PRRY Planet Resource Recovery Inc (PK)

Planet Resource Recovery, Inc. (Pink Sheets:PRRY) is pleased to announce the continued treatment of additional wells and the maintained oil production of pilot wells treated in February through September 2008. Production rates posted with the Texas Railroad Commission website continue to show increased production is being sustained after only one treatment with PetroLuxus�. The Company continues to treat new wells while it monitors outputs of the original wells treated and their significant increases of oil production in the Austin Chalk formation. This update demonstrates the continuing longevity and effectiveness of PetroLuxus�. 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 products. The company's wells are situated in the Austin Chalk formation in Texas. The selected primary pilot oil well 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 of oil per month to less than 85 barrels of oil per month. After the PetroLuxus� treatments were performed in the Spring of 2008 increased oil production was 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 selected PetroLuxus� treated wells for February through July 2008 has been significantly improved. Since treatment, not only has oil production been revitalized but improved equipment efficiency has been realized, allowing for less down time due to equipment failure. About Planet Resource Recovery, Inc. Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the PetroLuxus� family of products, a proprietary environmentally friendly chemical compound that dislodges oil in practically all natural and man-made environments. The PetroLuxus� family of products are effective and efficient solutions for the remediation and recovery of petroleum-based products. PetroLuxus� 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. Oil Recovery Ventures, Inc. deploys PetroLuxus� through joint ventures in the Enhanced Oil Recovery market. For an audio/visual demonstration of PetroLuxus�, 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.