CORRECTING and REPLACING Planet Resource Recovery, Inc. Featured in Houston Business Journal Editorial
24 March 2007 - 5:34AM
Business Wire
URL address in fourth graph of release should read:
http://www.planetresource.net/23486PlanetResourceE.pdf (sted
www.PlanetResource.net/hbjarticle). The corrected release reads:
PLANET RESOURCE RECOVERY, INC. FEATURED IN HOUSTON BUSINESS JOURNAL
EDITORIAL Planet Resource Recovery, Inc. (Pink Sheets:PRRY),
developer, manufacturer and marketer of PetroLuxus�, is pleased to
announce that the company has been featured in an 800 word
editorial in the Houston Business Journal. The editorial was
published in the March 16-22, 2007 edition under the headline
�Houston firm ready to gel with oil flow product.� The feature
editorial highlights Planet Resource Recovery, Inc., the company�s
launch into commercialization of its proprietary product
PetroLuxus� and the many targeted markets in the Oil & Gas and
remediation arenas. An independent oil & gas veteran whose
company provides services for major oil companies and that has been
working with PetroLuxus� was interviewed for his comments on the
product. �Rada Technologies President Robert Arias believes the
PetroLuxus product takes the process to the next step. �It�s a
tremendous advance,� he says. �This product will revolutionize the
environmental cleanup business and help companies� bottom lines.��
The complete feature article can be viewed at
http://www.planetresource.net/23486PlanetResourceE.pdf The Houston
Business Journal is written for members of the Houston business
community�focusing on current economics and trends. Highlights
include analysis of the impact of new product development, trade
show coverage, regional corporate reviews and examination of
regional financial shifts. Articles cover such diverse industries
as technology, oil & gas, real estate, retail, banking, office
management, construction, automotive and healthcare. About Planet
Resource Recovery, Inc. Planet Resource Recovery, Inc. is a
PetroChemical/Oil Services company that has developed a
proprietary, environmentally-friendly chemical that dislodges
hydrocarbons in practically all natural and man-made environments.
The company�s flagship product, PetroLuxus�, and its derivative
product lines have a strong affinity and rapid dispersement
qualities to break hydrocarbon chains on a molecular level for
cost-effective remediation and recovery of petroleum products. The
company�s prospective markets for remediation and recovery include:
oil tank farm cleaning, marine ship cleaning, oil sludge pits,
contaminated soil/oil spills, biodiesel, waste oil segregation,
heavy oil, tar sands, and Enhanced Oil Recovery, to name a few.
Planet Resource Recovery�s pilot manufacturing plant is fully
operational with PetroLuxus� ready for commercialization. For an
audio/visual demonstration of PetroLuxus�, click on the link -
http://www.planetresource.net/test76u31b.htm For more information
please visit www.planetresource.net "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.
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