Liviakis Financial Communications Increases Stake In Blue Earth to 11 Percent

HENDERSON, Nev., Jan. 24, 2011 /PRNewswire/ -- Blue Earth, Inc. (OTC Bulletin Board: BBLU) announced today that it raised $499,999.30 from its Investor Relations Representative, John Liviakis, in a private placement, which was negotiated in December and closed on December 31, 2010. Mr. Liviakis purchased 434,782 shares, which increases his position in Blue Earth to 11 percent of the total 13,134,994 shares issued and outstanding after the recent acquisition of Castrovilla.

In a separate transaction, Blue Earth extended its Investor Relations agreement with Liviakis Financial Communications through November 12, 2012 and issued the investor relations firm 500,000 warrants, which are exercisable at $1.74 through November 10, 2013. Under the terms of the extended contract, in order to convert the 500,000 warrants into shares Liviakis Financial Communications would be required to invest an additional $870,000 in Blue Earth.

"I believe these two transactions demonstrate the confidence that Liviakis Financial Communications has in Blue Earth's clean tech business model, Executive Team, attractive capitalization structure, valuation and our clean, strong balance sheet," said CEO Dr. Johnny R. Thomas.

The cash from the private placement coupled with the recent closing of the Castrovilla acquisition increases the Company's Unaudited Shareholders' Equity to over $4 million, which exceeds the Shareholder Equity Listing requirement for the New York-American Stock Exchange.

"This is a major step toward the Company's goal of qualifying for listing on the New York-American Stock Exchange," said Dr. Thomas.

About BBLU

BBLU is engaged in the clean technology industry with a primary focus on the energy efficiency, water and wastewater 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 substantially 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. These statements relate to future events or to the Company's future financial performance, 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, 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. 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.

SOURCE Blue Earth, Inc.