Planet Resource Recovery, Inc. Signs New Master Distributor for the State of Texas
17 April 2007 - 11:00PM
Business Wire
Planet Resource Recovery, Inc. (Pink Sheets:PRRY), developer,
manufacturer and marketer of the PetroLuxus� family of products � a
proprietary, environmentally friendly chemical for the Oil &
Gas Industry, is pleased to announce the company has signed a new
Master Distributor for the State of Texas. MTI Process Systems, a
division MerTech Incorporated, has purchased the rights and
PetroLuxus� chemical solution to distribute for numerous
applications and sectors. Houston-based MerTech Incorporated was
founded in 1992 by Mr. Dale Merriman, whose career commenced in
1970 as a manufacturer�s representative of analytical
instrumentation products. MerTech Incorporated provides cost
effective solutions and analytical instrumentation products to the
Petrochemical and Petroleum industries, as well the power
generation, pulp & paper, pharmaceutical and semiconductor
segments. Throughout a successful tenure, Mr. Merriman and MerTech
Incorporated have developed strong relationships with hundreds of
companies and clients. MTI Process Systems will provide PetroLuxus�
and customer support to companies in various sectors such as
Biodiesel, Contaminated Soil remediation, tank farm cleaning &
remediation, emulsion breaking and refining. About Planet Resource
Recovery, Inc Planet Resource Recovery, Inc. is an innovative
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 below.
http://www.planetresource.net/test76u31b.htm For more information
please visit www.planetresource.net or http://www.petroluxus.com
"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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