SOURCE: Green Energy Resources

December 18, 2006 06:00 ET

Green Energy Resources UTCS Demonstration Set for December 21, 2006, Moves to 90 Park Ave., NYC

NEW YORK, NY -- (MARKET WIRE) -- December 18, 2006 -- Green Energy Resources (PINKSHEETS: GRGR) has moved the December 21st, 2006, UTCS software demonstration to 90 Park Avenue, New York City (17th Floor) to accommodate the expected turnout. The event is open to power utility companies, government officials, company shareholders, financial institutions, political representatives and environmental groups .All interested parties planning to attend must contact the company in advance to reserve seating. For reservations, please contact

On December, 14th, nine Northeastern and mid-Atlantic states began public hearings in Albany, NY, on the planned emission caps and trading scheduled for 2007. Other hearings are scheduled, and Green Energy Resources will offer its UTCS software to state governments free of charge.

In a related story, Bill Banker of Bloomberg news reported on December 5th that crude oil is expected to average about $95 per barrel by 2030. 14% of the U.S. energy supply is expected to be derived from alternative energy sources, according to the U.S. Department of Energy.

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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