SOURCE: Planet Resource Recovery, Inc.

November 11, 2009 10:47 ET

Planet Resource Recovery Appoints Ph.D of Applied Physics as Director of Technology

HOUSTON, TX--(Marketwire - November 11, 2009) - Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY), developer, manufacturer and marketer of PetroLuxus™ and other "Green" technologies for the remediation and recovery of the planet's resources, is pleased to announce the appointment of Dr. Harold R. Potts as Director of Technology. Dr. Potts has worked with PLANET in a consultant capacity on new green technologies and methodologies for the mining of base and precious metals as well as the remediation environmentally toxic metal. As Director of Technology for PLANET, he will be responsible for the design, development, proof of concept completion, patenting of proprietary chemical compounds, processes & methodologies and on-site equipment scale-up and installation. He will also collaborate on new applications for PLANET's hydrocarbon product -- PetroLuxus™.

Dr. Potts received his Doctorate of Applied Physics, with a heavy emphasis in Chemistry, in 1988 from the University of New York at New Paltz, New York while working at IBM, Inc. His career spanned 15 years at IBM as a Senior Engineer where he developed memory subsystems for large mainframes and educated technicians. He was instrumental in the design, development and patenting of the double and triple bit detection and correction software for 3090 Mainframe. He authored and IBM published technical papers titled "3090 Storage Failure Analysis" and "3090 Maintenance Reference Summary."

Between 1989-2002 he was the Laboratory Manager at IRC Inc. Here he ran the technical aspects of a metrology laboratory. He provided training to employees as well as those of his clients. He provided technical support to the marketing staff.

In 1998 he was retained by Houston-based Instru-Measure, which specializes in the component level repair for a wide variety of electrical and electronic test equipment, meters, indicators and calibration of pressure and physical measurement systems, to invent and develop a meter for oil field use in the completion of wells. The result was the Safety Multimeter which was designed to measure multiple factors in the setting of perforations at the oil pay zone to reduce costly mishaps. Oil services giant Schlumberger Limited purchased the rights to the Safety Multimeter for use by field personnel. Dr. Potts upgraded his original Analog Safety Multimeter to a Digital platform in 2004 for Schlumberger's continued use.

In 2002, he was a technical consultant to Electro Magnetic Resources Inc. (EMR) where he co-developed and patented the TheraMag II™, a magnetic field generator for therapeutic applications. The apparatus was used to treat idiopathic pain in patients and was used in a study of Huntington's disease by Dr. Dale Erickson, a respected neurologist in the Houston Medical Center.

From 2002-2004, he was the Chief Chemist at LCS Laboratories where he managed the analytical laboratory, conducted research in support of client's requests and performed analytical test methods.

He became the Director of Technical Operations for Marcase, Inc. in 2004 where he developed a new line of environmentally friendly water-based sealants for the Construction industry. He was in charge of coordinating all aspects of technical activities, performed all the R&D efforts in the development of new wood treatment methods and liaison with the University of Southern Mississippi Science Department.

After his project completion, he returned to Houston-based LCS Laboratories where he resumed his duties as Chief Chemist, later joining Serveon Specialty Chemicals, LLC as the company's Senior Developer. At Serveon, he developed the next generation of silicon-based treatments for wood, stone and other building materials. This line of silicon-based treatments are environmentally friendly compounds designed to resist water damage, mold & mildew.

Prior to joining PLANET, Dr. Potts was the President and General Manager of multi-state Instrumentation Repair & Calibration, Inc. providing testing and measurement equipment to customers in Texas and Louisiana.

Since joining PLANET as a consultant, he has been pivotal in the design of new technologies and methodologies for the mining of base and precious metals as well as the remediation of toxic heavy metals. He has contributed innovative new concepts for the treatment and remediation of cadmium laced water, base metal & precious metal mining. These new innovations have been tested in a controlled setting rendering the stated objectives. These new technologies that are under development will be patentable technologies to PLANET and new application platforms.

PLANET President and CEO Kurt E. Neubauer stated on the appointment, "Hal brings a wealth of experience and knowledge to PLANET. His accomplishments and scientific approach to applications we have identified in our business model will bring these new technologies to a reality. His knowledge of Physics, Chemistry, Magnetics, Instrumentation & Metering, Oil & Gas industry and software coding will be a great asset to our team."

Dr. Potts proudly served the United States as a member of the US Marine Corp. from 1970 - 1974 where he was deployed for one tour of duty in Vietnam. He resides in Humble, Texas with his wife and has six children. He is a member of the Knights of Columbus and frequently volunteers his time to the local schools teaching and conducting scientific experiments.

About Planet Resource Recovery, Inc.

Houston, Texas-based Planet Resource Recovery, Inc. is the developer, manufacturer, and marketer of unique, environmentally friendly proprietary chemical compounds and processes that will usher in a new paradigm shift in industry. The company is primarily focused on three distinct sectors: 1) Oil & Gas Industry with PetroLuxus™, 2) Remediation of mining toxic byproducts and 3) mining of base and precious metals. The company has developed multi-dimensional compounds and their related processes, technologies and methodologies to provide these sectors enhanced benefits and revenue opportunities. For more information visit: www.planetresource.com or www.petroluxus.com.

Safe Harbor Statement

Certain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital. Planet takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Planet.

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