Business Services Industry

Planet Resource Recovery, Inc.'s Wholly-Owned Subsidiary RADA Technologies, Inc. Receives Work Service Order from Chevron Global Aviation

Business Wire, Sept 19, 2007

HOUSTON -- Planet Resource Recovery, Inc. (Pink Sheets:PRRY), developer, manufacturer and marketer of the PetroLuxus(TM) family of products, announced today that its wholly-owned subsidiary, RADA Technologies, Inc., has received a work service order from Chevron Global Aviation to perform work at their Sugarland, Texas airport facility. The work service order's estimated value of work is $155,000.00.

Chevron Global Aviation owns and operates the fuel facilities at the Sugarland, Texas airport. RADA Technologies, Inc. will provide a complete turnkey solution for the removal and replacement of a 30,000 gallon jet fuel storage tank at the airport. RADA Technologies, Inc. was selected for this project as it is one of the only companies in the area that can complete the job in accordance to Chevron Standards and Practices. The work is scheduled for completion by November 30, 2007.

RADA Technologies, Inc. is an engineering and design company that provides operational- and equipment-based turnkey solutions to clients in the oil & gas sector. Since 2004, RADA Technologies, Inc. has provided engineering and consulting services, inventory management and custody transfer systems for liquid bulk storage facilities. The company services major oil & gas companies, commercial & general aviation facilities, US Department of Defense, US Department of Energy, and National Aeronautics and Space Administration (NASA) Johnson Space Center - Houston, Texas. For more information visit - http://www.radatechnologies.com/

About Planet Resource Recovery, Inc.

Planet Resource Recovery, Inc. is a holding company spearheaded by its Petrochemical manufacturing unit that has developed PetroLuxus(TM), a proprietary environmentally-friendly chemical compound that dislodges oil in practically all natural and man-made environments. The PetroLuxus(TM) family of products is an effective and efficient solution for the remediation and recovery of petroleum-based products. PetroLuxus(TM) applications include Enhanced Oil Recovery, Oil Sands, oil spills, oil tank farm cleaning, marine ship cleaning, remediation of oil sludge pits, treatment of raw fuel feedstocks, waste oil segregation and biodiesel, to name a few.

Through the acquisition and formation of wholly-owned subsidiaries, Planet Resource Recovery, Inc. deploys the PetroLuxus products. RADA Technologies, Inc. engineers new mechanical processing equipment proprietary to PetroLuxus products while simultaneously providing fuel inventory management services reducing loss to increase gain for its customers. Oil Recovery Ventures, Inc. deploys PetroLuxus(TM) through joint ventures in the Enhanced Oil Recovery market.

For an audio/visual demonstration of PetroLuxus(TM), click on the link below.

http://www.planetresource.net/test76u31b.htm

For more information please visit www.planetresource.net or http://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.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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