SOURCE: JBI, Inc.

JBI, Inc.

February 26, 2014 10:37 ET

The Brewer Group Announces Strategic Partnership With JBI, Inc.

TBG and JBI Partner to Enhance Business Development and Global Expansion Efforts

MINNEAPOLIS, MN and NIAGARA FALLS, NY--(Marketwired - Feb 26, 2014) - The Brewer Group, Inc. ("TBG"), a global investment advisory firm, announced a new strategic partnership with JBI, Inc. (the "Company" or "JBI") (OTCQB: JBII), a clean energy company that recycles waste plastic into liquid fuels. TBG will provide tailored services to JBI in effort to enhance business development and global distribution for the Company, including providing access to numerous markets throughout the world.

JBI has the ability to change the way the world handles waste plastic and plastic recycling through their proprietary Plastic2Oil® technology, which can deliver economic and environmental benefits by replacing refined fuels and diverting waste plastic from landfills.

"I am thrilled to have the opportunity to help JBI advance their progress in the renewable energy space and we look forward to taking on the challenges presented by the abundance of plastic waste," said His Excellency Ambassador Jack Brewer, The Brewer Group CEO. "We expect JBI to be a centerpiece of our global sustainable energy initiatives. Prior to making the decision to invest in JBI, we engaged in extensive due diligence along with our global partners whose clients would benefit from the purchase of Plastic2Oil® machines."

By upholding its "global vision with a social impact" mission, The Brewer Group's established international network puts them in the unique position to help JBI continue to build their brand domestically and internationally as well as help facilitate strategic development opportunities in various global markets. The partnership will specifically focus on global expansion using TBG's exclusive network and established relationships with key international decision makers spanning government development agencies, financial institutions, private equity firms, corporations, NGO's and major distribution partners in numerous continents including throughout the Caribbean, Latin America, and in various regions of Africa as well as China.

"At JBI, our team is fully focused on making a sale of our flagship Plastic2Oil® processor within the coming months," said Richard Heddle, JBI's CEO. "We plan to expand our Board of Directors to include new members with substantial public company experience and we are searching for a CFO that will be able to meet our needs given our aggressive growth plans. Until a new CFO is hired, Nicholas Terranova will consult with the Company, and in order to ensure a proper transition to our new full time CFO, he will do so until our next quarterly filing is timely made. We are very excited to be working with The Brewer Group as we implement our global sales strategy."

About JBI, Inc.
JBI, Inc. is a clean energy company that recycles waste plastic into liquid fuels. JBI's proprietary Plastic2Oil® technology can deliver economic and environmental benefits by replacing refined fuels and diverting waste plastic from landfills. For further information, please visit www.plastic2oil.com.

About The Brewer Group
The Brewer Group, Inc. ("TBG") is a diversified global investment advisory firm focused on providing tailored services to its clients spanning numerous sectors including: Biotechnology; Sustainable Technology & Agriculture; Wearable Technology & Consumer Products; Hospitality; Education & Cultural Exchange; and Sports, Media & Entertainment. TBG relationships with key international decision makers spanning government development agencies, financial institutions, private equity firms, corporations, NGO's and numerous leaders in sports and entertainment place the firm in a unique position to execute a wide range of services. For further information, please visit www.thebrewergroup.com or follow them on Twitter.

Forward Looking Statements
This press release contains statements, which may constitute "forward looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, and members of its management as well as the assumptions on which such statements are based, including the expected timing of the Company's Form 10-K, execution of the proposed agreements described above and consummation of the transactions contemplated by such agreements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Such risks include, but are not limited to: (1) JBI has a history of net losses, and may not be profitable in the future; (2) JBI may not be able to obtain necessary licenses, rights and permits required to develop or operate our Plastic2Oil business, and may encounter environmental or occupational, safety and health conditions or requirements that would adversely affect its business; and (3) JBI may experience delays in the commercial operations of its Plastic2Oil machines and there is no assurance that they can be operated profitably. For a more detailed discussion of such risks and other factors, see the Company's Annual Report on Form 10-K, filed with the SEC on March 15, 2013 and its other SEC filings. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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