Alliance Acquires Process Technology Ownership

Wilmington, DE - Alliance Recovery Corporation ("Alliance" or the "Company") announced that based upon agreements with management, attorneys have been instructed to prepare documentation allowing the Company to acquired the ownership of thermal chemical process technology for the conversion of rubber to oil, process gases and a commercial grade of carbon black. The fuel oil from this process is subsequently utilized in large reciprocating engines that drive alternators making electricity for industrial and/or residential demand. The use of this technology was previously licensed to the Company in 2002. The transfer of ownership of the rubber waste to oil process technology to the Company provides for the continued and uninterrupted use of the technology regardless of circumstances.

In a letter prepared by third party consulting engineers, Resource International of Ashland, Virginia pertaining to the cost of "Replacement Technology" dated March 6, 2002, a process "most comparable in technology" was estimated to "have a potential project cost of $13,500,000." Resource observed that, "At this time, there is no tire processing technology that, in the opinion of Resource, is comparable to the ARC technology in its simplicity or technical approach."

Furthermore, it was also observed that, "The difference in this technology is that the thermal breakdown of the whole tires, the generation of oil and hydrocarbon feedstock, and the production of carbon black are accomplished in the same reaction vessel offering unique operational and cost efficiencies." As a result of Alliance management's continued monitoring of developments in rubber waste processing technology, it is the Company's opinion, that as of this date, these operational and cost efficiencies remain unique only to Alliance.

SOURCE: Alliance Recovery Corporation