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:
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:
Stern & Co.
Global Resource Corporation
Bloomfield Business Park
408 Bloomfield Dr. Unit 3
West Berlin, NJ 08091
Arun Chakraborty, Stern & Co.
212 888 0044
SOURCE Global Resource Corp.