CST: 25/05/2016 21:45:10   

BlueNRGY Group Limited Announces Trading Symbol Change

131 Days ago

SYDNEY, AUSTRALIA--(Marketwired - Jan 15, 2016) - BlueNRGY Group Limited (OTCBB: CBDEF) ("BlueNRGY" or "Company"), a global provider of engineered systems and solutions for distributed power generation and climate control/energy efficiency, today announced that the Company's ticker symbol has reverted back to CBDEF, following the statutory temporary change triggered by the Company's 1:80 share consolidation in December 2015. 

William Morro, BlueNRGY's Executive Chairman and CEO, stated, "Having regained full compliance with the U.S. Securities Exchange (SEC) reporting requirements in 2015, as well as completing our ordinary share conversion, we begin the new year on track and ready to continue to execute on our business plan, capitalize on new growth opportunities and build shareholder value. Once again, our shares are trading under the symbol CBDEF, and we look forward to being able to uplist our stock soon to a national exchange." 

About BlueNRGY Group Limited:

Established in 1989, BlueNRGY Group Limited is a leader in engineered solutions for the management of distributed power generation and climate control/energy efficiency systems. Its Draker monitoring system and other data analytics and life-cycle maintenance services are deployed worldwide and relied upon by system owners, financial institutions, utilities, government bodies and component manufacturers to deliver mission-critical information and operational support. As a global leader in delivery of best-in-class technology, BlueNRGY monitors or services more than 2GW of operating assets and has designed and installed more than 230 MW of solar and wind systems for commercial and utility applications. The company's Parmac division is a leader in energy-efficient climate control systems in its served Australian markets.

With regional headquarters in Australia, the USA and Europe, BlueNRGY is positioned to serve customer operations globally. For more information, visit www.BlueNRGY.com.

Caution Concerning Forward-Looking Statements:

This news release contains 'forward-looking statements. Such forward-looking statements can be identified by, amongst other things, the use of forward-looking language, such as the words 'plan', 'believe', 'expect', 'anticipate', 'intend', 'estimate', 'project', 'may', 'would', 'could', 'should', 'seeks', or 'scheduled to', or other similar words, or the negative of these terms, or other variations of these terms or comparable language, or by discussion of strategy or intentions.

Such forward-looking statements are subject to various risks, as well as those set forth in the Company's most recent annual report on Form 20-F and other filings with the SEC, and involve assumptions, estimates, and uncertainties that reflect current internal projections, expectations or beliefs. Such statements include expectations about the effective date of BlueNRGY's share consolidation and relisting on the NASDAQ Capital Market. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements contained in this news release are qualified in their entirety by these cautionary statements and the risk factors described above. Furthermore, all such statements are made as of the date of this release, and BlueNRGY Group Limited assumes no obligation to update or revise these statements unless otherwise required by law.

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Phone: 646-762-4518

Media: Sean Leous
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Phone: 646-863-8998