Radar Acquisitions Corp.

Radar Acquisitions Corp.

December 13, 2007 09:00 ET

Radar's RPS Fuels Options Ohio Project Area

CALGARY, ALBERTA--(Marketwire - Dec. 13, 2007) - Timothy Bergen, President and CEO of Radar Acquisitions Corp. (Radar) (TSX VENTURE:RAC), is pleased to announce that RPS Fuels, LLC (RPS Fuels), has signed an option to enter, explore and lease a potential project area in south-central Ohio. The property - the Sunny Hill Project site - is strategically located along paved roads and is five miles from railroad load out access. RPS Fuels is the joint venture company formed by Radar and New Energy USA, LLC, to utilize New Energy's Re-Fuel™ technology (the Re-Fuel™ technology) in the production of an engineered solid fuel product (Re-Fuel™).

RPS Fuels' management has reviewed historical data on the Sunny Hill Project site and believes it will meet their criteria and provide enough recyclable material to justify the development of a Re-Fuel™ production facility.

"We are very optimistic about the potential of the Sunny Hill Project site," says Linden Swensen, President of RPS Fuels. "A series of studies will commence before the end of the month to begin assessing the viability of the site for a Re-Fuel™ plant."

The Re-Fuel™ technology is a patent pending process that combines coal waste with bio-mass to produce an engineered solid fuel product called Re-Fuel™. Re-Fuel™ is a competitively priced product that looks and behaves like coal, but burns much cleaner.

About Radar Acquisitions Corp.

Radar is a diversified natural resource development company focused on growth through the acquisition, exploration and development of resources and resource related technologies. Radar is focused on a joint venture agreement it has with New Energy USA, LLC, to develop engineered solid fuel products (Re-Fuel™) using a combination of coal slurry pond waste and biomass.

Re-Fuel™ will benefit the environment through the reclamation of coal slurry and other bio-refuse in the production phase and cleaner stack and ash emissions in the power generation phase. Production of Re-Fuel can qualify the producing joint venture company for a variety of tax credits while providing coal waste owners/suppliers with a significant benefit by decreasing site reclamation costs. Users of Re-Fuel™ will benefit from a competitively priced, cleaner, more efficient product that may also make them eligible for substantial carbon credits.

All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Radar's expectations are disclosed in Radar's documents filed from time to time with the TSX Venture Exchange, the Alberta Securities Commission, and the British Columbia Securities Commission.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Radar Acquisitions Corp.
    Timothy J. Bergen
    (403) 262-3797 or Toll Free: 1-877-262-5888
    Email: tbergen@radar.ab.ca
    Ascenta Capital Partners Inc.
    Bryson Goodwin
    Investor Relations
    (604) 684-4743 ext 239 or Toll Free: 1-866-684-4209
    Email: bryson@ascentacapital.com