SOURCE: EnerBrite Technologies Group, Inc.

September 21, 2007 06:30 ET

EnerBrite Technologies Announces Stock Split

LAS VEGAS, NV--(Marketwire - September 21, 2007) - Through releases issued over the past several months, EnerBrite Technologies Group, Inc. (PINKSHEETS: ETGP) has defined its markets and outlined its business objectives. These objectives can only be realized by attracting capital. As a result of the decline in EnerBrite Technology's share value over the last six months, management has concluded that the prospects for raising additional capital have been weakened.

To counteract this trend and reinforce its commitment to the business plan, EnerBrite has taken the bold initiative of announcing a 1000 to 1 reverse split to become effective at the open of business today, September 21, 2007. The stock split is such that each 1000 shares held will be converted into 1 share. The fractional shares will be rounded up and the additional shares will be paid upon surrender of certificates.

EnerBrite Technologies Group, Inc. will also trade under a new symbol, ETGU.

"While this reverse will affect all shareholders in the short term," says Steven Brown, EnerBrite Technologies Chief Financial Officer and co-CEO, "it allows us to continue to raise the capital that is essential to achieving our business objectives. Building a strong organization, continuing to pursue sales prospects, and creating value in the business will ultimately benefit all shareholders." Brown continues, "We wish to reassure shareholders that no insiders have sold any shares since the merger."

Ed Herbert, President and co-CEO, adds, "We continue to be very optimistic about the energy management business and the prospect for substantial growth for EnerBrite Technologies. In fact, over the next few months we will be announcing a number of significant sales that are now being finalized. In addition, we are in the early stages of negotiating an important acquisition that, when completed, will have a major beneficial impact on EnerBrite's future."

About EnerBrite Technologies Group, Inc.

EnerBrite Technologies Group's focus is on introducing performance-related technologies designed to manage energy consumption and control demand. The EnerBrite product line consists of various technologies that not only have the capability of controlling energy demand but can also be the foundation for reconfiguring base building systems. These technologies can substantially change the way building systems are installed and operated (e.g. domestic hot water, hallway ventilation, in-suite heating/cooling, etc.).

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