SOURCE: Garb Oil & Power Corporation

October 12, 2010 07:00 ET

Garb John Rossi (OTCBB: GARB) Introduces Its First Full Buyback Agreement on All Output Material (OTCQB: GARB) in Conjunction With the Introduction of Its New Compact Computer Waste (Scrap) Recycling Plant

Throughput 1.5 Tons per Hour; Investment: $1,960,000; This Plant Comes With the First of Its Kind Industry Full Buyback Agreement on All Output Material; This We Believe to Be a World First in Our Industry (OTCQB: GARB)

SALT LAKE CITY, UT--(Marketwire - October 12, 2010) - Garb Oil & Power Corporation (OTCBB: GARB) (OTCQB: GARB) www.garbop.com announces the introduction of its first compact Computer Waste (Scrap) recycling plant. Capable of handling 2 metric tons per hour of throughput and comes with a full buyback agreement on all throughput produced.

Garb John Rossi, President, states, "We are pleased to introduce our first compact Computer Waste Recycling Plant. This plant comes with its own buyback agreement for all output material produced. This we believe it to be a world first for our industry. Garb will sign a full long term buyback agreement on all output produced. This will provide our customers with peace of mind knowing that everything the plant produces will be on sold to Garb. This is in line with our ClosedCycle Principle of finding solutions aimed at using everything and waste nothing. This plant is aimed at both the national and international market. Its efficiency and cost will make the plant attractive to low cost startup companies interested in contributing to lowering the environmental impact of Electronic Waste. Garb is interested in having many such compact Computer Waste Recycling plants stationed all over the world, reducing the direct impact of electronic waste on landfills everywhere."

Garb Oil & Power Corporation is a company dedicated to the application of ClosedCycle™ technology and NoWaste™ residue. Our processing plants for tire recycling, E-Waste recycling and E-Scrap recycling, Waste to Energy and OTR, are all developed with these principles in mind. Garb believes that processing waste should be economically viable and leave NoWaste™. It is our endeavor to build plants that continue to push the boundaries for the attainment of the ClosedCycle™ principle and a world with NoWaste™ www.garbop.com

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Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The results anticipated by any or all of these forward-looking statements may not occur. Garb Oil & Power Corporation is not required to update its forward-looking statements.

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