Planet Resource Recovery, Inc.'s Wholly-Owned Subsidiary Inspar Robotic Technologies Inc. Expecting Over 2 Million Dollars USD (
July 20 2010 - 9:45AM
Marketwired
Planet Resource Recovery, Inc. (PINKSHEETS: PRRY) is pleased to
announce they are expecting revenue of over 2 million dollars USD
($2,000,000) over the next 90 to 120 days from its wholly-owned
subsidiary Inspar Robotic Technologies Inc. and its new
revolutionary robotic lining system for Structural Enhancement.
Kent Weisenberg, the CEO of Inspar and the original designer and
engineer of the robotics, said, "This is just the start of our
revenue stream. Inspar is currently in negotiations with large
contractors that are working in New York, Washington, Texas, Puerto
Rico, Korea, India and Australia. I will update the investors and
our shareholders as soon as we can as we have NDA's in place, and
are currently limited as to what we can say about the different
projects."
About Inspar Robotic Technologies Inc., 42 patents and
counting...
Inspar Robotic Technologies Inc. engineering acumen and
technical expertise drives the company to continually adapt our
technologies to ever-changing customer and project requirements.
This includes providing custom-engineered solutions to a wide array
of global industries and market segments. Inspar's highly efficient
and sophisticated robotic systems have proven extremely effective
in such diverse applications as nuclear, coal-fired, and gas-fired
power plants; chemical and petroleum processing facilities; mining
sites, fossil fuel transmission lines and facilities; and public
entities working on local, state, federal and international levels.
The company is committed to making environmental and safety
concerns an essential element of every project. The use of our
robotic systems and applications virtually eliminate any
requirement for personnel to work in potentially hazardous and
confined spaces. Moreover, our systems facilitate the application
of the industry's most advanced pipeline remediation technologies
and exceptional products utilizing renewable resources and 'green'
technologies. These innovations, combined with Inspar's engineering
expertise and a capable crew of highly skilled alliance partners
means that your project is successfully completed according to
specifications: within an environment where the prevention of both
environmental hazards and the safety of your employees are
paramount. The Inspar's Technical Team, are named inventors on 42
U.S. and foreign patents, is dedicated to bringing value,
innovation and inspiration to your organization.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is "Spearheading the Charge for
the Maximum Economic Recovery of our Planet's Resources through
New-Age Products and Technologies!" Technologies developed for and
markets, is the processes and technologies based on scientific
research and understanding of silicon and siloxane sciences to
enhance the recovery of the planet's resources including metals,
minerals and hydrocarbons and to provide enhanced coatings
resistant to metal corrosion. The thrust is to create new
methodologies to optimize Oil & Gas production, maximize the
harvesting of base and precious metals, the remediation of toxic
heavy metal environmental contamination and the reduction or
elimination of corrosion of metal through the use of proprietary
with breakthrough technologies utilizing advanced science and
chemistry to increase efficiencies, reduce costs, protect the
environment and resources. The development of new chemical
compounds and related processes to maximize efficiencies in the Oil
& Gas Industry, Mining Industry, Environmental Cleanup Industry
and Corrosion Industry through environmentally-friendly,
cost-effective and profitable platforms that are considered
"disruptive technology" and will usher in new paradigm shifts in
industry. Presently, the company is primarily focused on four
distinct markets: 1) Oil & Gas Industry, 2) Remediation of
industry toxic metals & byproducts, 3) Mining of base and
precious metals and 4) Metal Corrosion Industry. The company has
developed the proprietary compounds and is currently developing
their related processes that will result in new technologies and
methodologies for industry. For more information visit:
www.planetresource.net.
"Safe Harbor Statement"
Under The Private Securities Litigation Reform Act of 1995: The
statements in this presentation that relate to the Company's
expectations with regard to the future impact on the Company's
results from new products in development are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The results anticipated by any or all of these
forward-looking statements may not occur. Additional risks and
uncertainties are set forth in the Company's Annual Report for the
year ended December. 31, 2009, the Company's Quarterly Report for
the First quarter ended March 31, 2010. The Company undertakes no
obligation to publicly release the result of any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof, or to reflect the occurrence
of unanticipated events or changes in the Company's plans or
expectations.
Contact: Planet Resource Recovery, Inc. Investor Relations:
Jillian Young 1-877-878-5333 Email Contact
Planet Resource Recovery (PK) (USOTC:PRRY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Planet Resource Recovery (PK) (USOTC:PRRY)
Historical Stock Chart
From Jul 2023 to Jul 2024