To: Patsyw who wrote (85254 ) 5/29/2001 9:40:16 AM From: Patsyw Respond to of 150070 CPEU, news,ENO, Nev., May 29, 2001 (BUSINESS WIRE) -- Chapeau, Inc. dba BluePoint Energy Products, Inc. (BluePoint) today announced that it has acquired a proprietary based license relating to ultra-clean emission technology developed by NRG Tech, a privately held engineering development firm located in Reno, Nevada. The NRG license provides Chapeau with a leading edge non-ammonia based ultra-clean emissions technology that will enable development of new packaged power generation and combined heat and power (CHP) systems exceeding EPA 2007 requirements for emissions standards. NRG's breakthrough technology is designed to provide ultra-clean emissions with zero loss in engine efficiency. Benefits of this design provide significant cost savings while at the same time help the environment by reducing harmful pollutants. As described in a previous news release, Chapeau is currently preparing to introduce newly redesigned Deutz 260Kw natural gas fueled packaged power generation and CHP systems that are presently being configured to operate with digital controls supplied by Nextronix, Inc. Addition of the NRG technology as described herein is anticipated to follow shortly thereafter and a specific timeline for introduction is expected to be announced at a later date. Chapeau's Chief Executive Officer, Guy Archbold, stated, "Testing of NRG's technology in natural gas fueled engines has produced nitrous oxide (NOx) emissions of less than 0.15 grams per horsepower hour and nearly immeasurable carbon dioxide (CO) levels of 1 part per million. By combining NRG's ultra-clean emission technology with the digitally controlled Deutz 260Kw engine we create a highly competitive product that pollutes less, extends engine life and dramatically lowers costs. It is our goal to incorporate NRG's technology into our packaged power generation and CHP systems such that we will more that compete in the marketplace." About Chapeau, Inc. Chapeau, Inc., formerly a development stage company, intends to design, assemble and sell packaged power generation and CHP systems to market niches in need of reliable controlled energy solutions. The Company is publicly traded on the Over-the-Counter Bulletin Board under the symbol CPEU. About NRG Tech NRG Tech (www.nrgtech.com) has several patent pending technologies for delivering practical solutions for clean energy, and is currently involved in several fleet conversion prototype projects for ultra-clean vehicles with Bechtel Nevada, City of Las Vegas, University of California at Davis, Palm Springs, and the US Department of Energy. NOTE: The foregoing is news relating to Chapeau, Inc. dba BluePoint Energy Products, 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. dba BluePoint Energy Products, 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. CONTACT: Chapeau, Inc. dba BluePoint Energy Products, Inc. Guy A. Archbold, 916/780-6764 (CEO) URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2001 Business Wire. All rights reserved. -0- KEYWORD: CALIFORNIA INDUSTRY KEYWORD: ENERGY ENVIRONMENT HARDWARE OIL/GAS UTILITIES