RELEASE–Renewable Energy Resources Inc. Announces Name Change to New Green Technologies and New Ticker Symbol
Renewable Energy Resources Inc. announced today that it has been assigned a new trading symbol to reflect the Company’s pending name change from Renewable Energy Resources Inc. to New Green Technologies. The new symbol, (OTCBB:NGRN – News), along with the name change completed on May 27, 2008, became effective at the open of trading business on July 3, 2008.
This name change better reflects the business of the Company as a major green player in the waste to energy industry. "We are pleased with the expediency of both the name and symbol changes as we position and brand our Company in the market. We look forward to this exciting new stage in our Company’s growth," stated Craig Huffman, Chief Executive Officer of New Green Technologies.
About New Green Technologies, Inc.
New Green Technologies (OTCBB:NGRN – News), www.gogreenforplanetearth.com, is currently focused on using its newly acquired technology to move forward in the bio-fuel and waste flow industries. With revolutionary technology, the Company can now make significant impact in the newly emerging bio-fuel and other waste industries. New Green Technologies’ new technology is the Catalytic Activated Vacuum Distillation (CAVD) system which is an exclusively patented technology, which allows waste products, such as DDG, carpet waste, algae, citrus waste, tobacco waste, municipal waste, and others, to be converted into a bio-fuel and gas. The Company has also acquired a plasma arc to energy technology along with a patented technology using waste water, fluid or gas flows to create electricity. NGRN’s unique hydro technology is under control of EU partners for market entry.
Contact:
For New Green Technologies, Inc., Tampa
Investor Relations Contact:
DC Consulting LLC
Daniel Conway, 407-792-3332
Daniel@dcconsultingllc.com
Source: New Green Technologies, Inc.