Planet Resource Recovery, Inc. Receives Strategic Investment from High-Profile Energy Investment Group

  
    
  
  
    
      Planet Resource Recovery, Inc. (PINK SHEETS:PRRY), developer, 
      manufacturer and marketer of the PetroLuxus™ 
      family of products, is pleased to announce that the company has received 
      a strategic investment from Rightpath Energy Holdings LLC, an affiliate 
      of Rightpath Limited, a Nevada corporation with holdings in various real 
      estate, energy, aviation and entertainment-oriented projects located 
      throughout Arizona, Nevada and Kansas. Rightpath Energy’s 
      strategic investment is a multi-tranche transaction comprised of both 
      restricted shares and warrants. The aggregate investment will be in 
      excess of US$ 5,000,000 over the term of three years.
    
    
      Mr. Kurt Neubauer, Planet Resource Recovery’s 
      President/CEO, said: “I’ve 
      known Rightpath’s principal, Rick Burton, for 
      a number of years now, and am pleased to welcome his company’s 
      participation as Planet Resource Recovery continues to further advance 
      its innovative, environmentally-friendly technologies in the areas of 
      remediation, oil recovery and management of petroleum-based products.”
    
    
      Rightpath’s founder and CEO, Mr. Rick L. 
      Burton stated, “The environmentally friendly 
      technologies owned by Planet Resource are ‘disruptive 
      technologies’ that we anticipate will usher 
      in a paradigm shift in the oil & gas and energy industry. Kurt and his 
      team’s capabilities in delivering innovative, 
      energy-oriented technologies are second to none, and I’m 
      confident Rightpath’s investment will 
      accelerate the Company’s, and my own, ongoing 
      success.”
    
    
      About Rightpath Limited
    
    
      Rightpath Limited is a real-estate oriented operating and development 
      company based in Arizona and Nevada, which now controls several hundred 
      million dollars of commercial real estate investments. Founded by Rick 
      L. Burton, Rightpath participated in the planning, development, zoning 
      and sale of numerous office, retail, residential and mixed-use projects 
      located throughout the southwest prior to forming Rightpath Limited 
      Development Group, LLC with partners in 2006, in order to develop, among 
      other things, both a 500-acre mixed-use development in Glendale, Arizona 
      anchored by the new $100 million Major League Baseball spring training 
      facility for the Los Angeles Dodgers and Chicago White Sox (broke ground 
      November, 2007), and a 269-acre parcel in the Desert Ridge/North 
      Scottsdale area which is master-planned for some 3,700 residential 
      units. Affiliate companies include Rightpath Aviation, Rightpath Energy 
      Holdings, Rightpath Oil & Gas and Rightpath Music.
    
    
      About Planet Resource Recovery, Inc.
    
    
      Planet Resource Recovery, Inc. is a holding company spearheaded by its 
      Petrochemical manufacturing unit that has developed PetroLuxus™, 
      a proprietary environmentally friendly chemical compound that dislodges 
      oil in practically all natural and man-made environments. The PetroLuxus™ 
      family of products is an effective and efficient solution 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. RADA Technologies, Inc. engineers new mechanical processing 
      equipment proprietary to PetroLuxus™ products 
      while simultaneously providing fuel inventory management services 
      reducing loss to increase gain for its customers. 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.