Scrap Magazine Makes Global Resource Corporation's ASR Conversion Technology July-August Cover Story
12 Juillet 2007 - 1:19PM
PR Newswire (US)
WEST BERLIN, N.J., July 12 /PRNewswire-FirstCall/ -- Global
Resource Corporation (OTC:GBRC.PK) today announced that Scrap
Magazine, a bi-monthly magazine that covers materials recycling
industry news, featured Global Resource's energy conversion
technology and the Company's HAWK 10 machine in the July-August
issue. Most notably, the magazine made Global Resource's auto
shredder residue (ASR) conversion technology its cover story.
Reporter Theodore Fischer profiled the New Jersey-based company in
an article entitled, "ASR Alchemy," which explored Global Resource
Corp.'s innovative technology and how recyclers worldwide see value
in it as a way to generate revenue from the materials they are
recycling. "Scrap Magazine is recognizing our process as the
cutting-edge technology that will help North America, and the
world, make ASR valuable," says Frank Pringle, CEO of Global
Resource Corporation. "We can help recyclers like Gershow
Recycling, our first customer, generate more revenue from the
materials they have been paying to send to landfills." Global
Resource's HAWK 10 eliminates auto recycling's costs and
environmental hazards by breaking down autofluff with its
patent-pending high- frequency microwave technology. The microwaves
gasify the materials -- a process also known as "cracking the
hydrocarbon chain" -- and convert them into 80 percent light
combustible gases, and 20 percent oil. The gas is then cycled in a
closed-loop system to fuel the next round of material breakdown,
without emitting any harmful waste. Scrap Magazine is written for
businesses that recycle any type of scrap metal, paper, glass,
plastics, rubber or textiles. Focuses on market, technology and
business developments pertaining to the field. About Global
Resource Corp. Global Resource Corp. has a patent pending process
that allows for removal of oil and alternative petroleum products
at very low cost from various resources, including shale deposits,
tar sands, waste oil streams and bituminous coal with significantly
greater yields and lower costs than are available utilizing
existing known technologies. The process uses specific frequencies
of microwave radiation to extract oils and alternative petroleum
products from secondary raw materials, and is expected to
dramatically reduce the cost for oil and gas recovery from a
variety of unconventional hydrocarbon resources. GBRC's technology
will not only be developed to extract oil from shale, but from
depleted oil fields in the US and elsewhere, many of which still
contain more than half of the hydrocarbons originally in these
fields, because the residual hydrocarbons are too viscous to
extract with conventional technology. This news release contains
forward-looking statements regarding Global Resource Corp's
business strategies and future plans of operations. Forward-
looking statements involve known and unknown risks and
uncertainties. The forward-looking statements contained in this
news release speak only as of the date hereof and Global Resource
disclaims any obligation to provide public updates, revisions or
amendments to any forward-looking statements made herein to reflect
changes in Global Resource's expectations or future events. Company
contact: Frank Pringle CEO Global Resource Corporation Bloomfield
Business Park 408 Bloomfield Dr. Unit 3 West Berlin , NJ 08091
Main: 856-767-5661 Press contact: Matt McLoughlin Senior Account
Executive Gregory FCA 27 West Athens Avenue Ardmore, Pa. 19003
Main: 610.642.8253, ext. 129 Mobile: 610.996.4264 DATASOURCE:
Global Resource Corporation CONTACT: Company contact, Frank
Pringle, CEO of Global Resource Corporation, +1-856-767-5661, ;
Press contact, Matt McLoughlin Senior Account Executive of Gregory
FCA, main, +1-610-642-8253, ext. 129, mobile, +1-610-996-4264, Web
site: http://www.mobilestreamoil.com/
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