Continued Added Value Supports Financing Efforts of Alliance Recovery Corporation

  
    
  
  
    
      Alliance Recovery Corporation (OTCBB:ARVY) (the Company) previously 
      received a valuation performed by Resource International of Ashland 
      Virginia, a consulting engineering company with specific knowledge and 
      expertise pertaining to the Alliance thermal chemical process. Resource 
      International worst-case valued the Company at $94 million dollars on a 
      going forward basis assuming that the Company was successful in moving 
      forward with its financial, development, construction, and operational 
      plans.
    
    
      Since that valuation, the Company has moved forward with the 
      implementation of activities specific to development, construction, and 
      operational strategies that have continued to add value to the overall 
      business effort. Continued efforts focused on the project financing have 
      caused the Company to enter into specific negotiations with several 
      organizations that have expressed an interest in financing the Alliance 
      showcase installation and other similar installations the Company may 
      consider in the future. Both debt and equity financings are currently 
      being discussed.
    
    
      Alliance CEO Peter Vaisler stated, “I’m 
      extremely happy with the results of our discussions to date, and it 
      remains our hope that in the weeks ahead, the Company will be in a 
      position to make further disclosures pertaining to our financing 
      efforts. This has been a lengthy process, however, we are still on plan 
      and will be making arrangements that will allow the Company to construct 
      and operate the show case waste-to-energy installation.” 
      Activity and dialogue will continue in connection to completing the 
      necessary project financing.
    
    
      “This should be great news for all the Company’s 
      shareholders who share our vision and recognize the huge potential of 
      the Alliance business model and proprietary alternative energy process. 
      Our patience will be rewarded as we are finally maneuvering into a 
      position to get started,” he added.
    
    
      The valuation was originally utilized in 2006 and 2007 in the Company’s 
      15c 211 Application to the NASD (National Association of Securities 
      Dealers) to obtain a public listing. As a result of the NASD’s 
      review of an earlier valuation, and their observation that the 
      assumptions underlying that valuation were out of date primarily due to 
      changes in the marketplace, it was necessary for the Company to provide 
      an updated valuation.
    
    
      It should be noted that during the period to obtain both SEC and NASD 
      approvals, overall energy prices significantly increased. Subsequently, 
      energy increases have continued thereby making the proposed Alliance 
      initiative that much more attractive. Furthermore, the US Administration 
      continues to encourage the development and use of energy alternatives 
      and renewable energy sources. The United States Department of Energy 
      (DOE) predicted a 54% increase in global energy demand from 1997 to 2015 
      and have suggested that US energy demands are not expected to peak until 
      2020.
    
    
      Since energy plays a crucial role in sustained US economic growth, 
      harmonizing increased energy requirements with ecological and 
      environmental considerations demands that municipalities and regional 
      power companies consider renewable and alternative sources of energy. 
      These energy alternatives currently constitute only about 1% of the US 
      energy supply. Alliance Recovery Corporation is positioned to play an 
      important role in the national push to develop and transition to 
      alternative/ renewable sources of energy generation.
    
    
      Most States have recognized the need to conserve energy dollars that are 
      exported for the purchase of energy fuels and as a result encourage 
      development and deployment of alternative energy resources.
    
    
      As a leader in research & development in alternative energy creation and 
      by utilizing oil created from thermal chemical conversion of rubber 
      waste, the Company will be able to provide America with sustainable 
      energy to support peak demand.
    
    
      About Alliance Recovery Corporation
    
    
      We are a developmental stage company that plans to construct a showcase 
      "waste-to-energy" facility at one of several sites identified by our 
      engineering team and ourselves. Our waste to energy facility will 
      recover a fuel oil as a result of a thermal chemical process that 
      converts rubber waste including used or scrap tires, to oil. 
      Subsequently, the recovered oil is used to fuel large reciprocating 
      engines driving alternators making electricity. Recovering a fuel oil 
      from rubber waste will contribute to fossil fuel conservation efforts 
      and ultimately help reduce the consumption of America's energy 
      resources. In addition to the sale of electricity generated from the 
      recovered fuel oil, several additional valuable bi-products produced in 
      the thermal chemical conversion process will also be sold into either 
      domestic or international markets. Our processing facilities can be 
      located, constructed and operated to meet the specific needs of the 
      community and operated in an environmentally friendly manner.
    
    
      For more information on our Company, please visit the website at www.AllianceRecoveryCorporation.com.
    
    
      Safe Harbor Statement
    
    
      This press release contains statements that may constitute 
      forward-looking statements, including the company's ability to implement 
      its business plan and the future strength of the company's business and 
      industry. These statements are based on current expectations and 
      assumptions and involve a number of uncertainties and risks that could 
      cause actual results to differ materially from those currently expected. 
      For additional information about Alliance Recovery Corporation's future 
      business and financial results, refer to Alliance Recovery Corporation's 
      Annual Report on Form 10-KSB for the year ended December 31, 2008, which 
      was filed with the SEC on April 15, 2008, Alliance Recovery 
      Corporation's 10-Q Quarterly Report filed with the SEC on May 19, 2008. 
      Alliance Recovery Corporation undertakes no obligation to update any 
      forward-looking statement that may be made from time to time by or on 
      behalf of the company, whether as a result of new information, future 
      events or otherwise.