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: 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. firstname.lastname@example.org 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 JAndrews@GlobalResourceCorp.com Investors, Arun Chakraborty, Stern & Co. 212 888 0044 email@example.com
SOURCE Global Resource Corp.