Alliance Recovery Corporation Completes Selection of Project Management, Engineering, Fabrication and Installation Team
April 04 2007 - 6:18PM
Business Wire
Alliance Recovery Corporation (�Alliance�) (OTCBB:ARVY) announced
today that a major milestone has been reached in connection with
their planned construction of a �waste-to-energy� showcase
installation. This achievement is the result of the completion of
screening and selection of an experienced and knowledgeable team of
engineers, scientists and fabricators that will construct the
�waste-to-energy� showcase facility. Having now completed this
process, the Company is well positioned to proceed with specific
project development activities pertaining to the �waste-to-energy�
showcase installation immediately following the close of the
project funding. Resource International Ltd. (�Resource�) located
in Ashland, Virginia, will provide the overall project management
for the complete development and construction of the initial
�waste-to-energy� showcase installation. Resource�s engineers and
scientists have been serving the government and private sector
since 1979, throughout the continental United States, Mexico and
the Caribbean. Michael E. Fiore, P.E., President of Resource
International Ltd. will head up the Project Management effort. In
addition to Resource�s engineers and scientists, the engineering
team will also include Earl H. Sigman, P.E., of Sigman Engineering
Services located in Charlotte, North Carolina. From 1986 to 1994 at
Joy Energy Systems located in Charlotte, North Carolina, Earl
Sigman was the Chief Design Engineer responsible for mechanical and
structural design of thermal process systems. Since 1995, Sigman
Engineering Services (�Sigman�) has provided process and structural
design and engineering services for a diverse range of thermal
processes and continues to provide operator-training programs to
meet state and federal regulatory standards. Sigman�s engineers and
process control specialists will be involved in all aspects of the
design and fabrication drawings, equipment procurement, and
installation of the Alliance �waste-to-energy� system and also will
be responsible for operator training. C&H Fabrication Services
(�C&H�) located in Catawba, South Carolina will augment the
engineering team with their 30 years of experience manufacturing
waste management, material handling and thermal processing systems.
Their specific capabilities include material selection,
manufacturing and assembly, refractory, hydraulics, pneumatics,
electrical, installation, and performance testing. Douglas S.
Rishel will represent C&H. About Alliance Recovery Corporation
We are a developmental stage company that plans to construct a
showcase �waste-to-energy� facility at one of several sites
currently being investigated by ourselves and our engineering team.
Our waste to energy facility will recover a fuel oil as a result of
a thermal chemical process that converts rubber waste including
used or scrap tires, to oil. Subsequently, the recovered oil is
used to fuel large reciprocating engines driving alternators making
electricity. Recovering a fuel oil from rubber waste will
contribute to fossil fuel conservation efforts and ultimately help
reduce the consumption of America�s energy resources. In addition
to the sale of electricity generated from the recovered fuel oil,
several additional valuable bi-products produced in the thermal
chemical conversion process will also be sold into either domestic
or international markets. Our processing facilities can be located,
constructed and operated to meet the specific needs of the
community and operated in an environmentally friendly manner. For
more information on our company, please visit the website at
www.AllianceRecoveryCorporation.com Safe Harbor Statement This
press release contains statements that may constitute
forward-looking statements, including the company's ability to
implement its business plan and the future strength of the
company's business and industry. These statements are based on
current expectations and assumptions and involve a number of
uncertainties and risks that could cause actual results to differ
materially from those currently expected. For additional
information about Alliance Recovery Corporation's future business
and financial results, refer to Alliance Recovery Corporation's
Annual Report on Form 10-KSB for the year ended December 31, 2006,
which was filed with the SEC on April 2, 2007, Alliance Recovery
Corporation's Q3 2006 Report filed with the SEC on November 13,
2006. Alliance Recovery Corporation undertakes no obligation to
update any forward-looking statement that may be made from time to
time by or on behalf of the company, whether as a result of new
information, future events or otherwise.
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