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$2 Billion in Renewable Energy Exports for Green Energy Resources, Gets EU's 'Sustainable Procurement' Nod.


HUNTINGTON, N.Y. -- Green Energy Resources (otc pk:GRGR GRGR Girls Rock Girls Rule (music tour) ) is poised for a $2 billion dollar, 40 million ton, 10 year, 3 stage phase in deal in Europe. The contract begins in 2006 and escalates in volumes as 3 biomass power plants are constructed. The largest of the biomass power plants is a 250 megawatt plant that will consume 4 million tons annually. The third of three plants is currently scheduled to be completed in 2009. The contract is one of three deals completed on its recent European trip. Details of the other contracts will be disclosed over the next few weeks.

Green Energy Resources conforms to the European Unions environmental sourcing and procurement requirements, a major factor in global competition. Suppliers must disclose and prove its products are environmentally sound, and meet criteria established by the Sustainable Procurement Task Force. Green Energy Resources UTCS UTCS Urban Traffic Control System
UTCS Senior Chief Utilitiesman (Naval Rating)
UTCS Universal Train Control System
 (urban tree certification system) is 100% Kyoto compliant and environmentally certified wood biomass. Joseph Murray, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Green Energy Resources, stated "its UTCS program will have a major positive impact on how American cities and towns handle wood waste and storm damaged wood in the future. The contract firmly establishes a new market place for UTCS certified wood. Its an opportunity for United States communities and local governments to reduce greenhouse emissions, recycle, and participate in global carbon reduction." Green Energy Resources is expected to have its UTCS software ready for marketing before the end of 2005.

Green Energy Resources is expected to meet with its investment bankers to discuss underwriting details shortly. Bankers include Brock Capital Group, and Morrison & Kibbey, of New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
. Rivkin Radler of Uniondale NY, is Long Islands largest law firm, and will handle final contract details, always subject to ship procurement availability; GER GER German/Germany
GER Gastroesophageal Reflux
GER Geriatrics
GER General Education Requirement
GER Great Eastern Railway (UK)
GER Gross Enrollment Ratio (education)
GER Gain Electrons Reduction
 and its ship broker Compass Maritime of New Jersey, will meet with ship owners in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 in mid June.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 31, 2005
Words:395
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