SOURCE: Bluestone Energy, LTD.

November 17, 2008 09:28 ET

Bluestone Energy Services Opens Midwest Office

Site Will Provide Comprehensive Energy-Efficiency Services to Midwest Customers

CHICAGO, IL and NORWELL, MA--(Marketwire - November 17, 2008) - Bluestone Energy Services, LTD., a leader in energy-conservation engineering and project development services for utilities, industrial and commercial clients, announced today the opening of a new office in Chicago, Illinois.

Bluestone will use its new Chicago office to expand its service offerings to companies in Midwest and Mid-Atlantic states. Bluestone will provide to its clients in this manufacturing-intensive region, assistance in a number of areas, including demand-side energy management, navigation of complex utility incentives and reduction of overall energy consumption.

"With the current cost of energy and the state of the economy, companies both large and small are looking for cost-effective ways to reduce their energy consumption and receive utility incentives," said Peter F. Fairbanks, President of Bluestone Energy Services. "The timing is right for a greater attention to the needs of clients beyond the East Coast."

Bluestone's Midwest facility offers the following turnkey solutions:

--  Lighting Efficiency Improvements
--  HVAC Design, Diagnostics and Upgrades
--  Steam Supply and Distribution Systems Design
--  Turnkey Electric and Thermal Energy Efficiency Projects
--  Project Financing for Design/Build Projects
    

Bluestone's Chicago office is located at 1514 N. Wood St.

Earlier this year, Bluestone received the distinction of "Energy Project of Year" from the Association of Energy Engineers in recognition of work completed on behalf of Cambridge, Mass-based EF Education. Bluestone helped EF Education reduce energy costs at their 200,000 square-foot facility by significantly improving their HVAC system -- resulting in annual electricity savings of 2,900,000 kWh, utility incentives of $600,000 and a Return on Investment (ROI) of 2.7 years.

Next month, Bluestone will formally launch its Data Center Services Division, which will take a comprehensive approach to data center energy management and employ techniques such as virtualization, airflow management and free cooling. In addition, Bluestone will help its data center customers with the utility incentive process.

The data center division will be directed by Adam Fairbanks, a VMWare® Certified Professional and former Cisco Systems Principal Software Engineer.

About Bluestone Energy Services

Since 1990, Norwell, Mass-based Bluestone Energy Services has been providing professional engineering and project development services for utility, industrial and commercial clients. Bluestone is a leader in demand side management (DSM) programs for large commercial and industrial customers. Having developed and implemented hundreds of lighting, HVAC, and process energy conservation projects, Bluestone's engineers have secured millions of dollars in utility incentives for its clients. Bluestone has worked with a wide array of companies including Boston Properties, Cabot Corporation, and Stop & Shop Supermarket Company.

Additional information on Bluestone can be found at http://www.bluestoneenergy.com.

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