Company's environmentally friendly gasification process could potentially unlock oil hidden in U.S. natural resources, and is included among leading unconventional fuel production technologies WEST BERLIN, N.J., July 24 /PRNewswire-FirstCall/ -- Global Resource Corporation (OTC:GBRC.PK) (BULLETIN BOARD: GBRC.PK) today announced that a United States Department of Energy report that recognizes the company's unconventional fuel technology is now available for download via the U.S. DOE Web site, at http://fossil.energy.gov/programs/reserves/npr/Secure_Fuels_from_Domestic_ Resources_-_P.pdf The report, issued June 20th, includes a profile on Global Resource Corp. and its patent-pending gasification technology. The technology could one day unearth billions of barrels of energy from U.S. oil shale, tar sands, coal, and other deposits, resulting in a new cleaner, source of domestic energy. "Since the DOE released its report, interest in our technology has increased, and we've had the opportunity to showcase its capabilities to businesses leading the way in finding alternative energy solutions," says Frank Pringle, CEO of Global Resource Corporation. "We are honored to be counted among the leading petrochemical companies who are committed to solving the global energy crisis. This group identified by the DOE are Giants in the industry, and we are honored to be mentioned with them by the DOE. It appears that our technology has started to be recognized after many years of experimentations." Global Resource's technology gasifies hydrocarbons-the chemical foundation of oil and gas products-locked in oil shale, tar sands, and other natural resources. However, unlike other petroleum production processes, Global Resource's technology doesn't introduce oxygen, reducing carbon monoxide and carbon dioxide emissions. Rather, the process breaks down existing domestic energy sources and produces methane, diesel fuel, and heating oil in vast quantities in a closed-loop vacuum, eliminating harmful pollutants. DOE representatives have reviewed Global Resource's process in-person at the company's test facility in southern New Jersey. DOE experts witnessed tests performed in Global Resource's emissions-free laboratory unit, and analyzed tests preformed on various petrochemical byproducts. The technology applies high frequency microwaves to shale, tar sands, residual oil, coal, and other resources, to heat and gasify hydrocarbons. The closed-loop system condenses the gases, and creates fuel-grade gas and oil. A cutting-edge gas chromatograph analyzes the oil and gases to evaluate what fuels have been derived in the process. Global Resource's patent-pending technology has been proven in laboratory conditions, and the process is designed as a cost- and energy-efficient system. Representatives from major energy companies and emerging energy sectors have visited Global Resource on multiple occasions and have demonstrated faith in the viability of the technology. When commercialized and built on a larger scale, Global Resource's technology will potentially produce oil and multiple gases with minimal refining, energy input, emissions and cost. ABOUT Global Resource Corp. Global Resource Corp. has a patent pending process that allows for removal of oil and alternative petroleum products at very low cost from various resources, including shale deposits, tar sands, waste oil streams and bituminous coal with significantly greater yields and lower costs than are available utilizing existing known technologies. The process uses specific frequencies of microwave radiation to extract oils and alternative petroleum products from secondary raw materials, and is expected to dramatically reduce the cost for oil and gas recovery from a variety of unconventional hydrocarbon resources. GBRC's technology will not only be developed to extract oil from shale, but from depleted oil fields in the US and elsewhere, many of which still contain more than half of the hydrocarbons originally in these fields, because the residual hydrocarbons are too viscous to extract with conventional technology. This news release contains forward-looking statements regarding Global Resource Corp's business strategies and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties. The forward-looking statements contained in this news release speak only as of the date hereof and Global Resource disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Global Resource's expectations or future events. Company contact: Frank Pringle CEO Global Resource Corporation Bloomfield Business Park 408 Bloomfield Dr. Unit 3 West Berlin, NJ 08091 Main: 856-767-5661 Investor Contact: Jeff Andrews CFO Global Resource Corporation Bloomfield Business Park 408 Bloomfield Dr. Unit 3 West Berlin, NJ 08091 Main: 856-767-5661 Press contact: Matt McLoughlin Senior Account Executive Gregory FCA 27 West Athens Avenue Ardmore, Pa. 19003 Main: 610.642.8253, ext. 129 Mobile: 610.996.4264 PRESS RESOURCES Press contact(s): Matt McLoughlin. Press room: http://www.globalresourcecorp.com/Recent%20Press.html Web site: http://www.globalresourcecorp.com/ Google Finance: http://tinyurl.com/2dybye DATASOURCE: Global Resource Corporation CONTACT: Company, Frank Pringle, CEO, , or Investors, Jeff Andrews, CFO, , +1-856-767-5661, both of Global Resource Corporation, or Press, Matt McLoughlin, Senior Account Executive of Gregory FCA, +1-610-642-8253, ext. 129, mobile, +1-610-996-4264, , for Global Resource Corporation Web site: http://www.globalresourcecorp.com/Recent%20Press.html http://www.globalresourcecorp.com/ http://tinyurl.com/2dybye

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