Planet Resource Recovery, Inc. Expands Advisory Board
19 September 2012 - 3:00AM
Marketwired
Planet Resource Recovery, Inc. (PINKSHEETS: PRRY) is pleased to
announce the addition of David Barr to the Company's Advisory
Board. Mr. Barr will advise the Company on corporate strategy and
finance, risk management and other general business needs including
commercialization of the PetroLuxus™ and AquaLuxus product lines
into the oil & gas and water industries.
Mr. Barr brings a wealth of expertise and experience in many
areas of front and back office operations. Some specific areas
include finance operations including budgeting and planning,
structuring, corporate strategy and M&A, business development,
risk management including derivatives and trading with energy
related commodities, IT, pricing and supply chain in many
industries including oil and gas, water and wastewater and
technology. Mr. Barr has held Board level, officer and senior
executive positions in many areas with both large public and large
private organizations such as: Silicon Graphics (Officer and CAO),
Tybrin Corporation (CFO, VP Strategy, and M&A),
PriceWaterhouseCoopers, LLP (Director M&A Strategy Group),
EOG/ENRON Corporation (Director Asset Development Group),
Transamerica (Commercial Development and Corporate Strategy
Committee Team Member).
Throughout his career Mr. Barr has: been involved in helping
raise more than $1 Billion in private/public capital,
hedging/derivatives, ISDA agreements, M&A transactions and
supply chain operations; has been instrumental in corporate
strategies and revenue generation initiatives resulting in growth
of over 50% year over year; has managed transactions and operations
in over 60 countries.
Mr. Barr said, "I am real excited to be assisting and working
with Mr. Salinas and the Planet Resource team. I am looking forward
to offering my experiences in helping them in their growth process.
Planet and its new core products offer strong opportunities in
additional areas of oil and gas E&P, both conventional and
unconventional, and strong applications in water."
PRRY CEO, Enrique Salinas, stated, "David is a very valuable
addition to our team. As we continue the commercialization of our
core products, David's experience, contacts and leadership will
play a pivotal role in moving PRRY to the next level."
Mr. Barr joins other Planet Resource Recovery Advisory Board
Members Mr. Jim Miller, Mr. Emil Pena, Mr. Jeffrey Johnson and Mr.
Jourdan Mount.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and
marketer of the PetroLuxus™ Technology Platform. PetroLuxus
products are Green Technologies that maximizes hydrocarbon recovery
in the Oil & Gas industry. Documented well history case studies
indicate deployment of PetroLuxus technologies has helped Oil &
Gas Operators reduce maintenance costs and decrease downtime and
increase oil recovery. AquaLuxus products are new products for the
Water industry. For more information visit:
www.planetresource.net.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The
statements in this presentation that relate to the Company's
expectations with regard to the future impact on the Company's
results from new products in development are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The results anticipated by any or all of these
forward-looking statements may not occur. Additional risks and
uncertainties are set forth in the Company's Annual Report for the
year ended December 31, 2009, the Company's Quarterly Report for
the First quarter ended March 31, 2010. The Company undertakes no
obligation to publicly release the result of any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof, or to reflect the occurrence
of unanticipated events or changes in the Company's plans or
expectations.
Contact: Planet Resource Recovery, Inc.
281-213-5266 Email Contact
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