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Wall St. Discovers Breakthrough Company in Green Energy Resources; 'GRGR' Set to Supply UK.

HUNTINGTON, N.Y. -- Green Energy Resources (OTC.PK:GRGR) confirms it will speak, and host a luncheon at the Wall St. Renewable Energy Finance Forum at the Waldorf Astoria in New York in June. The conference will be attended by the biggest names in the electric power industry and Wall Street investment community. Attendees include New York's Governor Pataki, American Electric Service (AES), California Energy Commission, Evolution Markets, Shell International, Panda Investments, Fieldstone Private Capital, Riverside Holdings, Royal Bank of Scotland, and John Hancock Financial services, among nearly 100 others. Green Energy Resources CEO, Joseph Murray, will be speaking with an esteemed list of America's most established renewable energy leaders.

Green Energy Resources has unlimited growth potential in 5 divisions; exports of 100% Kyoto compliant biomass, a US biomass energy market, Eco-Green Coal, an environmental certification, consulting and software section (UTCS), and its new international franchise and licensing option. Green Energy Resources will be meeting with several potential franchisees From Spain, India, west Africa and China.

Wood biomass has potential application in over 60% of global power markets, and is the 4th largest energy source after gas, coal and oil. Other renewable energy's, have a combined maximum market potential under 5%. Wood biomass is the most diverse of the Renewable Energys, having application in co-firing, direct burn, gasification, ethanol and biodiesel, supported by President Bush. Wood biomass is the only energy application that can immediately and radically cap green house emissions with little or no capital investment cost required by industry. All other renewables and clean coal technologies, are 20-30 year strategies for reducing greenhouse emissions.

Green Energy Resources has been working with one of the UK's largest power providers for over a year to develop co-firing. Cofiring is an environmentally friendly application of mixing wood biomass with coal to reduce green house emissions. The UK power company is a one of Europes largest, with operations in multiple countries and owns coal mines in the US. Green Energy Resources is expected to make an announcement with the UK company.

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.
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Publication:Business Wire
Date:May 20, 2005
Words:420
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