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Newsroom - Clients - GRGR
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
Green Energy Resources Inc
Green Energy Resources Demos Revolutionary UTCS Software For GRGR Institutional Shareholders And Introduces New CFO Today
NEW YORK, NEW YORK--(MARKET WIRE)--Aug 8, 2006 -- Green Energy Resources (Other OTC:GRGR.PK - News) showcases its UTCS software and introduces the new CFO, Joseph Mcgowan to company shareholders in New York today.The UTCS software package will include a commodities index and exchange trade board for buying, and selling of certified woods for the renewable energy industry.The trade board will generate new revenue streams for the company through registration fees,membership subscriptions and advertising revenues beginning 4th qtr 2006.The exchange index establishes a commercial market forum for certified wood , or wood biomass to become certified by UTCS. The data creates the largest pool of wood biomass. In the world and opens the way for woodchips to be a primary alternative fuels ingredient rather than corn. The UTCS data system will generate volumes to rival major agricultural corn producers.
Green Industry firsts
UTCS(urban tree certification system) software features a structure for carbon emission reductions (CERs) and tradeable credits for municipalities. The package is designed to allow future international trades of carbon credits through the European Trading Scheme(ETS) and through the World Banks' Clean Development Mechanism (CDM) Green energy Resources plans to meet with the CDM Executive Board on 9th and 10 of October.UTCS is designed to prevent pollution and reduce use of natural resources by recycling wood waste destined for local landfills. UTCS develops a national tree inventory data bank .The software also efficiently tracks the disposal, location and storage of wood biomass for the nations energy supply into a tradeable commodity with chain of custody documentaion. Green Energy Resources will own the data and thus insure its ability to supply long term contracts and retain its competitive market share.
In other company news, Green Energy Resources is planning its first shareholders meeting for this fall. The company willl demonstrate the new UTCS software to shareholders, invite the media to attend and visit a local port to see and view a planned export shipment of woodchips.
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Green Energy Resources
Joseph Murray
(631) 375-7921
joe.murray@greenenergyresources.com
http://www.greenenergyresources.com
Worldwide Financial Marketing, Inc. USA
Investor Relations
Int'l: 1 (954) 360-9998
Info@wwfinancial.com
http://www.wwfinancial.com
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About Green Energy Resources, Inc.
Green Energy Resources, Inc. is dedicated to becoming a leading
supplier of reliable, low cost, high quality wood fiber fuels (biomass).
Biomass, which is essentially organic matter that can be converted to
energy, is the fourth leading source of energy in the United States
(behind oil, natural gas and coal), and is currently providing about 2
percent of all energy used in this country. This is expected to grow to
over 10% by the end of this decade.
To link to this corporate profile in our members area click here (You must be a registered member to see profile).
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