C6 Energy Promotes Global Resource Corporations Microwave Technology Across the Middle East, India and China
22 Avril 2008 - 2:41PM
PR Newswire (US)
WEST BERLIN, N.J., April 22 /PRNewswire-FirstCall/ -- Global
Resource Corp. (OTC Pink Sheets: GBRC), a developer of a
patent-pending microwave technology and machinery for extracting
oil and gas, announced today further expansion into the global
market by entering the Middle East, India and China for recycling
and energy recovery. The Company has entered into a further
marketing agreement with C6 Energy, headquartered in Sydney,
Australia. C6 Energy specializes in the development of systems that
can process low value or negative value feedstock's and convert
them to energy products. C6 Energy has the ability to process
various feedstock's including: municipal solid waste (MSW), waste
oil, tires, sewage, animal waste, agricultural waste, coal and
energy crops. The principals of C6 Energy have a particular focus
and 15 years of experience in forming strategic partnerships in the
Asia Pacific Region, the Middle East, Russia and Africa. This new
agreement appoints C6 Energy as the exclusive distributor of the
GRC Microwave Energy Recovery technology for all current and future
applications, for the Peoples Republic of China, India, Russia (and
the former states of the USSR), various Asian countries, and the
Middle East. Austin Whittaker, Chief Executive Officer of C6
Energy, stated, "Our Middle East and India marketing team has
recently completed an initial 3 week roadshow across the region to
introduce the Global Resource microwave technology to key
government and corporate sector organizations. Over 30
presentations to high level officials of government agencies,
energy funds, and major corporations in the coal, oil, oil shale,
waste, recycling and environment sectors took place. The level of
interest thus far is high across all the countries visited and we
are receiving Expressions of Interest from companies who are
interested in purchasing microwave reactors." Mr. Whittaker,
continued, "In addition, we recently visited China to meet with key
Chinese colleagues who will assist us in the promotion of Global
Resource's technology on a national basis. C6 Energy will shortly
be promoting the GRC technology to major corporations in the oil,
coal, waste and environment sectors in China with an anticipated
market launch in the second half of 2008. C6 Energy plans on
opening a minimum of 2 China sales offices in 2008 to support the
promotion of the technology. Lastly, C6 Energy will also be
targeting oil, coal and oil shale companies in Russia where the
reclamation of oil is an important priority." Frank Pringle,
President of Global Resource Corporation, said, "We are
enthusiastic about the high-level of promotion for our technologies
by C6 Energy to be used in international markets. The Company is
pleased to be moving forward with C6 Energy for the further
commercialization of our microwave technology. With the help of C6
Energy we have been able to generate significant interest in our
technology for use in various applications including waste tires,
shale, oil sands, oil wells and sludge in China, India and the
Middle East." About Global Resource Corporation Global Resource
Corp., (GBRC), is a developer of a patent-pending microwave
technology and machinery that extracts oil and petroleum products
from shale deposits, tar sands, capped oil wells, bituminous coal
and processed materials such as tires and plastics as well as
dredged soil from harbors and river bottoms. Its process produces
significantly greater yields and lower costs than are available
using existing technologies. Because the process takes place in an
enclosed environment it is emission-free and an efficient and
cost-effective tool for cleaning environmental wastes and toxic
materials. For more information visit:
http://www.globalresourcecorp.com/ . About C6 Energy C6 Energy Pty
Ltd (C6E) is an Australian based company focused on the marketing
and promotion of energy projects and innovative technologies. The
principals and managers of C6E have extensive experience, strategic
market intelligence, know-how and long established government,
corporate and academic relationships across many countries. C6E has
dedicated staff, resources and significant promotional budget to
deliver a long term high-end marketing program to provide sales for
Global Resource Corp. For more information visit:
http://www.c6energy.com/ Forward-Looking Statements 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. Jeff Andrews, CFO Global Resource Corporation Tel:
856-767-5661 Investor Contact: Thomas Walsh, Vice President
Alliance Advisors, LLC Tel: (914) 669-0222 PR/Media Relations
Contact: Richard Stern Stern & Co. Tel: 212-888-0044
DATASOURCE: Global Resource Corp. CONTACT: Jeff Andrews, CFO of
Global Resource Corporation, +1-856-767-5661, ; or Investor
Contact: Thomas Walsh, Vice President of Alliance Advisors, LLC,
+1-914-669-0222, ; or PR-Media Relations Contact: Richard Stern of
Stern & Co., +1-212-888-0044, Web site:
http://www.globalresourcecorp.com/ http://www.c6energy.com/
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