Blue Sphere Retains Crescendo Communications for Investor Relations Services

CHARLOTTE, N.C., Oct. 11, 2017 /PRNewswire/ -- Blue Sphere Corporation (OTCQB: BLSP) (the "Company", "Blue Sphere", "we", "our" or "us"), an international Independent Power Producer (IPP) in the clean energy and waste-to-energy markets, today announced that it has retained Crescendo Communications, LLC for investor relations services.

Shlomi Palas, Chief Executive Officer of Blue Sphere, commented, "Given the significant progress we have made over the past year and after acknowledging various shareholder requests, we decided that it is appropriate to engage an investor relations firm to help communicate our activities.  Crescendo Communications has an established presence in the U.S. and Europe and we look forward to working with their team to more proactively communicate our business model and achievements, as well as recent and upcoming corporate developments to both current and prospective investors."

David Waldman, CEO of Crescendo Communications, commented, "We look forward to working closely with Blue Sphere to enhance communication and increase investor awareness about the Company's growing track record of developing and acquiring waste-to-energy projects that are supported by long-term power purchase agreements."

About Blue Sphere Corporation

Blue Sphere Corporation is a diversified independent power producer that develops, owns, and operates clean-tech, waste-to-energy facilities in the United States and abroad. The Company primarily converts organic waste into electricity, but also has the ability to generate heat, natural gas and organic byproducts through various technologies.

Blue Sphere facilities eliminate waste that would normally be disposed in landfills, reduce greenhouse gas emissions and protect water quality, helping to solve important global environmental issues. Blue Sphere is headquartered in Charlotte, North Carolina and has operations in the United States, Israel and Europe.

For further information about Blue Sphere, please visit the Company's website:

www.bluespherecorporate.com

Forward-Looking Statements

This press release contains certain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995), which are subject to risks and uncertainties and may change at any time. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors including, without limitation, (i) uncertainties regarding general economic and market conditions, (ii) uncertainties regarding changes in the clean tech sector, (iii) uncertainties regarding implementation of the Company's business strategy, and (iv) other risk factors as outlined in the Company's periodic reports, as filed with the U.S. Securities and Exchange Commission. As such, there is no assurance that the initiatives described in this press release will be successfully implemented or meet expectations. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events.

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SOURCE Blue Sphere Corporation