SOURCE: Planet Resource Recovery, Inc.

January 24, 2012 11:22 ET

Planet Resource Recovery, Inc. Signs Stocking Distributor to Market PetroLuxus Products

HOUSTON, TX--(Marketwire - Jan 24, 2012) - Planet Resource Recovery, Inc. (PINKSHEETS: PRRY) is pleased to announce the Company has executed a Stocking Distributor Agreement with Timberline Assets, Ltd. of Colorado to market and sell PetroLuxus™ Technology Platform products.

Recently formed, Timberline Assets, Ltd. was established to market and sell PetroLuxus™ Technology Platform products into the Oil & Gas Industry, Water and Environmental Industries. Timberline has been conducting field tests on new products developed from the PetroLuxus™ Technology platform in various industries and applications.

About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of PetroLuxus™, a Green Technology that maximizes hydrocarbon recovery in the Oil & Gas industry. Documented well history case studies indicate deployment of PetroLuxus technologies has helped Oil & Gas Operators reduce maintenance costs and decrease downtime and increase oil recovery. 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, 2010. 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.
    281-213-5266
    Email Contact