PRESS RELEASE - FOR IMMEDIATE RELEASE

CONTACT:
Tim Seufert or Geralin Reyes
NBS
Phone: 800-676-7516
Fax: 951-296-1998
Email: tseufert@nbsgov.com or greyes@nbsgov.com

NBS OFFSETS ITS CARBON EMISSIONS WITH CARBONFUND.ORG

Temecula, CA , March 21, 2007 – NBS announced today that it offset its carbon emissions with Carbonfund.org, the country's leading carbon reduction and offset organization. NBS has offset all business related travel (auto and air) and office electrical usage. This practical step highlights NBS's commitment to be a leader in the public finance community, and NBS is believed to be the first such firm to take this step.

NBS's stakeholders are very concerned about global warming.  Considering the implications of climate change, carbon offsets through Carbonfund.org are a natural extension of the work NBS does on behalf of its stakeholders. 

“What can we do about global warming and our significant impact on the environment? We can simply lessen our business impact on the environment.”, Tim Seufert, NBS Managing Director

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 in one location, where it is cost effective, 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 NBS

NBS is an independent consulting, software and services firm based in Temecula, California, with a Northern Region office in San Francisco, California. NBS provides formation, engineering, administrative, regulatory compliance, consulting and software services relating to Special Financing Districts to approximately 200 local government clients.

About Carbonfund.org

Carbonfund.org is the country's leading carbon reduction 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 is reducing the threat of climate change by promoting cost-effective carbon reductions and supporting renewable energy, energy efficiency and reforestation projects globally that reduce and offset carbon dioxide emissions. Carbonfund.org works with over 100 corporate and non-profit partners including the National Wildlife Federation, Dell, IMD, Ovation Travel Group and Working Assets.

For more information, please contact Tim Seufert or Geralin Reyes at 800-676-7516.