Planet Resource Recovery, Inc. and Affordable Bio Feedstock to Develop New Technology Utilizing PetroLuxus(TM) to Optimize Waste

  
    
  
  
    
      Planet Resource Recovery, Inc. (PINK SHEETS: PRRY), is pleased to 
      announce the collaboration between the company and Affordable Bio 
      Feedstock of Florida. The collaboration is aimed at developing a process 
      utilizing PetroLuxus™ products for the 
      separation and recovery of oils from waste trap grease materials 
      rendering an affordable, marketable grease feedstock for biodiesel 
      producers. Planet Resource Recovery, Inc. will supply PetroLuxus™ 
      products, technical advice and assistance on the design and development 
      of the process. Affordable Bio Feedstocks will develop and build the 
      modular process units. Affordable Bio Feedstock will own the process 
      technology and equipment.
    
    
      Affordable Bio Feedstock has been in discussions with numerous domestic 
      and international biodiesel producers seeking an affordable alternative 
      feedstock. To date, Affordable Bio Feedstock has purchase commitments 
      from Biodiesel producers approaching 50 million gallons of raw feedstock 
      annually once the technology is developed and deployed. This quantity of 
      raw feedstock represents an estimated $25 million per year revenue 
      stream for Planet Resource Recovery, Inc.
    
    
      Rising commodity prices for feedstocks have greatly hindered the growth 
      of the once burgeoning Biodiesel manufacturing industry. Surging raw 
      feedstock costs have halted the construction of new biodiesel plants and 
      have greatly narrowed margins of existing producers. A potentially 
      viable feedstock to replace current costly feedstocks is grease trap 
      grease commonly known as “brown grease.”
    
    
      Today brown grease generators such as restaurants and food service 
      facilities are burdened with the costly handling and disposal of this 
      waste stream. These entities pay trap grease haulers to pump out grease 
      traps and haul off for disposal in municipal landfill sites. The 
      National Renewable Energy Lab estimates the US generates 495 million 
      gallons of waste grease trap material yearly – 
      which does not include millions of gallons of waste grease captured at 
      municipal water treatment plants. Despite an abundant source of raw 
      material for fuel, no viable technology has been developed to convert 
      this trash into a marketable source of biodiesel feedstock due to 
      chemical and engineering challenges.
    
    
      Affordable Bio Feedstock provided Planet Resource Recovery, Inc samples 
      of brown grease from different sources for testing to determine: the 
      quantity of oil in the raw samples and the potential recovery of oil 
      from these samples using PetroLuxus™ products. 
      Independent lab tests verified that the two raw samples of brown grease 
      contained 40% and 44% oil. After treatment with PetroLuxus™ 
      products, utilizing minimal heat, it was verified that the recovery rate 
      of approximately 75% of the oil was realized. This high rate of recovery 
      makes the treatment of brown grease with PetroLuxus™ 
      commercially viable resulting in an affordable bio feedstock for 
      biodiesel producers.
    
    
      About Planet Resource Recovery, Inc.
    
    
      Planet Resource Recovery, Inc. is the developer, manufacturer and 
      marketer of the PetroLuxus(TM) family of products, a proprietary 
      environmentally friendly chemical compound that dislodges oil in 
      practically all natural and man-made environments. Currently, PetroLuxus™ 
      is chiefly being deployed to the Enhanced Oil Recovery market where 
      increased oil production is being realized at 100 – 
      500% per treatment. Other applications under development include: Oil 
      sands, oil tank farm & marine ship cleaning, remediation of oil spills & 
      oil sludge pits, treatment of raw fuel feedstocks for biodiesel, to name 
      a few.
    
    
      For an audio/visual demonstration of PetroLuxus™, 
      click on the link http://www.planetresource.net/index-21.html 
      or 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.