Alliance Recovery Corporation and Mannington Mills Explore Opportunity to Produce Electricity Through Progressive Alternative Energy Technology.SALEM, N.J. & WILMINGTON, Del. -- Mannington Mills, Inc., and Alliance Recovery Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ARVY) are pleased to announce that they are exploring an opportunity to locate a technologically advanced alternative energy electrical generation facility on Mannington's property in New Jersey. If the agreement is completed, Mannington would purchase up to eleven Megawatts of electricity from Alliance, representing the majority of the Company's New Jersey site electrical demand. Alliance Recovery Corporation, located in Wilmington, Delaware Wilmington is the largest city in the state of Delaware and is located at the confluence of the Christina River and Brandywine Creek, near where the Christina flows into the Delaware River. , has developed a proprietary process system that converts rubber waste into fuel oil for electrical generation. Using "state of the art" pollution technologies, the Alliance system employs a sophisticated thermal chemical process to convert various forms of rubber waste - including waste or scrap tires - to usable fuel oil. The recovered oil is used to fuel reciprocating engines, driving alternators that then make electricity. Having operational, economic and environmental advantages, this unique process creates a sustainable source of electricity that would be used by Mannington's manufacturing and support operations; the excess of which would be sold into the local power grid. The Alliance system can contribute to the overall reduction of dependence on fossil fuels while removing tons of rubber and scrap tires from the waste stream each year. The use of this alternative energy at Mannington's manufacturing facility and corporate headquarters will underscore The underscore character (_) is often used to make file, field and variable names more readable when blank spaces are not allowed. For example, NOVEL_1A.DOC, FIRST_NAME and Start_Routine. (character) underscore - _, ASCII 95. the company's position as a leader in innovation in its industry. Mannington has been located and headquartered in Salem, NJ since its founding in 1915, and continues to explore solutions that will help continue its long history of environmental responsibility and business success. ABOUT MANNINGTON MILLS: One of the largest flooring companies in the U.S., Mannington Mills, Inc., based in Salem, NJ, is the only North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. company engaged in the manufacturing and marketing of residential and commercial resilient, laminate laminate, n a thin slice of porcelain or plastic fabricated in a dental lab, which is cemented to the front of the teeth to cover gaps, whiten stained teeth, or reshape chipped or broken teeth. , hardwood and porcelain tile Porcelain tiles are ceramic tiles with a water absorption rate of less than 0.5 percent that are used to cover floors and walls. They can either be unglazed or glazed. The hardness of the tile is rated from zero to five according to the Porcelain Enamel Institute scale. floors, as well as commercial carpet. Founded in 1915 by John Boston John Boston (d.1804), was a settler in Australia, who was known for plying his hand at a number of different trades including salt farming and brewing. In 1796, with the aid of an encyclopaedia, Boston found that he could make a form of beer from Maize. Campbell, the Company is privately held. After 93 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time Company continues to pursue its commitment to quality, customer satisfaction and the environment through innovative product design and marketing, state-of-the-art technology and industry-leading programs. For more information, visit www.Mannington.com ABOUT ALLIANCE RECOVERY CORPORATION: Alliance Recovery Corporation is an innovator in sustainable energy
Sustainable energy sources are energy sources which are not expected to be depleted in a timeframe relevant to the human race, and which systems. The company plans to construct 10 waste- to-energy facilities at several sites across the country over the next 5 years. These facilities will recover fuel oil as a result of thermal chemical processes that convert rubber waste to oil. This process will contribute to fossil fuel conservation efforts and ultimately help reduce the consumption of America's energy resources. These facilities can be located, constructed and operated to meet the specific needs of the community or industry and are operated in an environmentally responsible manner. For more information, visit www.AllianceRecoveryCorporation.com 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. STATEMENT: This press release contains statements that may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including the Alliance'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, 2007 that was filed with the SEC on April 15, 2008. Alliance Recovery Corporation's amended Q 2008 Report filed with the SEC on September 19, 2008. 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. |
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