SOURCE: Green Energy Resources

December 29, 2009 09:43 ET

Climate Cool Zero Carbon Pellets Offered to US Retailers and Distributors by Green Energy Resources Through Exclusive Distributorships

NEW YORK, NY--(Marketwire - December 29, 2009) - Green Energy Resources (PINKSHEETS: GRGR) is offering a climate cool Zero carbon wood pellet in 40 lbs bags for distribution to US retail and wholesale markets. The company is targeting Home Centers, Lumberyards, Hardware stores, and other retailers of wood and energy products. Green Energy Resources can provide 10,000 to 20,000 tons monthly that would generate $2-4 million per month for the company in new revenue streams. The pellets are ready for shipment and can be delivered within a week to anywhere in the US.

Green Energy Resources pellets are high quality 8mm diameter, 1% ash or less, and a BTU over 8500. The pellets are environmentally friendly with sourcing in part from pure virgin recycled wood and used pallets with no contamination. The pellets are a bi-product and not primarily from forestry operations. No high energy consuming dryers are used, reducing the carbon foot print to virtually Zero. The pellet could qualify under the US "Cap N Trade" for carbon credits should congress make credits available to individual citizens. Green Energy Resources has priced the pellets very competitively to enter the market.

Green Energy Resources is currently negotiating exclusive distribution rights with a New Jersey company for the New Jersey, Long Island, eastern PA and Maryland territory.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, ship availability, fuel costs and other risks.

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