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LOS ANGELES, CA -- (BUSINESS WIRE) — July 11, 2006---Buckeye Ventures, Inc. (OTCBB symbol: BEYV) announced today the expected close of two significant acquisitions. With projected combined revenues of more than $7 million, the two companies will become wholly-owned subsidiaries of Buckeye.  Both transactions are anticipated to be completed within 30 days.

The acquisitions are another step toward the Company’s objective of establishing a nationally recognizable brand in the highly fragmented, over $50 billion HVAC (heating, ventilation and air conditioning) and plumbing home services industries. Buckeye continues to target small and mid-sized local and regional operators, providing them with the opportunity to become part of a growing national conglomerate that is a publicly held company.

Buckeye has assembled a strong experienced management team, including 35-year industry veteran, Chief Executive Officer Alan Mintz.  One of the acquisitions, Maio Success Systems, adds Maurice Maio to the Company’s management team.  Mr. Maio is widely recognized within the HVAC and plumbing industry for popularizing flat-rate pricing. More than 55,000 industry specialists have attended Maio Success seminars, and during his 30 plus year tenure in the plumbing industry, Mr. Maio has established a working model that has influenced thousands of operations throughout the country into profitable, growing enterprises. 

Buckeye’s other acquisition is a northern California based HVAC company with an estimated $6.5 million in revenue.  This new company brings with it a distinctive brand name that Buckeye plans to use nationally.

Mr. Mintz, CEO of Buckeye, stated, "We are very excited to add Mr. Maio to our team.  His expertise in working with entrepreneurs, and extensive contact base in the HVAC and plumbing services sector will be an invaluable asset in our efforts to establish Buckeye as the leading national brand name in the marketplace.” He added, “Both acquisitions are in line with Buckeye’s position and commitment to energy management and conservation.”
About Buckeye Ventures, Inc.

Buckeye Ventures, Inc. is a consolidator of the residential HVAC/plumbing service industry. Participation in the Company’s network provides subsidiaries with: standardized policies and operating procedures which the Company’s management team has adopted from their extensive industry experience, and that have wide industry acceptance and application; comprehensive training programs to improve operating procedures and customer relations; and a positive public image through Buckeye Ventures, and potential liquidity through a public venture. 

Any forward-looking statements contained in this release reflecting management's best judgment based on factors currently known involve risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements included herein as a result of a number of factors including but not limited to Buckeye's ability to enter into various financing programs, roll-up business acquisitions and competition from other companies.

Contact:
Buckeye Ventures, Inc
Larry Weinstein (858) 272-6600
Company Website:  www.buckeyeventuresinc.com

Friedland Corporate Investor Services LLC
Jesse Blum, (303) 468-1287