Green Energy Resources Positions for Ethanol and Biodiesel Fuel Markets Through Cellulostic Fiber. Plan Rivals Corn With Cheaper Alternative; "GRGR" Selected to Ludlow Energy Index

Green Energy Resources (PINK SHEETS:GRGR ) begins marketing the revolutionary new UTCS environmental certification software for renewable energy this week. The software data develops a first ever US inventory for woodchips and waste wood sourced from the non-forest industry. The data bank details down to the urban and suburban residential level information about waste wood supplies .The data positions Green Energy Resources to amass and locate hundreds of millions of tons of wood to supply and rival corn for the rapidly growing alternative fuels markets of ethanol and biodiesel with cellulostic fiber. The kickoff begins in Albany, NY with CEO Joseph Murray, software developer Tom Snyder and Corporate Relations Representative Michele McCurdy, taking to the road, as gas prices neared $4 per gallon in some regions of the country.

In other company news, Green Energy Resources has been selected for the Ludlow Energy Index specializing in small cap, micro cap and China Markets. Green Energy Resources is planning to present in New York in September for the Index. The company is also planning to attend several other events to showcase the new UTCS software to industry and the financial community around the nation.

A planned trip to Europe last week was canceled and is being rescheduled in the wake of the airline disruptions in London.

The UTCS demonstration for institutional investors took place in New York last week with several companies in attendance. Any large shareholders desiring a demonstration should contact the company to make arrangements.

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.