Business News

Feb 26
Global Resource Corp. Wins Achievement Award For "Clean Tire" Technology By Betsy Kraat

WEST BERLIN, NJ-- Global Resource Corp., a developer of a patent-pending microwave technology and machinery for extracting oil and gas, has been awarded the environmental achievement of the year award by Tire Technology International, the world's leading international publication for tire design, tire materials and tire manufacturing technology.

The award was made in recognition of Global Resource Corp.'s patent-pending microwave process that can dispose of old tires and at the same time reclaim oil and other petroleum products, which then can be used to produce energy.

The award was announced at the Tire Technology Expo held for tire industry executives in Cologne, Germany. A panel of 15 experts from international companies, universities and major automotive companies chose the winners.

In addition, Popular Science Magazine selected Chairman Frank Pringle as a "Green Tech Innovator" and Global Resource Corp.'s microwave technology as one of its "Best of What's New '07."

Global Resource Corp.
www.globalresourcecorp.com

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