Contact Information: Company Contact: Enrique M. Salinas III, Chief Communications Officer Planet Resource Recovery, Inc. U.S. 281-996-5315 Media Contact: Rodney Mitchell President & CEO Adventures in Media Corporation U.S. 281-350-5506
Planet Resource Recovery, Inc. Appoints General Counsel and Executive Vice President
| Source: Planet Resource Recovery, Inc.
HOUSTON, TX--(Marketwire - April 16, 2009) - Planet Resource Recovery, Inc. ("Planet" or the
"Company") (PINKSHEETS : PRRY ), developer, manufacturer, and marketer of the
PetroLuxus® line of environmentally friendly specialty chemical technology
products announced today the appointment of Christopher S. Reeder and
Reeder, Lu Green, LLP as General Counsel and Marc S. Sperberg as Executive
Vice-President of the Company.
Christopher S. Reeder, 39, is founding partner of the Los Angeles based law
firm of Reeder, Lu & Green, LLP, and focuses on a wide array of complex
civil litigation and business and financial matters, including business
law, intellectual property, employment and securities law, complex
commercial litigation and white collar crime. Prior to founding Reeder, Lu
& Green, Mr. Reeder served as a partner in the Los Angeles office of
Sheppard Mullin Richter & Hampton, LLP. Prior to his law career, Mr. Reeder
served in The United States Navy from 1989-1994 as an Operations Specialist
and Anti-Submarine Air Controller, during which time he received three
letters of commendation and five medals serving in Operation Desert Storm.
Mr. Reeder is admitted to practice in California, United States Ninth
Circuit Court of Appeals, all of the United States District Courts
throughout California, and is admitted pro hac vice in various courts
throughout the United States. Mr. Reeder holds a BS in Political Science
and Sociology from the University of the State of New York and a JD, magna
cum laude, from University of Dayton School of Law.
Marc S. Sperberg, 46, is the President of MSA Consulting, Inc., a business
development, marketing and governmental affairs company primarily engaged
in the area of early and development stage companies. Mr. Sperberg has
consulted with numerous start-up and development stage companies. He has
earned a reputation as a highly skilled business, administration and
government affairs expert and has successfully managed and held key
positions in numerous public and private companies.
Planet President Mr. Rick Burton stated, "I have worked with Chris and Marc
in their respective capacities for many years. I am very pleased have them
join the Planet team and bring their extensive knowledge and experience to
the Company as we position ourselves for what we believe will be an
aggressive market introduction to our proprietary technology and related
product lines."
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is a developer, manufacturer and marketer of
the PetroLuxus® line of disruptive technologies within the field of
specialty chemicals. We manufacture proprietary products that are
cost-effective, highly efficient alternatives to existing methods of
implementing above and below ground soil remediation, oil and gas
production, and clean coal technologies. The Company's proprietary platform
of oxygen-scavenging products are environmentally friendly chemical
compounds that dislodge oil and other particulate matter at a molecular
level from virtually all natural occurring and man-made environments, thus
removing the unwanted contaminates and leaving in place innocuous and
acceptable levels of material for varied usages. PetroLuxus® products are
also applicable to enhanced oil and gas recovery, oil sands, oil spills,
oil tank farm cleaning, marine barge and ship cleaning, remediation of oil
sludge pits, treatment of raw fuel feedstocks, waste oil segregation and
biodiesel manufacturing. Through the acquisition and formation of certain
wholly owned subsidiaries, the Company deploys its PetroLuxus® product
lines to specialty markets through Oil Recovery Ventures, Inc., and other
market-specific subsidiaries.
For an audio/video demonstration of PetroLuxus® and information about its
safety, efficacy and specific application performance click on the link
http://www.planetresource.net/index-21.html.
For more information about the Company visit http://www.planetresource.net
or http://www.petroluxus.com.
Safe Harbor Statement
Certain statements in this release are "forward-looking" statements as
defined in the Private Securities Litigation Reform Act of 1995. Such
statements are subject to numerous risks and uncertainties. Actual results
may vary significantly from the results expressed or implied in such
statements. Factors that could cause actual results to materially differ
from forward-looking statements include, but are not limited to, the
Company's ability to meet the terms and conditions required to obtain
necessary financing, risks and delays associated with product development,
risk of market acceptance of new products, risk of technology or product
obsolescence, competitive risks, reliance on development partners, the
current and future economic climate, the ability to protect the Company's
trade secrets, trademarks, and other intellectual property, and the need
for additional capital.