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Professor Michael Nobel Joins the Planet Resource Recovery Advisory Board
Dr. Michael Nobel, Chairman of the Nobel Charitable Trust, Accepts a Leadership Role With Planet Resource Recovery, Pioneers in Hydrocarbon and Remediation Technologies
| Quelle: Planet Resource Recovery, Inc.
HOUSTON, TX--(Marketwire - June 16, 2009) - Planet Resource Recovery, Inc. (PLANET)
(PINKSHEETS : PRRY ), developer, manufacturer and marketer of the
PetroLuxus™ family of green technology products, announced today that
Dr. Michael Nobel has accepted the role of Chairman of the Planet Advisory
Board.
Planet Founder and CEO Kurt Neubauer stated, "Dr. Nobel is one of the most
sought after world thought leaders and humanitarians. We are thrilled to
have the leadership of a global-influencer with the stature of Dr. Nobel.
This signals the significance of the science behind Planet and the
PetroLuxus™ family of products to our investors as well as to the
industry sectors where we are doing our greatest work. We expect that Dr.
Nobel's relationship with Planet will accelerate our pre-eminence in the
core areas of remediation and recovery of valuable natural resources
throughout the world."
"Dr. Nobel's new role with Planet will further his lifelong commitment to
breakthrough technologies and science that enhance the environment through
preservation, remediation and recovery -- core focus disciplines of the
company," stated Mr. Neubauer.
About Dr. Michael Nobel:
Dr. Michael Nobel is a great grand nephew of Alfred Nobel, founder of the
Nobel Prizes. He currently directs the global efforts of the Nobel
Charitable Trust as Chairman. He obtained a doctorate at the University of
Lausanne in psycho pedagogy in 1979. In the science field he worked for
seven years as a researcher in social sciences at the Institute for Mass
Communication at the Lausanne University and as a consultant to UNESCO in
Paris and the United Nation's Social Affairs Division in Geneva on methods
for substance abuse prevention. Commercially he participated in the
introduction of magnetic resonance imaging as vice president of Europe for
Fonar Corporation.
From 1991 to 2007 Dr. Nobel served as the Executive Chairman of the MRAB
Group, a company providing diagnostic imaging services. From 1995 to 2006
Dr. Nobel was Chairman of the Board of the Nobel Family Society and the
American Non-Violence Project Inc. Today Dr. Nobel is chairman or board
member of ten international companies in medical diagnostics, treatment and
information systems; other areas included IT, oil exploration and
environmental management. He is also chairman of several not-for-profit
societies and foundations. His academic position is visiting professor at
the Frontier Research Center at the Tokyo Institute of Technology and guest
professor at the State University of Baku.
As Chairman of the Nobel Charitable Trust Foundation, Dr. Nobel recognizes
the incredible advances that have occurred in science and technology since
the Nobel Prize charter was established in 1901. The Nobel Charitable Trust
Foundation was created in part, to award a prize for outstanding
Alternative Energy Technology. Dr. Michael Nobel sits on several prominent
international prize committees and he has received numerous international
citations and awards for his work in the fields of medicine and conflict
resolution including an honorary doctorate from Soka University and an
honorary professorship from the National Academy of Science of Azerbaijan.
He is a member of the Academy of Natural Sciences in Russia.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc (the "Company" or "Planet") has developed a
proprietary platform of products based on a core technology known as
PetroLuxus™. The Company manufactures and markets the PetroLuxus™
platform of products, which represent a disruptive technology for use in
the specialty and petrochemical industries. The products are comprised of a
series of compounds with a wide array of applications, all of which benefit
from its unique ability to dislodge hydrocarbons from organic and inorganic
materials. The Company's Phase I revenue approach is comprised of three
distinct business units: i) Environmental Remediation ("ER"), ii) Enhanced
Oil Recovery ("EOR") and iii) Strategic Business Combinations.
The PetroLuxus™ platform of products is a "Green Technology." It is a
non-toxic, non-flammable and environmentally friendly method of separating
hydrocarbons from both man-made and naturally occurring materials. The
Company believes that PetroLuxus™ truly is a Disruptive Technology. The
Company believes that it will disrupt currently accepted best practices in
remediation and change the way hydrocarbons and metals are managed and
harvested throughout the world. Founded in 2005, the Planet corporate
offices are located in Houston, Texas.
For more information visit: www.planetresource.com or www.petroluxus.com.
Safe Harbor Statement
Certain statements in this release are "forward-looking" statements as
defined in the Private Securities Litigation Reform Act of 1995. Such
statements are subject to numerous risks and uncertainties. Actual results
may vary significantly from the results expressed or implied in such
statements. Factors that could cause actual results to materially differ
from forward-looking statements include, but are not limited to, the
Company's ability to meet the terms and conditions required to obtain its
project financing, risks and delays associated with product development,
risk of market acceptance of new products, risk of technology or product
obsolescence, competitive risks, reliance on development partners and the
need for additional capital. Planet takes no obligation to update or
correct forward-looking statements, and also takes no obligation to update
or correct information prepared by third parties that are not paid for by
Planet.