SOURCE: Arrow Research

Arrow Research

February 03, 2009 10:58 ET

Arrow Extends Environmental Commitment

NEW YORK, NY--(Marketwire - February 3, 2009) - Arrow Resources Development, Inc. (OTCBB: ARWD) continues to expand its operations while extending their commitment to sustainable agriculture. Arrow is currently expanding to new plantation locations (40,000 ha) for further development. In doing so, engineers have sought to use exclusively deforested land, which has been previously illegally harvested. Arrow extends their commitment to leave virgin forests untouched. The goal of the Arrow Resources Development team is to restore 3,000,000 hectares (1 hectare equals 2.5 acres) of this critical land in Indonesia through the creation of large-scale farming (eucalyptus, corn, soy, rice, fish and chickens) operations, ethanol plants and possibly several ethanol blending plants. It is anticipated that these developments will require approximately six to eight years and when completed, will create approximately 200,000 local jobs and many small local business opportunities.

About Arrow Resources Development, Inc.

Arrow Resources Development, Inc. develops and coordinates corporate operations, finance, sales and marketing activities along with the administration of the corporate citizenship programs for natural resource development companies in the Asian market. Its initial relationship with Arrow Pacific Resources Group Limited (BVI Company) is for the development of large scale plantation and farming operations in Indonesia. Arrow has signed a similar agreement with Gerakan Masyarakat Pelestari Lingkungan Hidup (GMPLH), and GMPLH's joint venture partner, PT Tiga Duan (Indonesian company owned by Arrow Pacific) for the large scale plantation/farming and ethanol plants in Indonesia. Arrow's agreements entitle the Company to 10% of all gross revenue generated by all their partners' plantation/farming including any and all sales of natural resources and derivative products. For more information about the company, please visit their website at

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact Information

  • Contact:
    e-media Direct, Inc.
    Investor Relations
    Email Contact