Global Resource Corp. Wins International Environmental Achievement of the Year Award for Its 'Clean' Tire Disposal/Hydrocarbon R
25 Februar 2008 - 2:32PM
PR Newswire (US)
WEST BERLIN, N.J., Feb. 25 /PRNewswire-FirstCall/ -- Global
Resource Corp. (OTC:GBRC), a developer of a patent-pending
microwave technology and machinery for extracting oil and gas,
announced today it has been awarded the environmental achievement
of the year award by Tire Technology International, the world's
leading international publication for tire design, tire materials
and tire manufacturing technology. The award was made in
recognition of Global Resource Corp.'s patent- pending microwave
process that can dispose of old tires and at the same time reclaim
oil and other petroleum products, which then can be used to produce
energy. The award was announced at the Tire Technology Expo held
for tire industry executives in Cologne, Germany. A panel of 15
experts from international companies, universities and major
automotive companies chose the winners. In announcing the award,
one jury member, CEO and President Gaetano "Guy" Mannino of Verdek,
a consulting and trading company, Rome, GA, said, "Finally, a use
of scrap tires that's a win-win solution for the environment and
for the business." Mannino is the ex president of Pirelli North
America. Chairman Frank Pringle of Global Resource Corp. said,
"Eliminating pollution-producing scrap tires is an ideal use of
Global Resource's revolutionary microwave technology. We appreciate
this wonderful endorsement from the Tire Technology Expo's panel of
knowledgeable experts on the value of our technology for extracting
valuable hydrocarbons from old tires in an emissions-free process."
Pringle noted that this is the latest in a series of awards and
acknowledgements of its technology that the company has recently
been accorded. In a report released on July 17, the U.S. Department
of Energy profiled Global Resource and its microwave technology for
oil shale recovery as a company that could possibly help to make
the U.S. energy independent. In addition, Popular Science Magazine
selected Chairman Frank Pringle as a "Green Tech Innovator" and
Global 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, ; Jeff Andrews, CFO, Global Resource Corporation,
+1-856-767-5661, ; Investors, Arun Chakraborty, Stern & Co.,
+1-212-888-0044, Web site: http://www.globalresourcecorp.com/
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