Planet Resource Recovery, Inc. Retains PiedmontIR, LLC to Provide Investor Awareness and Financial Communications Program
May 17 2007 - 8:52AM
Business Wire
Planet Resource Recovery, Inc. (Pink Sheets:PRRY), developer,
manufacturer and marketer of PetroLuxus�, announced today that the
company has retained PiedmontIR, LLC to provide an investor
relations and financial communications program designed to increase
Planet Resource Recovery�s visibility to the investment community.
PiedmontIR, LLC, a full service financial communications and
investor relations firm, provides strategic advisory services to
emerging small cap and mid cap public companies by specifically
designing programs suited to each individual client�s needs and
requirements. PiedmontIR has designed an active and well-organized
stock marketing program for Planet Resource Recovery, Inc.
PiedmontIR, LLC will help the company increase its visibility in
the equity markets, improve trading volume, provide greater access
to capital markets and enhance the credibility of the company�s
business model. �After visiting Planet Resource Recovery�s
facilities in Texas, visiting with management and viewing
PetroLuxus� in action, we are impressed. We are very eager to
launch the investor awareness program,� stated R. Keith Fetter,
President of PiedmontIR. He continued, �The product�s potential in
the Oil & Gas market is substantial. With today�s price of oil
and PetroLuxus� effect on oil, this is the type of company
investors look for.� Kurt Neubauer, President & CEO of Planet
Resource Recovery stated, �After considerable due diligence of
numerous candidates, PiedmontIR stood out. They have an impressive
track record in bringing investor visibility to client companies.
PiedmontIR will be a crucial team player for Planet Resource
Recovery, while we continue to execute our business strategies.�
About PiedmontIR, LLC PiedmontIR, LLC is a leading independent
investor relations firm. Founded with over 30 years of experience
by successful Wall Street professionals, the firm provides public
companies with active and well-organized stock marketing programs
to help them attain key business goals -- such as enhancing their
visibility before the equity markets, positioning complex financial
transactions and coping with critical corporate issues. About
Planet Resource Recovery, Inc. Planet Resource Recovery, Inc. is an
innovative PetroChemical/Oil Services company that has developed a
proprietary, environmentally-friendly chemical that dislodges
hydrocarbons in practically all natural and man-made environments.
The company�s flagship product, PetroLuxus�, and its derivative
product lines have a strong affinity and rapid dispersement
qualities to break hydrocarbon chains on a molecular level for
cost-effective remediation and recovery of petroleum products. The
company�s prospective markets for remediation and recovery include:
oil tank farm cleaning, marine ship cleaning, oil sludge pits,
contaminated soil/oil spills, biodiesel, waste oil segregation,
heavy oil, tar sands, and Enhanced Oil Recovery, to name a few.
Planet Resource Recovery�s pilot manufacturing plant is fully
operational with PetroLuxus� ready for commercialization. For an
audio/visual demonstration of PetroLuxus�, click on the link below.
http://www.planetresource.net/test76u31b.htm. For more information
please visit www.planetresource.net. "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.
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