SOURCE: Planet Resource Recovery, Inc

November 19, 2015 09:00 ET

Planet Resource Recovery Enters Into Marketing & Distribution Agreement With Champion Seed Company

HOUSTON, TX--(Marketwired - Nov 19, 2015) - Planet Resource Recovery, Inc. (OTC PINK: PRRY) is pleased to announce that it has entered into an Exclusive Marketing and Distribution with Champion Seed Company. Champion Seed Company has newly formed Champion Well Clean which will market and distribute AquaLuxus WC exclusively in the Agricultural Sector within the United States.

For over three generations, the families of the principals of Champion Seed Company have been in the Agriculture business. In 1942, the first generation of Marshburn's purchased 40 acres in Los Angeles, county, California and formed Marshburn Farms. By 1975, Marshburn Farms had grown to over 12,000 acres and 900 employees. In 1976, the second generation of Marshburns successfully sold Marshburn Farms and acquired Champion Seed Company. Today, Champion Seed Company is successfully managed by the third generation of Marshburns. Champion Seed Company is recognized in the vegetable seed industry as a trusted provider of full-line quality vegetable seed for commercial growers. Champion Seed Company represents over 30 vegetable seed lines which are marketed and distributed in 30 States or territories within the United States and Mexico by 25 sales representatives. For more information visit: www.championseed.com

AquaLuxus WC has proven extremely successful in the rehabilitation of water wells. Feedback from field tests and growers has demonstrated that the use of AquaLuxus WC in water wells increases water production, increased water quality and mitigation of biofouling. Farmer's need for ample water is more critical today due to farm efficiencies. AquaLuxus WC is the ideal solution for growers in today's farming industry.

Mark Marshburn, partner of Champion Seed, stated, "We heard about AquaLuxus WC from a rep in Colorado where his customers had used AquaLuxus WC to clean their wells. These customers were purchasing more seed from us as they now had ample amounts of water. We got in contact with Planet and field tested a few wells on various customer's wells. The results from the treatments were exceptional. We are extremely excited about the product and results our customers are realizing. Growers desperately need AquaLuxus WC. This is a perfect fit for Champion."

Enrique Salinas, President & CEO of Planet Resource, commented, "This agreement is perfect partnering. Champion will provide a significant solution for growers with AquaLuxus WC. Planet benefits from the vast database of growers, a sales network and the Goodwill that Champion has built over three generations. The aggressive nature of Champion's marketing initiatives and its sales reps will significantly grow Planet's revenues and shareholder value. We look forward to working with Champion to expand the market place for AquaLuxus WC."

About Planet Resource Recovery, Inc.

Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the earth friendly products of the PetroLuxus™ Technology Platform which currently include the PetroLuxus™ family of products for the Oil & Gas industry and nontoxic AquaLuxus WC treatment for the water industry. For more information visit: www.planetresource.net.

Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December 31, 2009, the Company's Quarterly Report for the First quarter ended March 31, 2014. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

Contact Information

  • Contact:
    Planet Resource Recovery, Inc.
    281-213-5622