Intrepid Receives Clean Air Exemption


IDAHO FALLS, Idaho, March 31, 2005 (PRIMEZONE) -- Intrepid Technology and Resources, Inc. (ITR) (OTCBB:IESV), a renewable energy company, announces that the Idaho Department of Environmental Quality has provided written concurrence that the Whitesides Biogas Facility meets the permit to construct exemption requirements of Idaho rules for the control of air pollution. Intrepid submitted an exemption request based on calculations and modeling of air emissions for the plant. To the company's knowledge, no other dairy digester system has produced the emissions modeling to receive an exemption. Two compounds of sulfur in digester emissions, hydrogen sulfide and sulfur dioxide, are regulated under the Clean Air Act. The Whitesides Biogas facility has sulfur removal equipment that provides a competitive edge in an area where emissions, and compliance to clean air requirements, is a growing concern. Future, larger digester projects may require an air permit, but the groundwork established in the DEQ review of the Whitesides data will aid the company in the preparation of those permits.

Dr. Dennis Keiser commented on the significance of the exemption, "This is another example of the progress we are making in executing our 'Methane to Market' concept of producing natural gas from animal waste for distribution to residential and industrial users."

About Intrepid Technology: We are a national leader in Methane to Market technology and production and an application innovator of Biogas products and services designed to assist in worldwide energy independence and reduce pollution from renewable agriculture feedstock and industrial and agriculture waste materials.

Statements released by Intrepid Technologies and Resources that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.



            

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