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Global Resource Corporation Appoints General Lincoln Jones to Board of Directors

WEST BERLIN, N.J., May 29 /PRNewswire-FirstCall/ -- Global Resource Corp. (OTC Pink Sheets: GBRC - News), a developer of a patent-pending microwave technology and machinery for extracting oil and gas, today announces the appointment of General Lincoln Jones III to the Board of Directors as an independent board member.

General Jones is a graduate of the United States Military Academy, West Point, and served thirty-two years of active duty in varying roles. His illustrious Army career includes being a recipient of the Bronze Star, Meritorious Service Medal and Distinguished Service Medal along with 19 other service honors. General Jones has held multiple military and international relations board roles including President of the Association of Graduates, USMA, National Defense University Foundation and British American Business Association.

As a private citizen General Jones has extensive experience in the energy sector, specifically International and Governmental Relations. Currently he serves as Chairman of the Board for Worldwide Strategic Partners, Inc., a consulting services company in the energy related business and government-to-government relations and also as Chairman of International Spectrum and Development Corporation. Lincoln Associates, Inc. was founded by General Jones and provides assistance regarding energy related interests both in the United States and internationally. Consulting clientele of Lincoln Associates, Inc. includes Seimens and Westinghouse and General Jones directly consults with the US Department of Defense and State. All of the aforementioned companies associated with General Jones are based in Houston, TX.

"General Lincoln Jones is an expert in the energy business and maintains close relationships throughout the world in the energy sector," commented Chairman of the Board Frank Pringle, "He brings an added depth to our Company that will not only open doors in the private energy sector as we continue to grow and test our equipment but will also allow us to begin the process of negotiating with the US and international governments to harness their attention at GBRC as a potential solution to various energy and tire waste issues worldwide."

Concurrent to the appointment of additional Board members, Global Resource Corporation has begun internal restructuring to better position the Company for future growth and business execution. CEO Frank Pringle has been hired as a consultant and has amended his title to Acting CEO, where he will remain for an undetermined time allocation. Global Resource has hired Executive Vice President Wayne Koehl in charge of Business Development and Finance. Wayne's previous experience includes 26 years in the mortgage banking business with multiple companies. These internal changes are additional to the previously announced hirings of Len Hedman and Scott Dunbar, Vice President of Engineering and Vice President of Operations, respectively.

The Board also recognizes the service of Jeff Andrews and his stepping down. Jeff will remain at Global Resource as CFO, where his duties continue to take on a significantly more complex role, and the board thanks him for his stellar service as a board member and looks forward to his continued role as CFO at the Company.

Chairman of the Board Frank Pringle stated, "Jeff has been working tirelessly as our Chief Financial Officer, and as we progress as a public Company he felt his time would be better served to focus on the financial filings and needs of Global Resource. As Chairman of the Board, I look forward to our continued restructuring, as we focus on finding quality employees to add to our Global Resource staff who can take our innovative technology to the commercialization level successfully."

About Global Resource Corp.

Global Resource Corp., (GBRC), is a developer of a patent-pending microwave technology and machinery that extracts oil and petroleum products from shale deposits, tar sands, capped oil wells, bituminous coal and processed materials such as tires and plastics as well as dredged soil from harbors and river bottoms. Its process produces significantly greater yields and lower costs than are available using existing technologies. Because the process takes place in an enclosed environment it is emission-free and an efficient and cost-effective tool for cleaning environmental wastes and toxic materials. For more information see: www.globalresourcecorp.com.

Forward-Looking Statements

This news release contains forward-looking statements regarding Global Resource Corp.'s business strategies and future plans of operations. Forward- looking statements involve known and unknown risks and uncertainties. The forward-looking statements contained in this news release speak only as of the date hereof and Global Resource disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Global Resource's expectations or future events.

    Jeff Andrews, CFO
    Global Resource Corporation
    Bloomfield Business Park
    408 Bloomfield Dr. Unit 3
    West Berlin, NJ 08091
    Main: 856-767-5661
    JAndrews@GlobalResourceCorp.com

    Investor Contact:
    Alan Sheinwald, President
    Alliance Advisors, LLC
    Tel: (914) 669-0222
    asheinwald@allianceadvisors.net

    PR/Media Relations Contact:
    Richard Stern
    Stern & Co.
    richstern@sternco.com
    Tel: 212-888-0044