Planet Resource Recovery, Inc. Announces Treatment of Additional Wells in the Austin Chalk Formation

  
    
  
  
    
      Planet Resource Recovery, Inc. (Pink Sheets:PRRY) is pleased to announce 
      the continued treatment of additional wells and the maintained oil 
      production of pilot wells treated in February through September 2008. 
      Production rates posted with the Texas Railroad Commission website 
      continue to show increased production is being sustained after only one 
      treatment with PetroLuxus™. The Company 
      continues to treat new wells while it monitors outputs of the original 
      wells treated and their significant increases of oil production in the 
      Austin Chalk formation. This update demonstrates the continuing 
      longevity and effectiveness of PetroLuxus™.
    
    
      Planet Resource Recovery, Inc. commenced working with an AMEX listed oil 
      production company in January 2008, with the goal to treat a series of 
      wells to increase oil production with its down hole treatment products. 
      The company's wells are situated in the Austin Chalk formation in Texas. 
      The selected primary pilot oil well had dramatically declined in 
      production since being brought back online in September of 2007. This 
      well's oil production had slipped in production from over 750 barrels of 
      oil per month to less than 85 barrels of oil per month.
    
    
      After the PetroLuxus™ treatments were 
      performed in the Spring of 2008 increased oil production was realized 
      within two weeks, which was extremely encouraging as porosity in the 
      Austin Chalk is some of the lowest in any formation. Oil production at 
      the selected PetroLuxus™ treated wells for 
      February through July 2008 has been significantly improved. Since 
      treatment, not only has oil production been revitalized but improved 
      equipment efficiency has been realized, allowing for less down time due 
      to equipment failure.
    
    
      About Planet Resource Recovery, Inc.
    
    
      Planet Resource Recovery, Inc. is the developer, manufacturer and 
      marketer of the PetroLuxus™ family of 
      products, a proprietary environmentally friendly chemical compound that 
      dislodges oil in practically all natural and man-made environments. The 
      PetroLuxus™ family of products are effective 
      and efficient solutions for the remediation and recovery of 
      petroleum-based products. PetroLuxus™ 
      applications include Enhanced Oil Recovery, Oil Sands, oil spills, oil 
      tank farm cleaning, marine ship cleaning, remediation of oil sludge 
      pits, treatment of raw fuel feedstocks, waste oil segregation and 
      biodiesel, to name a few. Through the acquisition and formation of 
      wholly owned subsidiaries, Planet Resource Recovery, Inc. deploys the 
      PetroLuxus™ products. Oil Recovery Ventures, 
      Inc. deploys PetroLuxus™ through joint 
      ventures in the Enhanced Oil Recovery market.
    
    
      For an audio/visual demonstration of PetroLuxus™, 
      click on the link http://www.planetresource.net/index-21.html.
    
    
      For more information visit: http://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.