shareholders on December 1, 2015 (record date) has named Laird Cagan as EnSite Power's Executive Chairman of the Board of Directors. In addition, Bob Powell, a current member of the EnSite Power Board, is named Interim Chief Executive Officer of the company. James Kelly has also been selected as member of the EnSite Power Board of Directors. 

Johnny R. Thomas, formerly Chairman, President and Chief Executive Officer and John Francis, formerly Vice President, Corporate Development, are departing EnSite Power.

"We are pleased that EnSite Power has made significant progress and has created significant value," stated Interim CEO Bob Powell. "We are appreciative of the efforts that Johnny Thomas and John Francis have made, along with the EnSite Power team, to achieve major milestones for the company. We are glad to have had Johnny and John to help guide us through this period, and we believe we are poised for much future success at EnSite Power."

About EnSite Power

At EnSite Power, Inc., we offer energy efficient, environmentally friendly products that aid our customers in the pursuit of their energy and power destiny. Focused on uninterruptible power supplies for Traffic and Data Center industries, hardware and software to monitor and control electro-mechanical systems for Building Energy Management Systems, EnSite provides Powerful Innovation™ for our customers. For further information please visit our website at www.ensitepower.com

About BBLU

BBLU is engaged in the clean technology industry with a primary focus in alternative/renewable power 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," "projects," "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 engineering developments regarding the Company's wholly owned subsidiary Blue Earth Solar, Inc. These forward-looking statements are based on the Company's current beliefs 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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