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Blue Earth to Retire ≈7.643 Million Shares of Common Stock and ≈15.97 Million Warrants

HENDERSON, NV--(Marketwired - October 28, 2015) - Blue Earth, Inc. (BBLU) an alternative/renewable power generation solutions company, announced today that Blue Earth, Inc. (the "Company") entered into exchange agreements with two institutional accredited investors pursuant to which the Company issued 3,000,000 warrants exercisable at $0.55 per share in exchange for 7,642,580 shares of common stock purchased at a price of $.55 per share and 15,967,211 warrants. The proceeds for the transaction were funded by a 9% loan with a principal amount of $4,940,000 from the Jackson Investment Group, LLC, one of its largest shareholders and senior lender.

This transaction retired 23,609,791 common share equivalents to the Company's treasury. The 7,642,580 shares of common stock retired to treasury were originally sold by the Company for $0.50 per share. 7,647,211 million of the retired warrants had an exercise price of $0.50 and 8,000,000 retired warrants had an exercise price of $0.83 per share.

"Our management, Board of Directors and many of our largest shareholders strongly believe that there is significant value in the Company. I am very gratified by the support our investors have shown us in this process," stated G. Robert Powell, CEO of Blue Earth, Inc. "The stock retired and warrant reduction demonstrates our confidence in our business and our commitment to delivering shareholder value."

About BBLU

BBLUis engaged in the clean technology industry with a primary focus in alternative/renewable power generation sectors. We strive to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions and materially reduce energy costs to our customers. For more information about Blue Earth, Inc., please visit www.blueearthinc.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. Words such as "believes, "projects "anticipates," "plans," "expects," "may," "will," "should," "intends," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on the company's current believes and expectations, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-Ks, Form 10-Qs, Form 8-Ks, Proxy Statements and other filings. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.