Planet Resource Recovery, Inc. Prepares for Patent Application of New Technology
November 30 2009 - 9:07AM
Marketwired
Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY),
developer, manufacturer and marketer of PetroLuxus(TM) and other
"Green" technologies for the remediation and recovery of the
planet's resources, is pleased to announce that the company has
conducted preliminary patent research on its new technology for the
remediation of cadmium, mercury, lead and zinc laced waters. The
company has determined that the new technology qualifies for
intellectual property rights protection under patent and will
complete application and submittal for patent and copyright
protection.
Last week the company successfully treated and remediated
cadmium laced water. The successful treatment validated the proof
of concept of precipitating targeted metals from contaminated
waters. This new technology is postulated to render the same effect
on mercury, lead and zinc contaminated waters. This new technology
comprised of proprietary chemical compounds, processes and process
control software will be a complete solution to the industry for
the remediation of contaminated waters.
At present, the company intends on filing for intellectual
property protection for the reactor process and process controls.
Additionally the software to manage the process monitoring controls
will be copyrighted. The company will keep the chemical compounds
that are catalysts in the process as proprietary property.
Since inception the company has maintained its chemical
compounds as proprietary formulas. This application for
intellectual property rights protection represents a major
milestone for the company as it will be the first technology
patented and protected.
About Planet Resource Recovery, Inc.
Houston, Texas-based Planet Resource Recovery, Inc. is the
developer, manufacturer, and marketer of unique, environmentally
friendly proprietary chemical compounds and processes that will
usher in a new paradigm shift in industry. The company is primarily
focused on three distinct sectors: 1) Oil & Gas Industry with
PetroLuxus(TM), 2) Remediation of mining toxic byproducts and 3)
mining of base and precious metals. The company has developed
multi-dimensional compounds and their related processes,
technologies and methodologies to provide these sectors enhanced
benefits and revenue opportunities. 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.
Company Contact: Enrique M. Salinas III 281-996-5315 ext. 3006
Email Contact Media Contact: Rod Mitchell 281-350-5506 Email
Contact
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