SOURCE: Global Resource Corporation

Global Resource Corporation

August 27, 2010 09:10 ET

Global Resource Corporation Obtains Outstanding Activated Carbon Results From Its Tire Carbon Black

MOUNT LAUREL, NJ--(Marketwire - August 27, 2010) -  Global Resource Corporation (PINKSHEETS: GBRC), a developer of patented energy-efficient microwave-based technologies for recycling tires, upgrading petroleum products and converting other materials to higher value hydrocarbon-based fuels or carbon materials, obtained outstanding results from Professional Analytical and Consulting Services (PACS) on producing high quality Activated Carbon that is, according to PACS, 97% identical to the largest Activated Carbon manufactured materials. PACS is an industrial leading, independent laboratory and consulting services company, providing state of the art testing and data quality validation in the activated carbon market. The company is headquartered in Coraopolis, PA.

Activated Carbon is used in mercury vapor removal for electric power generation, gas purification, metal extraction, water purification, medicine, sewage treatment, air filters and many other applications. It is a much more valuable commodity than used tire derived carbon black and a true green commodity. World demand for virgin Activated Carbon is forecast to expand an impressive 9.0 percent per annum through 2014 to 1.7 million metric tons or 3.7 billion pounds. Its value ranges from $1.15 - $3.00 per pound.

For the above reasons, GBRC shall now focus its technology to produce Activated Carbon from its tire plants and work with GTI (www.gti-e.com), an environmental services and recycling company with over 20 years of industry experience to market/sell all of the Activated Carbon by-product produced. In addition to developing markets for GBRC's Activated Carbon by-products, GTI will play a major part in assisting GBRC with identifying key end users for GBRC's patented microwave technology. This development now allows GBRC and GTI to focus on the Activated Carbon market and although carbon black can still be produced, it is intended that Activated Carbon shall become the major focus of tire extraction for the aforementioned reasons and for the outstanding benefits that can be derived.

"This is a major achievement for GBRC. Through rigorous testing we have discovered that 100% pure carbon black that is desired by the tire manufactures is very difficult to achieve and from the outstanding work completed by our research team in our campus in Morrisville, we have realized the opportunities lie much more within the growing Activated Carbon markets. Although we can and will continue to produce carbon black when decomposing tires, the financial margins and market potential for Activated Carbon are larger and more profitable," stated Mr. Ken Kinsella, CEO of Global Resource Corp.

"Traditionally Activated Carbon is made from wood, coal and coconut shells, which can be costly. GBRC is the first and only organization to produce Activated Carbon from tires through its proprietary microwave frequencies. With this major accomplishment, GBRC has enhanced its value proposition tremendously while producing a material that is used in multiple applications to clean up our planet on an everyday basis. Activated carbon is a versatile and true green commodity and GTI's market knowledge should help create a strong value proposition for our shareholders while providing the company with a revenue annuity from future facilities," concluded Mr. Ken Kinsella.

"The PACS testing has yielded encouraging results and will enable GTI to explore additional new markets, especially within the Activated Carbon arena. We believe the Global Resources/GTI joint sustainability efforts can create a strong market value for this endeavor," said Edward Russick, VP-Sales, GTI.

About Global Resource Corporation
Global Resource Corp., (GBRC), is a developer of a patented 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 see: www.globalresourcecorp.com

Forward-Looking Statements
This news release contains forward-looking statements regarding Global Resource Corporation'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.

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