PRRY Planet Resource Recovery Inc (PK)

Planet Resource Recovery, Inc. (Pink Sheets:PRRY), is pleased to announce a significant increase of oil production of an isolated well in the Austin Chalk formation. This oil well treatment marks the first accurate daily measurement of the effectiveness of PetroLuxus� MMMF Planet Resource Recovery, Inc. commenced working with an AMEX listed oil production company in January 2008, with the goal to treat a series of wells to increase oil production with its down hole treatment product - PetroLuxus� MMMF. The company�s wells are in the Austin Chalk formation in Texas. The selected primary oil well treatment had dramatically declined in production since being brought back online in September of 2007. This well�s oil production had slipped in production from over 750 barrels oil per month to less than 85 barrels of oil per month. The first PetroLuxus� MMMF treatment was performed in February 2008. Improved results were realized within two weeks, which was extremely encouraging as porosity in the Austin Chalk is some of the lowest in any formation. Oil production at the primary treated well for February and March 2008 has been significantly improved with over 285 and 287 barrels, respectfully, of oil for each month, and through April 21, 2008 the well has continued to average about ten barrels of oil per day. Since the PetroLuxus� MMMF treatment, oil production has been revitalized and improved equipment efficiency has been realized, allowing for less down time due to equipment failure. Planet Resource Recovery, Inc. continues to work with Oil and Gas companies in the area and will continue to monitor PetroLuxus� MMMF�s effectiveness in the field to validate the product�s efficacy for Oil and Gas production. About Planet Resource Recovery, Inc. Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the PetroLuxus(TM) family of products, a proprietary environmentally friendly chemical compound that dislodges oil in practically all natural and man-made environments. The PetroLuxus(TM) family of products are effective and efficient solutions 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(TM) products. 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 http://www.planetresource.net/index-21.html. For more information visit: http://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.