RENW Receives Update From Cm2 on Production of Low Impact Hydro Units

TAMPA, Fla., Oct. 24  /PRNewswire-FirstCall/ -- Renewable Energy Resources, Inc., (OTC:RENW) (BULLETIN BOARD: RENW)  (http://www.renw.com/) announces that its European production and marketing partner, Cm2 of Terni, Italy, has communicated the status of production and facilities for RENW's Energy Commander low impact hydro unit. Cm2 advised that reverse engineering, design out, material selection, and plans and contracting for production facilities for build out of the Energy Commander V low hydro energy unit were now complete. Cm2, through their President and Head of Engineering, Giovanni Lanari, related that the basic 30 kilowatt unit was entering the final phase for production from Cm2 which was expanding its facilities for such production.

"We are currently working on the engineering of the first model which should be ready in the next couple of weeks," stated Mr. Lanari. "At the same time due to a recent acquisition and fund injection, we are planning the production facility for the unit." Cm2 is expanding its renewable energy production facilities in Italy for solar and waste energy product production, along with the Energy Commander unit for use in Italy and for supply to the United States for domestic use. Contracting orders have already been made for the units production needs.

Cm2 related that they have worked on the "performance and durability of the energy unit" which is the 12 cylinder rotary unit that has been enhanced through the addition of more enhanced materials selected through its engineering process. The unit which is built to deliver the base of 30 kilowatts from lower pressures, is being produced by Cm2 in Italy for European use and export to the United States under a joint venture agreement. The planned ten unit delivery by Cm2 is the first phase in the production cycle. Cm2 has identified user placements in Italy for some of the first units.

RENW had built four functioning prototypes, two of which operated under pressure for years, before the build out of the 12 cylinder radial system which was supplied for final production engineering and production through Cm2. The 12 cylinder format is expandable in slices, and under the oversight of Cm2, the unit is being produced for placement in both natural flows and industrial settings in both Europe and domestically. RENW plans for a near term visit to Cm2 for unit production and marketing plans, with reports on the timelines of production to be given in the short term.

Cm2's production facility is located in Terni, Italy, and encompasses a large 19,000 sq. meter area.  Cm2 manufactures and produces large industrial electrical components for utilities and industries across Europe.

About Cm2:

Cm2 is ISO 9001 certified, and IQ NET certified for the production, maintenance and installation of all electrical systems, as well as maintaining certifications in the same area for quality control. RINA (Italian Air and Shipping Registry), certifies that Cm2 works in accordance with ISO 9001 quality regulations in the making of the following products - process - services: Planning, production, installation and assistance of civil and industrial technological systems for electric, electronic and mechanical sectors.

About Internal Hydro:

Renewable Energy Resources, Inc. is an alternative energy company that developed a clean energy power system, the Energy Commander Systems, that utilizes a patented technology, using waste water, fluid or gas flow from any source where flow pressure is present, and yet wasted, to create electricity. RENW is involved in the development of renewable energy projects through acquisitions and maintaining its core principles of shareholder value, and business development in the alternative energy market. For more information, please visit the Company's Web site at http://www.renw.com/.

Forward-Looking Statements: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. 

DATASOURCE: Renewable Energy Resources, Inc.



CONTACT:  Ezra Smith of C. Jones Consulting, [phone]



Web site: http://www.renw.com/

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