Funds To Be Used To Acquire Entities in the
Heating, Ventilation and Air Conditioning (HVAC) and Plumbing Markets

SAN DIEGO, CA – (BUSINESS WIRE) October 10, 2007 – Buckeye Ventures, Inc., (OTCBB:BEYV.OB) today announced that it has secured $5 million in funding. The funding is being provided by Trafalgar Capital Specialized Investment Fund, which is making its first investment in Buckeye.

Alan Mintz, Buckeye Ventures Chief Executive Officer, states. “The new funds will enable us to make strategic acquisitions, which should nearly double revenues within the first 12-months after closing. It is great that a fund with the stature of Trafalgar Capital shares our vision for the HVAC and Plumbing industries and will help us realize Buckeye’s roll-up strategy in these key residential markets.

“To have the confidence of the institutional investment community at this stage of our company’s progress is perhaps one of the greatest compliments that we could receive. Building on the strength of our existing shareholders, we are pleased to have forged relationships with such a strong group of new strategic and financial investors as Trafalgar Capital and look forward to working with them as we expand our operations. Buckeye’s performance has improved significantly over the last year. This new capital infusion will enable us to implement new business initiatives that we have been working on, all of which will enable us to gain market share throughout the HVAC and plumbing industry,”  concluded Mr. Mintz.

This capital raise brings the Company a step closer towards its objective of establishing a nationally recognized brand in the $50 billion residential HVAC (heating, ventilation and air conditioning) and plumbing home services industry. 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 plans to implement the same highly successful strategy that it has used in its Boston, Sacramento and Modesto locations, which resulted in double digit growth in both revenues and net profit.
About Buckeye Ventures, Inc.

Buckeye Ventures is engaged in all aspects of the residential HVAC and plumbing services industry. Being a part of 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. The Company’s strong balance sheet and liquidity enables each region to expand through various marketing strategies. Buckeye is headquartered in San Diego, California. For more information, please visit www.beyv.com.

Disclaimer

To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

Contact Investor Relations
Larry Weinstein,  858-272-6600 x152

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