Global Resource Corp.'s Energy-Producing Microwave Technology is Featured in Philadelphia Inquirer
04 Dezember 2007 - 1:09PM
PR Newswire (US)
WEST BERLIN, N.J., Dec. 4 /PRNewswire-FirstCall/ -- Global Resource
Corp. (OTC:GBRC), a developer of a patent-pending microwave
technology and machinery for extracting oil and gas, announced
today that the Philadelphia Inquirer in its Monday, December 3
Business Section, featured the company's microwave technology for
producing fuel. The article describes the company's technology for
making fuels from old tires. It also reports on the microwave
technology's potential for cleaning the dredge from rivers as well
as disposing of worn-out tires. Chairman Frank Pringle of General
Resource Corp. said, "Pennsylvania needs help in cleaning up its
river bottoms and getting rid of old tires and we think our process
can help. As the article notes, Global Resource's microwave
technology has the power to clean up these environmental problem
areas and produce much needed energy to heat our homes and run our
cars in an emission- free process." The article also said that
"Last week, Dinesh Agrawal (http://www.inform.com/Dinesh+Agrawal),
director of Pennsylvania State University's Microwave Processing
and Engineering Center, signed a contract with Pringle's company,
Global Resource Corp. of West Berlin, N.J., to help him get funding
and develop large-scale applications." The article also quoted the
professor as saying "It is very, very significant, what he has
done," said Agrawal, a professor who has been studying microwave
uses for 20 years. The article is just a latest recognition of
Global Resource Corp.'s groundbreaking microwave technology for
producing usable fuels in an emission- free process. The company
also noted that in a report made in June that was released July 17,
the U.S. Department of Energy profiled Global Resource and its
microwave technology for oil shale recovery as a help in making the
U.S. energy independent. In addition, Popular Science Magazine
selected Chairman Frank Pringle as a "Green Tech Innovator" and
General Resource Corp.'s microwave technology as one of its "Best
of What's New '07." Time Magazine also selected the company's
microwave technology as one of the "Best Inventions of the Year"
because of its ability to "pull fuel out of shale rock, tires and
even plastic bottles." In its annual round up of "Best Inventions
of the Year," Time Magazine selected 46 inventions in 12
categories, from Cars & Buses to Health. Global Resource's
microwave technology is included in the environment category. About
Global Resource Corp. Global Resource Corp., (OTC:GBRC), is a
developer of a patent-pending microwave technology and machinery
that extracts oil and petroleum products from shale deposits, tar
sands, capped oil wells, bituminous coal and processed materials
such as tires and plastics as well as dredged soil from harbors and
river bottoms. Its process produces significantly greater yields
and lower costs than are available using existing technologies.
Because the process takes place in an enclosed environment it is
emission-free and an efficient and cost-effective tool for cleaning
environmental wastes and toxic materials. For more information see:
http://www.globalresourcecorp.com/ Forward-Looking Statements This
news release contains forward-looking statements regarding Global
Resource Corp.'s business strategies and future plans of
operations. Forward- looking statements involve known and unknown
risks and uncertainties. The forward-looking statements contained
in this news release speak only as of the date hereof and Global
Resource disclaims any obligation to provide public updates,
revisions or amendments to any forward-looking statements made
herein to reflect changes in Global Resource's expectations or
future events. PR/Media Relations Contact: Richard Stern Stern
& Co. Tel: 212-888-0044 Jeff Andrews CFO Global Resource
Corporation Bloomfield Business Park 408 Bloomfield Dr. Unit 3 West
Berlin, NJ 08091 Main: 856-767-5661 Investors, Arun Chakraborty,
Stern & Co. 212 888 0044 DATASOURCE: Global Resource Corp.
CONTACT: PR-Media Relations, Richard Stern, Stern & Co.,
+1-212-888-0044, ; or Jeff Andrews, CFO, Global Resource
Corporation, +1-856-767-5661, ; or Investors, Arun Chakraborty,
Stern & Co., +1-212-888-0044, Web site:
http://www.globalresourcecorp.com/
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