Professor Michael Nobel Joins the Planet Resource Recovery Advisory Board
June 16 2009 - 7:00AM
Marketwired
Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY),
developer, manufacturer and marketer of the PetroLuxus(TM) family
of green technology products, announced today that Dr. Michael
Nobel has accepted the role of Chairman of the Planet Advisory
Board.
Planet Founder and CEO Kurt Neubauer stated, "Dr. Nobel is one
of the most sought after world thought leaders and humanitarians.
We are thrilled to have the leadership of a global-influencer with
the stature of Dr. Nobel. This signals the significance of the
science behind Planet and the PetroLuxus(TM) family of products to
our investors as well as to the industry sectors where we are doing
our greatest work. We expect that Dr. Nobel's relationship with
Planet will accelerate our pre-eminence in the core areas of
remediation and recovery of valuable natural resources throughout
the world."
"Dr. Nobel's new role with Planet will further his lifelong
commitment to breakthrough technologies and science that enhance
the environment through preservation, remediation and recovery --
core focus disciplines of the company," stated Mr. Neubauer.
About Dr. Michael Nobel:
Dr. Michael Nobel is a great grand nephew of Alfred Nobel,
founder of the Nobel Prizes. He currently directs the global
efforts of the Nobel Charitable Trust as Chairman. He obtained a
doctorate at the University of Lausanne in psycho pedagogy in 1979.
In the science field he worked for seven years as a researcher in
social sciences at the Institute for Mass Communication at the
Lausanne University and as a consultant to UNESCO in Paris and the
United Nation's Social Affairs Division in Geneva on methods for
substance abuse prevention. Commercially he participated in the
introduction of magnetic resonance imaging as vice president of
Europe for Fonar Corporation.
From 1991 to 2007 Dr. Nobel served as the Executive Chairman of
the MRAB Group, a company providing diagnostic imaging services.
From 1995 to 2006 Dr. Nobel was Chairman of the Board of the Nobel
Family Society and the American Non-Violence Project Inc. Today Dr.
Nobel is chairman or board member of ten international companies in
medical diagnostics, treatment and information systems; other areas
included IT, oil exploration and environmental management. He is
also chairman of several not-for-profit societies and foundations.
His academic position is visiting professor at the Frontier
Research Center at the Tokyo Institute of Technology and guest
professor at the State University of Baku.
As Chairman of the Nobel Charitable Trust Foundation, Dr. Nobel
recognizes the incredible advances that have occurred in science
and technology since the Nobel Prize charter was established in
1901. The Nobel Charitable Trust Foundation was created in part, to
award a prize for outstanding Alternative Energy Technology. Dr.
Michael Nobel sits on several prominent international prize
committees and he has received numerous international citations and
awards for his work in the fields of medicine and conflict
resolution including an honorary doctorate from Soka University and
an honorary professorship from the National Academy of Science of
Azerbaijan. He is a member of the Academy of Natural Sciences in
Russia.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc (the "Company" or "Planet") has
developed a proprietary platform of products based on a core
technology known as PetroLuxus(TM). The Company manufactures and
markets the PetroLuxus(TM) platform of products, which represent a
disruptive technology for use in the specialty and petrochemical
industries. The products are comprised of a series of compounds
with a wide array of applications, all of which benefit from its
unique ability to dislodge hydrocarbons from organic and inorganic
materials. The Company's Phase I revenue approach is comprised of
three distinct business units: i) Environmental Remediation ("ER"),
ii) Enhanced Oil Recovery ("EOR") and iii) Strategic Business
Combinations.
The PetroLuxus(TM) platform of products is a "Green Technology."
It is a non-toxic, non-flammable and environmentally friendly
method of separating hydrocarbons from both man-made and naturally
occurring materials. The Company believes that PetroLuxus(TM) truly
is a Disruptive Technology. The Company believes that it will
disrupt currently accepted best practices in remediation and change
the way hydrocarbons and metals are managed and harvested
throughout the world. Founded in 2005, the Planet corporate offices
are located in Houston, Texas.
For more information visit: www.planetresource.com or
www.petroluxus.com.
Safe Harbor Statement
Certain statements in this release are "forward-looking"
statements as defined in the Private Securities Litigation Reform
Act of 1995. Such statements are subject to numerous risks and
uncertainties. Actual results may vary significantly from the
results expressed or implied in such statements. Factors that could
cause actual results to materially differ from forward-looking
statements include, but are not limited to, the Company's ability
to meet the terms and conditions required to obtain its project
financing, risks and delays associated with product development,
risk of market acceptance of new products, risk of technology or
product obsolescence, competitive risks, reliance on development
partners and the need for additional capital. Planet takes no
obligation to update or correct forward-looking statements, and
also takes no obligation to update or correct information prepared
by third parties that are not paid for by Planet.
Public Relations Contact: Ms. Carol Ackerman 480-684-6800 Email
Contact Marketing & Media Contact: Mr. Rod Mitchell
281-350-5506 Email Contact
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