Contact Information: Company Contact: Enrique M. Salinas III Planet Resource Recovery, Inc. 281-996-5315 Media Contact: Rod Mitchell 281-350-5506
Planet Resource Recovery Premieres New Website
Revolutionary Oil & Gas Remediation Recovery Technology Showcased
| Source: Planet Resource Recovery, Inc.
HOUSTON, TX--(Marketwire - June 4, 2009) - Planet Resource Recovery, Inc. ("PLANET")
(PINKSHEETS : PRRY ), developer, manufacturer and marketer of the
PetroLuxus™ line of environmentally friendly specialty chemical
technology products, announced today the premier of its new website,
www.planetresource.com. Included for the first time in the public domain is
the story behind the founding of Planet and the development of the
PetroLuxus™ platform of products.
According to President Rick Burton, "It is no coincidence that exactly 150
years after the first dedicated exploration well in America -- one drilled
solely for oil, in Titusville, Pennsylvania -- that our company has
successfully participated in the remediation of an EPA Super Fund project
in the same area, setting the stage for a paradigm shift in the methods
used to remediate and recover hydrocarbons and metals trapped in
contaminated soil. In fact, our success in the field, remediating
contaminants buried in the railcar over 50 years ago exceeded all
expectations. This EPA Region III project was less than 400 miles from
where Edwin Drake launched what has become a juggernaut of global economics
-- the oil and gas industry. We believe the proprietary science represented
by our PetroLuxus™ products will be as significant and revolutionary in
the remediation and recovery of oil as was Drake's first gusher at
Titusville."
Planet's initial focus for commercialization of the PetroLuxus™ platform
of products will address project-specific needs for large scale remediation
and recovery in the North American hemisphere, as the Company continues to
develop and manufacture new applications for use by private, industrial,
commercial and governmental agencies throughout the world.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc (the "Company") 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, nonflammable and environmentally friendly method of separating
hydrocarbons from both man-made and naturally occurring materials.
PetroLuxus™ truly is a Disruptive Technology. It will disrupt currently
accepted best practices and change the way hydrocarbons are being managed
and harvested throughout the world. Founded in 2005, Planet Resource
Recovery has offices in Arizona and 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.