Contact Information: Contact: Planet Resource Recovery, Inc. Investor Relations: Jillian Young 1-877-878-5333
Planet Resource Recovery, Inc.'s Wholly-Owned Subsidiary Inspar Robotic Technologies Inc. Expecting Over 2 Million Dollars USD ($2,000,000) in Revenue
Inspar Is Currently in Negotiations With Large Contractors Working in New York, Washington, Texas, Puerto Rico
| Quelle: Planet Resource Recovery, Inc.
HOUSTON, TX--(Marketwire - July 20, 2010) - Planet Resource Recovery, Inc. (PINKSHEETS : PRRY ) is pleased to announce they are expecting revenue of over 2 million
dollars USD ($2,000,000) over the next 90 to 120 days from its wholly-owned
subsidiary Inspar Robotic Technologies Inc. and its new revolutionary
robotic lining system for Structural Enhancement. Kent Weisenberg, the CEO
of Inspar and the original designer and engineer of the robotics, said,
"This is just the start of our revenue stream. Inspar is currently in
negotiations with large contractors that are working in New York,
Washington, Texas, Puerto Rico, Korea, India and Australia. I will update
the investors and our shareholders as soon as we can as we have NDA's in
place, and are currently limited as to what we can say about the different
projects."
About Inspar Robotic Technologies Inc., 42 patents and counting...
Inspar Robotic Technologies Inc. engineering acumen and technical expertise
drives the company to continually adapt our technologies to ever-changing
customer and project requirements. This includes providing
custom-engineered solutions to a wide array of global industries and market
segments. Inspar's highly efficient and sophisticated robotic systems have
proven extremely effective in such diverse applications as nuclear,
coal-fired, and gas-fired power plants; chemical and petroleum processing
facilities; mining sites, fossil fuel transmission lines and facilities;
and public entities working on local, state, federal and international
levels. The company is committed to making environmental and safety
concerns an essential element of every project. The use of our robotic
systems and applications virtually eliminate any requirement for personnel
to work in potentially hazardous and confined spaces. Moreover, our systems
facilitate the application of the industry's most advanced pipeline
remediation technologies and exceptional products utilizing renewable
resources and 'green' technologies. These innovations, combined with
Inspar's engineering expertise and a capable crew of highly skilled
alliance partners means that your project is successfully completed
according to specifications: within an environment where the prevention of
both environmental hazards and the safety of your employees are paramount.
The Inspar's Technical Team, are named inventors on 42 U.S. and foreign
patents, is dedicated to bringing value, innovation and inspiration to your
organization.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is "Spearheading the Charge for the Maximum
Economic Recovery of our Planet's Resources through New-Age Products and
Technologies!" Technologies developed for and markets, is the processes and
technologies based on scientific research and understanding of silicon and
siloxane sciences to enhance the recovery of the planet's resources
including metals, minerals and hydrocarbons and to provide enhanced
coatings resistant to metal corrosion. The thrust is to create new
methodologies to optimize Oil & Gas production, maximize the harvesting of
base and precious metals, the remediation of toxic heavy metal
environmental contamination and the reduction or elimination of corrosion
of metal through the use of proprietary with breakthrough technologies
utilizing advanced science and chemistry to increase efficiencies, reduce
costs, protect the environment and resources. The development of new
chemical compounds and related processes to maximize efficiencies in the
Oil & Gas Industry, Mining Industry, Environmental Cleanup Industry and
Corrosion Industry through environmentally-friendly, cost-effective and
profitable platforms that are considered "disruptive technology" and will
usher in new paradigm shifts in industry. Presently, the company is
primarily focused on four distinct markets: 1) Oil & Gas Industry, 2)
Remediation of industry toxic metals & byproducts, 3) Mining of base and
precious metals and 4) Metal Corrosion Industry. The company has developed
the proprietary compounds and is currently developing their related
processes that will result in new technologies and methodologies for
industry. For more information visit: www.planetresource.net.
"Safe Harbor Statement"
Under The Private Securities Litigation Reform Act of 1995: The statements
in this presentation that relate to the Company's expectations with regard
to the future impact on the Company's results from new products in
development are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The results anticipated
by any or all of these forward-looking statements may not occur. Additional
risks and uncertainties are set forth in the Company's Annual Report for
the year ended December. 31, 2009, the Company's Quarterly Report for the
First quarter ended March 31, 2010. The Company undertakes no obligation to
publicly release the result of any revisions to these forward-looking
statements that may be made to reflect events or circumstances after the
date hereof, or to reflect the occurrence of unanticipated events or
changes in the Company's plans or expectations.