SOURCE: Planet Resource Recovery, Inc.

November 27, 2009 11:04 ET

Planet Resource Recovery Realigns Technology Development Department

HOUSTON, TX--(Marketwire - November 27, 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 that Dr. Harold R. Potts, Director of Technology, will now oversee the continued development of PetroLuxus™ and other technology developments for the Oil & Gas Industry. Dr. Potts assumes these responsibilities immediately upon the resignation of Michael Smallwood. Smallwood oversaw the early stage development of PetroLuxus™.

Planet Resource Recovery retains all intellectual rights for the development of PetroLuxus™ and other technologies. Dr. Potts will now complete the development to broaden the commercialization of PetroLuxus™ for the Oil & Gas Industry while bringing the company's metals and remediation technologies to completion and patenting.

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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