HUNTINGTON, N.Y., Sept. 12, 2005 (PRIMEZONE) -- Green Energy Resources (Pink Sheets:GRGR) has offered Louisiana and Mississippi hurricane recovery assistance. Green Energy Resources pledged to purchase up to one million tons of hurricane storm damaged wood from each state. The plan alleviates landfill demand, creates jobs, develops new export markets, and provides the states with badly needed revenue streams.
Green Energy Resources has challenged FEMA to have vision and abandon its present policy of dump and burn, according to Joseph Murray, CEO.
Last year FEMA, and its cozy relationship with certain contractors, according to a Wall Street Journal report, failed to take advantage of the opportunity to benefit and protect Florida residents and U.S. taxpayers. Each hurricane provides a new opportunity to strengthen our economy, energy security, and develop new export markets to improve our balance of trade deficits. The abundance of biomass for renewable energy from each natural weather event could power up to 10% of America's total energy demand.
Green Energy Resources has unveiled its UTCS software prototype. The software program tracks sources of wood biomass, helps reduce green house emissions, preserves landfill space, coordinates multiple agency data, and creates chain of custody documentation. The software will begin nationwide distribution in late 2005 or early 2006. The software, the first of its kind, will provide Green Energy Resources with an exclusive worldwide market position.
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.