CybeRelease: (OTC: GRGR) Delivers UTCS Software; Unveils US Biomasse Market Strategy
(CybeRelease, July 20, 2006) - Lake Harmony - Green Energy Resources (OTC PK: GRGR) announced today Its UTCS software system is ready for market and will begin producing revenue in 2006. The software is a web based, user-friendly software system that “certifies” environmentally “green”, sustainable wood biomasse for the Renewable energy industry. Wood fiber has potential application in over 60% of the total energy markets.
UTCS (urban tree certification system) tracks waste wood, currently untapped and uncalculated as marketable commodity. UTCS sources wood generated at the municipal level from the non-forest industry, such as land clearing, landfills, routine park and road maintenance, and storm damages. The UTCS software will compile a database of “cheap” wood, designed to capture the major market share in the US for Green Energy Resources. The strategy is to supply the rapidly emerging US ethanol and biodiesel markets with large volumes of wood fiber from cellulose. The wood fiber database would allow big energy manufacturers to rely on accurate data and long-term supplies to replace corn as the key supply ingredient for fuels. The US Department of Energy estimates ethanol and biodiesel will compose approximately 30% of the US transportations fuels by 2030.
Green Energy Resources revenue projections for UTCS are based as few as 3000 US municipalities generating approximately 1000 tons a month of wood waste by 2010.Estimates for 2007 are approximately $11 million dollars in net earnings, growing to over $210 million dollars by 2010. The projections are based on export sales and do not include potential sales for ethanol and biodiesel in US markets.
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