WEST BERLIN, N.J., Sept. 28 /PRNewswire-FirstCall/ -- Mobilestream Oil and Global Resource jointly announce a meeting between the companies to be held on October 11, 2006, to discuss the acquisition by Global of all technologies owned by Mobilestream Oil. Mobilestream Oil, Inc., (OTC Pink Sheets: MSRM) owns a family of microwave technologies which not only allow for the complete recycling of an automobile tire (recovering all of the component parts for resale), but also permit the economic recovery of oil from sources such as shale, tar sands, oil resid and existing oil wells. As a result of Global's acquisition of all of the assets of Carbon Recovery Corporation on 9-22-2006, Global Resource Corporation (OTC:GBRC) (BULLETIN BOARD: GBRC) is the exclusive licensee of Mobilestream Oil's family of technologies. Both companies' management feel that under one corporate structure their shareholders could gain a much added value. Mobilestream Oil's President Frank Pringle also announced that he will be converting a large block of common stock, leaving Mobilestream Oil with approximately 88,500,000 shares of common stock outstanding. "I feel that our shareholders will benefit directly by my conversion of stock and any type of acquisition or merger plan by our two companies. This, of course, doesn't even take in to account that Mobilestream Oil is the single largest shareholder of Global Resource Corporation owning 37,500,000 shares of Global Recourse Corporation and the substantial license valuation given to us by an independent expert for our tire technology." The shares of Global Resource Corporation have a present bid price of $1.20 and have a value of $45,000,000. About Mobilestream: Mobilestream Oil, Inc. is an innovative oil and natural gas exploration company focused on using our proprietary technologies for reverse polymerization and pyrolysis of materials and to maximize the output of under- utilized and non-producing oil wells in order to squeeze out every last ounce of production. Increasing prices continue to make primary and less conventional methods for extracting oil more cost-effective, and while Mobilestream Oil is relatively small compared to some of the larger players in the industry, our size is our advantage as we feel we can more quickly and effectively capitalize on expeditious opportunities. Using these same proprietary technologies, Mobilestream has successfully broken down tires into the tires' component parts, capturing for resale virtually all of the raw materials used to manufacture the tires. Contact: Mobilestream Oil, Inc. Phone: (856)767-2450 Fax: (856)767-2490 This news release contains forward-looking statements regarding Mobilestream's business strategies and future plan of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company's risk and uncertainties include: intense price competition, economic, political and regulatory uncertainties, and the need to raise additional capital for growth and expansion. The forward-looking statements contained in this news release speak only as of the date hereof and Mobilestream disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Mobilestream's expectations or future events. DATASOURCE: Mobilestream Oil, Inc. CONTACT: Mobilestream Oil, Inc., +1-856-767-2450, or Fax, +1-856-767-2490, or Web site: http://www.mobilestreamoil.com/

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