SOURCE: Blue Sphere Corp

Blue Sphere Corp

September 29, 2015 08:30 ET

Senior Executive at Blue Sphere Purchases Shares in the Open Market

CHARLOTTE, NC--(Marketwired - Sep 29, 2015) - Blue Sphere Corp. (OTCQB: BLSP) (the "Company" or "Blue Sphere"), a clean energy company that develops, manages and owns waste-to-energy projects, announced today that Steven E. Paulik, the Company's Chief Financial Officer, purchased shares of the Company's common stock in open market transactions. Please refer to Mr. Paulik's Form 3 filing with the U.S. Securities and Exchange Commission, which can be accessed through the link below.

http://www.sec.gov/Archives/edgar/data/1419582/000138713115002754/xslF345X02/paulik-form3_091815.xml

Senior management for the Company will continue to review opportunities to buy shares individually, as well as look for various ways that the Company can increase shareholder value through the open market transactions.

About Blue Sphere Corporation
Blue Sphere Corporation operates in the fast growing Clean-tech sector as a waste-to-energy project integrator. Blue Sphere develops waste-to-energy and other renewable energy projects. The Company aspires to become a key player in the global waste-to-energy and renewable energy markets. For further information, please visit the Company's website: www.bluespherecorporate.com.

Forward-Looking Statements
This press release contains certain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995), which are subject to risks and uncertainties and may change at any time. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors including, without limitation, (i) uncertainties regarding general economic and market conditions, (ii) uncertainties regarding changes in the Clean tech sector, (iii) uncertainties regarding implementation of the Company's business strategy, and (iv) other risk factors as outlined in the Company's periodic reports, as filed with the U.S. Securities and Exchange Commission. As such, there is no assurance that the initiatives described in this press release will be successfully implemented or meet expectations. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events.

Contact Information