Major Project to Produce Gas, Oil, Steel and Carbon Black from Shredded Tires in the Company's Emission-Free Process WEST BERLIN, N.J., Nov. 8 /PRNewswire-FirstCall/ -- Global Resource Corp. (Pink Sheets: GBRC.PK), a developer of a patent-pending microwave technology and machinery for extracting oil and gas, announced today that it has received a purchase order from ECO Energy to draft site specifications for a tire recycling plant, based in Mobile, AZ, that will use the company's revolutionary microwave machinery to recover fuel and other products from the tires. Placentia, Ca.-based ECO Energy said the plant will convert 300 tons of tires per day into gas, oil, steel and carbon black. The company reported that the tires are being supplied under agreements from the States of California, Arizona and New Mexico. Furthermore, it already has agreements to purchase the fuel and other products, which are reusable, of commercial value and in demand by industry. ECO Energy is a joint venture of Placentia, CA- based Huntington Renewable Energy and Maricopa, AZ-based Envirotech Industries International. Global Chairman Frank Pringle explained that the order is the initial phase of this project, which will be the company's largest project so far, incorporating two, or possibly three, of the company's Hawk-10 machines, which sell for about $5 million each. "By recycling tires to produce marketable energy and other by-products, this plant will show the world that Global Resource's technology is both cost- effective and environmentally friendly. Not only will the plant rid these states of toxic old tires in an emissions-free process, but it will generate the fuel to run the plant and produce a profit as well from the sale of the fuel and other byproducts," said Pringle. "Our technology," added Pringle, "has the capability of eventually making the United States energy independent." Time Magazine this week named the company's microwave technology as one of the "Best Inventions of the Year." In its annual round up of "Best Inventions of the Year," Time selected 46 inventions in 12 categories, from Cars & Buses to Health. Global Resource's microwave technology is listed in the environment category. Pringle also noted that in a report made in June that was released July 17, the U.S. Department of Energy profiled Global Resource and its microwave technology for oil shale recovery as a resource for making the U.S. energy independent. Being selected as one of only twenty-seven companies, some of them in the Fortune 100, further validates Global Resource's capabilities for energy recovery. About Global Resource Corp. Global Resource Corp., (OTC:GBRC.PK), is a developer of a patent-pending microwave technology and machinery that extracts oil and petroleum products from shale deposits, tar sands, capped oil wells, bituminous coal and processed materials such as tires and plastics as well as dredged soil from harbors and river bottoms. Its process produces significantly greater yields and lower costs than are available using existing technologies. Because the process takes place in an enclosed environment it is emission-free and an efficient and cost-effective tool for cleaning environmental wastes and toxic materials. For more information see: http://www.globalresourcecorp.com/ Forward-Looking Statements 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. PR/Media Relations Contact: Richard Stern Stern & Co. Tel: 212-888-0044 Jeff Andrews CFO Global Resource Corporation Bloomfield Business Park 408 Bloomfield Dr. Unit 3 West Berlin , NJ 08091 Main: 856-767-5661 Investors, Arun Chakraborty, Stern & Co. 212 888 0044 DATASOURCE: Global Resource Corp. CONTACT: PR-Media Relations: Richard Stern of Stern & Co., +1-212-888-0044, , for Global Resource Corp.; or Jeff Andrews, CFO of Global Resource Corporation, +1-856-767-5661, ; Investors: Arun Chakraborty of Stern & Co., +1-212-888-0044, , for Global Resource Corp. Web site: http://www.globalresourcecorp.com/

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