Alliance Recovery Corporation (�Alliance�) (OTCBB:ARVY) announced today that a major milestone has been reached in connection with their planned construction of a �waste-to-energy� showcase installation. This achievement is the result of the completion of screening and selection of an experienced and knowledgeable team of engineers, scientists and fabricators that will construct the �waste-to-energy� showcase facility. Having now completed this process, the Company is well positioned to proceed with specific project development activities pertaining to the �waste-to-energy� showcase installation immediately following the close of the project funding. Resource International Ltd. (�Resource�) located in Ashland, Virginia, will provide the overall project management for the complete development and construction of the initial �waste-to-energy� showcase installation. Resource�s engineers and scientists have been serving the government and private sector since 1979, throughout the continental United States, Mexico and the Caribbean. Michael E. Fiore, P.E., President of Resource International Ltd. will head up the Project Management effort. In addition to Resource�s engineers and scientists, the engineering team will also include Earl H. Sigman, P.E., of Sigman Engineering Services located in Charlotte, North Carolina. From 1986 to 1994 at Joy Energy Systems located in Charlotte, North Carolina, Earl Sigman was the Chief Design Engineer responsible for mechanical and structural design of thermal process systems. Since 1995, Sigman Engineering Services (�Sigman�) has provided process and structural design and engineering services for a diverse range of thermal processes and continues to provide operator-training programs to meet state and federal regulatory standards. Sigman�s engineers and process control specialists will be involved in all aspects of the design and fabrication drawings, equipment procurement, and installation of the Alliance �waste-to-energy� system and also will be responsible for operator training. C&H Fabrication Services (�C&H�) located in Catawba, South Carolina will augment the engineering team with their 30 years of experience manufacturing waste management, material handling and thermal processing systems. Their specific capabilities include material selection, manufacturing and assembly, refractory, hydraulics, pneumatics, electrical, installation, and performance testing. Douglas S. Rishel will represent C&H. About Alliance Recovery Corporation We are a developmental stage company that plans to construct a showcase �waste-to-energy� facility at one of several sites currently being investigated by ourselves and our engineering team. Our waste to energy facility will recover a fuel oil as a result of a thermal chemical process that converts rubber waste including used or scrap tires, to oil. Subsequently, the recovered oil is used to fuel large reciprocating engines driving alternators making electricity. Recovering a fuel oil from rubber waste will contribute to fossil fuel conservation efforts and ultimately help reduce the consumption of America�s energy resources. In addition to the sale of electricity generated from the recovered fuel oil, several additional valuable bi-products produced in the thermal chemical conversion process will also be sold into either domestic or international markets. Our processing facilities can be located, constructed and operated to meet the specific needs of the community and operated in an environmentally friendly manner. For more information on our company, please visit the website at www.AllianceRecoveryCorporation.com Safe Harbor Statement This press release contains statements that may constitute forward-looking statements, including the company's ability to implement its business plan and the future strength of the company's business and industry. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Alliance Recovery Corporation's future business and financial results, refer to Alliance Recovery Corporation's Annual Report on Form 10-KSB for the year ended December 31, 2006, which was filed with the SEC on April 2, 2007, Alliance Recovery Corporation's Q3 2006 Report filed with the SEC on November 13, 2006. Alliance Recovery Corporation undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.
Alliance Recovery (PK) (USOTC:ARVY)
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