Global Resource Corp. announces Pennsylvania based subsidiary to take advantage of state's abundant energy deposits for research and operations WEST BERLIN, N.J., Aug. 8 /PRNewswire-FirstCall/ -- Global Resource Corp. (OTC:GBRC.PK), today announced it has formed a Pennsylvania based wholly-owned subsidiary, named Pa. Energy Resources, Inc., to conduct operations in the state. The new division of Global Resource will be located in Downingtown. The Company has bid on projects for research, alternative energy recovery and commercial energy production in the energy-rich state of Pennsylvania. Global Resource, located within miles of the Pennsylvania border, is working towards tapping into the energy potential of coal, dredge, tire and capped oil wells all located in the Commonwealth of Pennsylvania. "Pennsylvania holds vast amounts of natural resources that, using our process, could be cleanly and efficiently turned into energy for the United States' own consumption," says Frank Pringle, CEO of Global Resource Corp. "Pennsylvania is the birthplace of our country's independence, and the first state in the United Sates to harvest oil. The state's energy deposits could help bring our great nation energy independence." Global Resource has been working with state and local government officials, as well as commercial interests, to win access to the state's energy deposits and funding for energy production using the Company's patent pending technology. Specifically, Global Resource is seeking to produce energy from the following deposits: -- Capped Oil Wells. Oil wells are 'capped' when conventional methods have extracted all of the oil possible. What remains is 65% of the oil that originally existed in that well, a heavy, viscous oil that is difficult to collect. Using Global Resource's technology, that oil can be gasified and brought to the surface. -- Coal. Coal is the nation's most abundant energy source, but it is one of the most harmful to the environment. Global's gasification process runs in a vacuum, introducing no oxygen into the process, so carbon monoxide and carbon dioxide are not produced. -- Dredge. Rivers, lakes and other bodies are dredged to allow for more shipping, as well as environmental benefits. The problem with dredge is where to dispose of it. Global Resource can convert a portion of the dredge into energy, and what remains after their process is clean fill that can used for various purposes. -- Tires and recycled plastics. Tires are a tremendous source of hydrocarbons, and Global Resource has already signed a commercial deal for the sale of a unit that will convert recycled plastics into energy. The opportunities in Pennsylvania are abundant, and could eliminate tire yards. Global Resource Corp.'s fuel extraction technology unlocks energy, in the form of oil and combustible gas, in a broad range of raw and recycled materials. The process is environmentally friendly because it produces energy without introducing oxygen, releasing no harmful emissions or other by-products. The process uses 1,200 specific microwave frequencies to extract hydrocarbons, the building blocks of oil and gas, from tires, dredge, plastics, coal, oil shale, capped oil wells, tar sands, slurry oil, and drill cuttings. The hydrocarbons are then converted into clean gas or liquid diesel fuel. This process -- called "cracking the hydrocarbon chain" -- is performed within a closed-loop vacuum system that itself uses extracted gas as fuel. This eliminates the need for additional fuel inputs, and makes Global Resource Corp.'s UHF microwave extraction entirely self-sufficient. 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 Investor Contact: Jeff Andrews CFO 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 PRESS RESOURCES Press contact(s): Matt McLoughlin. Press room: http://www.globalresourcecorp.com/Recent%20Press.html Web site: http://www.globalresourcecorp.com/ Google Finance: http://tinyurl.com/2dybye DATASOURCE: Global Resource Corp. CONTACT: Frank Pringle, CEO, ; Investor: Jeff Andrews, CFO, , both of Global Resource Corporation, +1-856-767-5661; or Matt McLoughlin, Senior Account Executive, Gregory FCA, +1-610-642-8253, ext. 129, Mobile - +1-610-996-4264, , for Global Resource Corporation Web site: http://www.globalresourcecorp.com/ http://www.globalresourcecorp.com/Recent%20Press.html http://tinyurl.com/2dybye

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