Blue Sphere Corp Announces Engagement of Maxim Group

CHARLOTTE, N.C. -- Blue Sphere Corp (OTCQB: BLSP) (the "Company" or "Blue Sphere"), a clean energy company that develops, manages and owns waste-to-energy projects, today announced that it has retained Maxim Group LLC, a leading investment banking, securities and investment management firm, to provide strategic corporate planning and investment banking services. Maxim will focus on assisting Blue Sphere in its strategies for maximizing shareholder value through its full scope of investment banking services.



"As Blue Sphere enters its next phase of growth, it is pleased to be working with Maxim as its strategic advisor," said Blue Sphere's Chief Executive Officer, Shlomi Palas. "We believe that our relationship with Maxim will expedite our strategic plans and goals of the Company. The Blue Shpere team looks forward to working closely with Maxim."

Karl Brenza, Head of Maxim Group's Capital Growth Advisory Team, commentated, "We are delighted to partner with Blue Sphere in the financial and value creation components of its corporate strategy through our full-service investment banking capabilities. We are looking forward to working with Blue Sphere to assist with strategic planning, developing strategic partnerships, advising on potential acquisitions and introducing the company to the investment community."

About Maxim Group LLC
Maxim Group LLC is a leading full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed income and derivative sales & trading, equity research and prime brokerage services to a diverse range of corporate clients, institutional investors and high net worth individuals. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (MSRB), and is a member of the following: Financial Industry Regulatory Authority (FINRA), Securities Insurance Protection Corporation (SIPC), NASDAQ Stock Market and NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.

About Blue Sphere Corporation
Blue Sphere Corporation is a company in the cleantech sector as a waste-to-energy project integrator. Blue Sphere develops waste-to-energy and other renewable energy projects. The Company aspires to become a key player in the global waste-to-energy and renewable energy markets. For further information please visit the Company's website www.bluespherecorporate.com.

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