MINNEAPOLIS, Minneapolis, MN - September 10, 2007 "“ Bellcomb Technologies Incorporated, one of the world’s largest manufacturers of honeycomb panels for commercial and industrial applications, has taken a major step forward in reducing its carbon footprint through a new partnership with the Carbonfund.org Foundation, a leading provider of climate change solutions.

As of June 1, all of Bellcomb's operations and facilities have become carbon neutral through a combination of conservation efforts and the purchasing of carbon offsets through Carbonfund.org. The non-profit foundation verified the work Bellcomb did to analyze their carbon footprint and recommended investments in carbon-reducing projects such as renewable energy, energy efficiency and reforestation.

Bellcomb is the first composite panels manufacture to join Carbonfund.org's CarbonFree(TM) program. By doing this, Bellcomb is demonstrating how mid-sized manufacturers can minimize their carbon footprint. Bellcomb's annual footprint is 974 tons of carbon dioxide, which, when offset, is equal to taking 180 passenger cars off the road for a year.

"I am very excited to announce our commitment to become a carbon neutral firm," said David Hartwell, President of Bellcomb. "Our company is taking responsibility for the effects of our carbon dioxide emissions while working hard to reduce them. This year we will offset the carbon emissions we are not able to eliminate by purchasing offset credits. We believe that all businesses, industries and communities should bear responsibility to minimize environmental effects and pollution."

Bellcomb recognizes the importance of addressing climate change on a person-by-person, business-by-business basis, which is why it has moved to immediately offset its greenhouse gas emissions.

"Carbonfund.org applauds Bellcomb's leadership and commitment to solving the problem of climate change," said Carbonfund.org executive director Eric Carlson. "Bellcomb's carbon reduction and offset program serves as an example for all composite manufacturing companies and is supporting our market transformation to a clean energy future."

An important part of that work was the creation of a multidisciplinary team of Bellcomb's management and engineers. Together they analyzed the company’s existing greenhouse gas emissions, evaluated options for change and investigated investments in carbon offsets. The next step is the development of a long-term plan, which will enable Bellcomb to meet the highest standards of energy efficiency, environmental performance and sustainability.

"We are currently in the process of setting clear targets to reduce the company’s carbon footprint and improve environmental performance in our offices and operations," said Mr. Hartwell. "Our strategic plan calls for continual progress in becoming a more "green" company and we are passionately committed to this goal. Bellcomb is leading by doing."

Carbonfund.org is a non-profit organization whose goal is to make carbon offsets and climate protection easy, affordable and a normal way of life for every individual and business. Carbon offsets enable individuals and businesses to reduce carbon dioxide emissions to offset the emissions they are responsible for in their normal activities, like home, office, driving or air travel emissions. For instance, a clean, zero CO2 wind farm can offset the carbon dioxide produced by a coal-fired power plant. By supporting renewable energy, energy efficiency, and reforestation projects, Carbonfund.org will retire an equivalent amount of carbon offsets. The financial support from these offsets will then help to continue the development of clean, renewable domestic sources of energy.

About Bellcomb

Established in 1989, Bellcomb is an internationally recognized leader in the design and manufacturing of composite panels for industrial applications The Company provides panels to industrial concerns in more than 40 different markets. Bellcomb is the largest user in the world of commercial grade aluminum honeycomb as a panel core material, although it also produces panels with various paper and plastic honeycombs as well as foams. Located in Minneapolis, Minnesota, the privately held company has had explosive growth in the last eight years due to its development and investment in new manufacturing technology and its capability to engineer solutions for disparate markets.

About The Carbonfund.org Foundation

Carbonfund.org is the country's leading carbon solutions and offset organization. Carbonfund.org educates the public about the dangers of climate change and makes it easy and affordable for individuals, businesses and organizations to reduce their climate impact. Carbonfund.org works with 300 corporate and non-profit partners including Discovery, Dell, Volkswagen, Orbitz, Environmental Defense, Lancome and Working Assets.

Carbonfund.org

Carbonfund.org

Carbonfund.org (www.carbonfund.org) reduces the threat of climate change by making it easy and affordable for any individual or business to reduce their carbon footprint and support climate-friendly projects. With its easy-to-use calculator, low offset cost per ton of CO2, and certified offset projects, Carbonfund.org is proving that anyone can reduce their impact on climate change easily and efficiently. Carbonfund.org is a nationally recognized 501(c)(3) nonprofit business, and a member of the EPA's Green Power Network, the Chicago Climate Exchange, and Ceres. Carbonfree and "Reduce what you can, offset what you can't" are trademarks of the Carbonfund.org Foundation.

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