SOURCE: Blue Earth, Inc.

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June 04, 2015 09:15 ET

Blue Earth Announces the Nickel Zinc Battery Chemistry Utilized in Our Proprietary UPStealth® Products Passes Independent Test for Automotive Use

HENDERSON, NV--(Marketwired - June 04, 2015) - Blue Earth, Inc. (NASDAQ: BBLU), an alternative/ renewable energy and energy efficiency services company ("BBLU" or the "Company"), announced today that the nickel-zinc battery chemistry utilized in our proprietary UPStealth® Nickel Zinc (NiZn) intelligent digital battery backup system for signalized intersections, passed an important independent test for automotive start-stop applications.

Results of this independent test provides additional validation for our products for signalized traffic intersections and for our ongoing development program for an UPStealth® product targeted to replace lead acid batteries, as a back up power source for data centers. BBLU owns an equity interest in PowerGenix, which is based in San Diego, CA. PowerGenix has an extensive portfolio of issued and pending patents pertaining to the NiZn based technology.

In June of 2014, BBLU entered into an International Master Agent Agreement with PowerGenix. The multi-year joint product development and international master agent Agreements will adapt BBLU proprietary intelligent traffic uninterruptable power supply ("UPS") systems for use in worldwide multiple market verticals, including digital data storage and server operations, grid storage, critical transportation operations, city infrastructure and emergency UPS markets.

According to Dr. Johnny Thomas, CEO of Blue Earth, Inc., "This validation of our NiZn battery technology in the highly competitive automotive market vertical, substantiates the outstanding performance comments we are receiving, from a variety of customers, for our innovative UPStealth® product for signalized intersections. We look forward to increasing market share for existing NiZn chemistry based products and developing NiZn chemistry based products for commercialization in other market verticals, such as data centers."

The PowerGenix news release on the independent testing is quoted below.

"PowerGenix Nickel-Zinc Battery Passes Critical Testing for 12V Automotive Use
Posted on Jun 2, 2015

Institute of Automotive Technologies Dresden (IAD) Validates Benefits of NiZn Battery Technology for Stop-Start and Auxiliary EV Applications

SAN DIEGO, CA-(Marketwired - Jun 2, 2015) - PowerGenix, the leading supplier of high performance, automotive Nickel-Zinc (NiZn) batteries, today announced it has completed a comprehensive product evaluation test plan with Institute of Automotive Mechatronics GmbH (IAM), a part of the Institute of Automotive Technologies Dresden (IAD), at the Technische Universität Dresden (TUD). IAD evaluated NiZn performance capabilities to meet all the requirements of a 12V auxiliary power unit for plug-in hybrid electric (PHEV) and all-electric vehicles (EVs), as well as a 12V starter battery for stop-start applications.

"The unique cost and performance advantages of NiZn over other advanced chemistries make it an extremely promising alternative for 12V lead-acid batteries in electric vehicles and stop-start applications," said Professor Bernard Bäker, Managing Director at IAD. "This independent technology assessment is a key step in endorsing NiZn battery performance gains for use in PHEV and EV applications, as well as future stop-start models, for major automotive OEMs."

With up to 200 percent more usable energy and 30 percent lower weight and volume, NiZn offers unique benefits over lead-acid batteries as a replacement for 12V auxiliary systems in PHEVs and EVs. Weight carries a high premium in these vehicle architectures, which in turn imposes limitations on their all-electric driving range capabilities. Furthermore, NiZn contains over 90 percent recyclable materials, with no lead or rare earth metals.

Major global auto makers are working towards adopting NiZn for their 12V stop-start vehicle applications, which are one of the most cost-effective and efficient means of optimizing fuel economy. Current estimates put stop-start efficiency improvements at approximately 5 percent, while next generation systems with NiZn may achieve savings as high as 8 percent. With lower weight, significantly improved service life and high sustained charge acceptance, NiZn is an ideal alternative to lead-acid, offering further fuel economy improvements.

"European auto makers in particular are pushing the entire industry toward greater electrification through their commitment to sustainable innovation," said Salil Soman, Vice President of Product Marketing for PowerGenix. "Further, the use of lead-acid batteries in Europe is under a temporary exemption from an EU mandate looking to completely ban the use of lead in automobiles, and will likely be regulated in the future. NiZn is the only viable alternative solution when this legislation changes, and we look forward to working together with our customers to meet the demand for better performing, cost-effective, and non-toxic batteries in this sector."

About PowerGenix
PowerGenix is the leading supplier of high-performance, low-cost nickel-zinc batteries for automotive, industrial and stationary storage applications. PowerGenix nickel-zinc batteries are a superior alternative to lead-acid and other advanced chemistries, offering increased performance, greater service life and improved recyclability, which leads to lower costs over their entire service life. For more information, please visit http://www.powergenix.com"

About BBLU
BBLU is engaged in the clean technology industry with a primary focus in energy efficiency and alternative/renewable energy 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, the performance of UPStealth®, and the planned adoption and installation of UPStealth®. 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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