The Renewable Corporation Comments on Current Economic Crisis

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Tue Mar 24, 2009 4:31pm EDT

SARASOTA, Fla.--(Business Wire)--
The Renewable Corporation (Pink Sheets:RNWC), developer of the proprietary
ALCHEMx production platform designed to provide eco-efficient products, services
and technologies that leverage renewable resources and alternative energy
solutions, comments on the impact of the economic crisis on its business
strategy and future business development. 

CEO, Andy Badolato stated, "The United States continues to suffer from an
enduring economic crisis; including job losses, bank failures and across the
board corporate layoffs. There is a unified theme emerging from top economists,
in both the Republican and Democratic parties and the grass roots consumer
level. The best ways to recover from this crisis and create jobs, grow the
economy and decrease our dependence upon foreign oil is to shift the United
States to alternative energy solutions and implement energy efficiency
practices." 

According to an outline of Barack Obama`s proposed economic stimulus and budget
plans, investing in clean energy technology and efficiency practices will create
the jobs that will form a new foundation for the middle class. Obama`s plan is
to create five million new jobs by strategically investing $150 billion over the
next ten years to catalyze private efforts to build a clean energy future. 

Badolato commented further, "Our Company is well positioned to capitalize on
this shift that will be taking place. We will utilize renewable resources such
as sugarcane ethanol for alternative fuel use, as well as conversion into
plastics and other chemicals utilizing the ALCHEMx ethanol production platform
technologies. We are currently targeting the development of a project in the
gulf coast to produce renewable plastics. This will create jobs, reduce the
impact on the environment and provide sustainable clean renewable plastics for
use in everyday consumer packaging and other products." 

www.therenewablecorp.com

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 27E of the Securities Exchange Act
of 1934. Statements contained in this release that are not historical facts may
be deemed to be forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual performance and
results may differ materially from that projected or suggested herein due to
certain risks and uncertainties, including, without limitation, the ability to
obtain financing and regulatory and shareholder approval for anticipated
actions. 





The Renewable Corporation, Sarasota
Craig McClure, Investor Relations, 941-925-2500
ir@therenewablecorp.com



Copyright Business Wire 2009

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