SOURCE: Waste Recovery, Inc.

August 22, 2007 09:30 ET

Waste Recovery, Inc. Meets Personally With Merger Prospects Starting Today

SANTA ANA, CA--(Marketwire - August 22, 2007) - Waste Recovery, Inc. (PINKSHEETS: WRII) today announced that it will commence with personal meeting interviews with its prospective merger partners in the next step of identifying which company solidifies our quest for shareholder value.

During the interview period / process, sincere concern and attention for and to shareholder interests will be a paramount component of what we will be looking for in a potential CEO and future Board of Directors.

Mr. Jesse Rodriguez, elected interim Chairman and CEO, says, "I look forward to meeting with each of the prospective CEOs and their respective Boards. I feel that a clear merger partner can be identified in the very near future."

About Waste Recovery, Inc.

Waste Recovery, Inc. is a development stage corporation mandated by its shareholders to seek out business opportunities to acquire or merge with to create value for its shareholders.

For more information available to the public, contact the investor relations' dept. at 949-861-9620.

Forward-Looking Statements

This news release contains forward-looking statements made by Waste Recovery, Inc. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.

Contact Information

  • Company Contact:
    Jesse Rodriguez
    949-861-9620