Chapeau, Inc. d/b/a BluePoint Energy (OTC BB: CPEU) announced today that Mr. Kirk M. Fowkes has joined BluePoint Energy as the Company’s Director of Business Development and Alliances. Mr. Fowkes brings to BluePoint over 30 years of senior management experience in the electrical power generation industry, having served in senior executive capacities within the equipment dealer/distributor networks of both Caterpillar Inc. (NYSE: CAT) and Cummins Inc. (NYSE: CMI). His extensive experience has afforded Mr. Fowkes an excellent understanding of the distributed generation market, directly or indirectly overseeing thousands of generator installations during his tenure in the engine distribution industry. He has managed companies with annual sales in excess of $125 million and over 400 employees. Mr. Fowkes earned a Bachelor of Science Degree in Accounting and a Masters Degree in Business Administration from Arizona State University.
Mr. Fowkes has also served on numerous onsite power generation advisory panels helping promote distributed power generation and innovative alternative renewable fuel solutions while he has also served on executive committees and chaired several advisory counsels with both Caterpillar Inc. and Cummins Inc. Mr. Fowkes, 59, is married with two children, a daughter who holds a Ph.D. in psychology and a son who is completing an MBA at the Kellogg School of Management at Northwestern University.
Mr. Fowkes commented for this release, “BluePoint Energy has strategically positioned itself in the energy management services business and I am anticipating remarkable success in 2008 and beyond. During the past two years while serving within the Cummins West organization, I’ve had the opportunity to view firsthand the Company’s world class, ultra clean, combined heat and power products. Utilizing its superior technology as a basis for BluePoint’s rollout of the Company’s proprietary Demand Response Asset Aggregation Program (D-RAAP™), I believe that BluePoint’s product offering is a true paradigm shift based on a revolutionary solution for fulfillment in the critical energy arena of demand response. I am a major believer in the future of this Company, which is why I joined the innovative and dynamic BluePoint team.”
Guy A. Archbold, Chief Executive Officer of BluePoint Energy, stated, “BluePoint recognizes this country’s estimated 220 gigawatts of ‘stranded asset’ onsite power generation via stand-by generators and the role the highly responsible engine manufacturer distributors hold in unlocking the vast amount of generation assets available domestically and internationally to be utilized as environmentally responsible demand response and distributed generation solutions. I can think of no other industry participant that has earned the respect of such distributors over as long a period of time as Kirk Fowkes, having spent nearly his entire career in senior management positions within the distribution networks of both Caterpillar Inc. and Cummins Inc. Together with our proprietary, paradigm shifting, environmentally friendly D-RAAPTM solution, Kirk Fowkes shall be the perfect interface between ourselves and the power generation distributors who are uniquely positioned and dedicated to providing green solutions to their customers while helping solve our ever increasing energy shortfalls and needs.”
Archbold continued, “BluePoint Energy’s Demand Response Asset Aggregation Program (D-RAAP™) solution creates ‘virtual power plants’ by providing centralized communication and dispatch control for a technological network of generation assets and building management systems, managed by our proprietary, Internet-based GenViewTM microprocessor control technology.”
Archbold concluded, “We believe our D-RAAP™ solution is fundamentally different than curtailment-only alternatives currently available in the marketplace. Our capabilities will enable customers to participate in demand response programs much more quickly and economically than with alternative suppliers. To that end, we are exceptionally pleased to welcome Kirk Fowkes to BluePoint Energy’s senior management team. We firmly believe that Kirk’s reputation will greatly enhance BluePoint’s efforts in working with the major participants in the power generation industry.”
About Chapeau, Inc. d/b/a BluePoint Energy
Chapeau is an energy management company that provides state-of-the-art, technology-based, environmentally responsible, ultra clean, demand response (DR) and combined heat and power (CHP) solutions to commercial and industrial energy users across the majority of public and private industry sectors, including hospitality, retail, healthcare, manufacturing and government. To-date, the Company’s efforts have focused principally on incorporating innovative and proprietary engineering solutions into its D-RAAP™ (Demand Response Asset Aggregation Program) and EnviroGen™ Energy Modules, both solutions utilizing Chapeau’s proprietary, robust, multi-layered, Internet and microprocessor-based GenView™ control systems.
The foregoing is news relating to Chapeau, Inc. d/b/a BluePoint Energy, Inc. (the “Company”) and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words “anticipate,”“believe,” “estimate,”“expect” and similar expressions as they relate to the Company or its management, including without limitation, Chapeau, Inc. d/b/a BluePoint Energy, Inc. (as defined herein) and/or the Company’s other subsidiaries, are intended to identify such forward-looking statements. The Company’s actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements.For a discussion of additional factors that may affect actual results, investors or interested parties should refer to the Company’s filings with the Securities and Exchange Commission; in particular, its annual report on Form 10-K, most current 10Q and other filings as may be relevant. This does not constitute an offer to buy or sell securities by the Company, its subsidiaries or any associated party and is meant purely for informational purposes.
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