SOURCE: Green Energy Resources

October 25, 2006 08:42 ET

Green Energy Resources Offers Aid to Buffalo, NY Snowstorm Recovery. NYS Biomass to Power Electricity and Save State Tax Payers Millons

ALBANY, NY -- (MARKET WIRE) -- October 25, 2006 -- Green Energy Resources (PINKSHEETS: GRGR) plans to assist Buffalo, NY. clean up efforts from the October snowstorm.Green Energy Resources is coordinating with NYS officials to take as much as 200,000 tons of woodchips at no cost to the state. Storm damage estimates by Erie County, NY. officials indicate about 1.75 million tons of damaged trees and limbs involved in the massive clean up. The salvaged biomass represents a cost savings in the millions of dollars to NYS residents. Green Energy Resources is a supplier of woodchips and wood biomass to the renewable energy industry.

Green Energy Resources recently expanded export operations to Albany, NY. The company plans to make its first export shipment of woodchips from the region before years end.The salvage operation and utilization of woodbiomass by Green Energy Resources represents an outstanding effort by New York State Govenor George Pataki, a national leader for renewable energy, and NYS DEC officials. Each 50,000 tons represents approximately 1 export shipment. "Free" woodchips from storm damage are a win, win situation for the state and the environment and the economy.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

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