SOURCE: Global Resource Corp.

January 27, 2010 12:31 ET

Global Resource Corp. Announces New Chief Scientist

New Chief Scientist, Dr. Vikram Rao, Was Formerly Chief Technology Officer and Senior Vice President for Halliburton

MOUNT LAUREL, NJ--(Marketwire - January 27, 2010) - Global Resource Corp. (PINKSHEETS: GBRC), a developer of a patented energy-efficient microwave-based technologies for recycling tires, upgrading petroleum products and converting other materials to higher value hydrocarbon-based fuels or carbon materials, announced today that Dr. Vikram Rao will become the Chief Scientist effective immediately.

Dr. Rao recently retired as Senior Vice President and Chief Technology Officer for Halliburton Company where he was responsible for Halliburton's technology effort, as well as the setup and management of the intellectual asset management function. Previously Dr. Rao held executive management positions in Research and Development, Product Launch, Reservoir Studies and Sales and Marketing during his tenure at Halliburton. He is currently the Executive Director, Research Triangle Energy Consortium, a non-profit in energy founded by Duke University, North Carolina State University, RTI International and University of North Carolina at Chapel Hill.

Dr. Rao serves in a technical advisory capacity to energy companies, technology companies, NGOs and Universities located around the world. He holds a master's degree and a doctorate in engineering from Stanford University and is the author of more than 40 publications and has been awarded 25 patents.

"Global Resource is extremely pleased to have the opportunity to add someone with Dr. Rao's experience and knowledge of bringing new technologies to commercialization to our executive management team," said Mr. Ken Kinsella, CEO of Global Resource Corp. "The fact that Dr. Rao decided to join our team further validates the power of our paradigm shifting technology in creating high-grade carbon commodities and energy from various waste sources. His expertise in commercializing new and disruptive technologies will be invaluable as we work towards mass commercialization of our technology in 2010. I look forward to working with him in monetizing our technology and creating value for our shareholders."

About Global Resource Corporation

Global Resource Corp. (GBRC) is a developer of a patented microwave technology and machinery that extracts oil and petroleum products from shale oil deposits, tar sands, coal and processed materials such as tires and plastics as well as dredged soil from harbors and river bottoms. Its process produces significantly greater yields and lower costs than are available using existing technologies. Because the process takes place in an enclosed environment it is substantially emission-free and an efficient and cost-effective tool for cleaning environmental wastes and toxic materials. For more information see:

Forward-Looking Statements

This news release contains forward-looking statements regarding Global Resource Corporation's business strategies and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties. The forward-looking statements contained in this news release speak only as of the date hereof and Global Resource disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Global Resource's expectations or future events.

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