Texas General Land Office Grants First-Ever State Off-Shore Lease to Renew Blue Inc. (RBI) to Produce Fresh Water Using Ocean's Water and Energy

Texas General Land Office Grants First-Ever State Off-Shore Lease to Renew
Blue Inc. (RBI) to Produce Fresh Water Using Ocean's Water and Energy
RBI is first licensing entity of SEADOG(R) Pump ocean wave technology, which
will operate in Gulf of Mexico outside of Freeport, Texas, to produce
desalinated water (3,000 gallons a day) with virtually no environmental impact
and minimal carbon footprint

HOUSTON, Oct. 8 /PRNewswire/ -- Ocean waves off the coast of Texas may soon
provide the first commercial wave power in the U.S. to generate electricity
and desalinate water. The Texas General Land Office has granted the first-ever
state off-shore wave energy lease to Texas-based Renew Blue Inc. (RBI). The
company will use ocean water and waves to produce desalinated water; the first
100 percent fossil-fuel-free bottled water. RBI, a wholly owned subsidiary of
Minneapolis-based Independent Natural Resources Inc. (INRITM), is the first
licensing entity of SEADOG® Pump, a technology that harnesses the power of
ocean waves to generate electricity. RBI will bottle and distribute the
freshly desalinated water under the brand Renew Blue(TM). This will be a small
demonstration of what SEADOG Pump technology can do in providing electricity
and clean water to regions all over the world that lack fresh water and energy
but have an abundance of ocean waves along their coastline.

"Texas is proud to be the initial site of this wave-powered energy
innovation," said Rene Truan, Deputy Commissioner for the Professional
Services at the Texas General Land Office. "Renewable energy production on the
Texas coast means renewable revenue for the school children of Texas. The
SEADOG Pump is another great example of the exciting opportunities that exist
and that the Texas General Land Office is working hard to take advantage of."

RBI will place an off-shore modular platform about one mile off the coast of
Freeport, Texas, in roughly 25 feet of water. The SEADOG Pump separates itself
from other technologies on the market by using a simple pump design with few
moving parts and no electronics. RBI expects the platform to be installed in
the fourth quarter of 2009 or the first quarter of 2010. The platform is
currently being manufactured outside of Houston.

RBI will desalinate 3,000 gallons of water per day and will store up to 30,000
gallons in a sealed, stainless steel tank before being transported to the
bottling plant. While traditional desalination typically requires significant
amounts of electricity, the SEADOG Pump platform system is powered solely by
the wave energy it harnesses. Considering that 40 to 50 percent of operating
costs in the desalination process is attributed to electric usage, the SEADOG
Pump system provides significant cost savings and minimal environmental impact
compared to the large-scale use of power generated by fossil fuels. Further
environmental benefits accrue from the superior manner in which brine water is
disbursed.

"For the past seven years the SEADOG has been fine-tuned to produce this major
accomplishment as the first commercial wave power generation in the U.S.,"
said Mark A. Thomas, CEO, INRI. "We are thrilled to showcase the SEADOG to the
world as an innovative yet simple technology illustrating the ability to
extract wave energy at low cost, with high levels of efficiency resulting in
immeasurable benefit to humankind."

SEADOG Difference
Generally speaking, wave energy is captured by engineered devices or
components attached to stationary or floating structures that are set in
motion by waves or swells on the surface of the ocean. Most wave energy
technologies grow in cost because the equipment is sensitive to corrosive
seawater and has intermittency issues similar to wind and solar energy. SEADOG
Pump, on the other hand, separates itself from other technologies on the
market by using a simple pump design with few moving parts and no electronics.
Multiple pumps are deployed in fields depending on how much power or water is
desired. In appropriate geographic locations, SEADOG Pump can move large
volumes of water to shore where it can be stored until needed for energy
production. This ability to store energy removes the intermittency issues
associated with other renewable energy technologies. Preliminary estimates
based on results from the sea trial suggest that a one-square-mile field of
SEADOG Pumps could generate anywhere from 30 megawatts to more than 1,500
megawatts of electricity on average. The amount of electricity generated is
dependent on how small or large the waves are in any given area of the world.

About Renew Blue Inc.
Renew Blue Inc. (RBI), a Texas Corporation, was formed in 2008 as a wholly
owned subsidiary of Minneapolis-based Independent Natural Resources Inc.
(INRITM). RBI is the first licensing entity of the INRI SEADOG® Pump, a
technology that captures energy from ocean waves. RBI will bottle and
distribute the Renew Blue(TM) brand of water, the world's first 100 percent
fossil-fuel-free, desalinated drinking water produced by harnessing the power
of ocean waves. For more information please visit www.renewblue.com.

About Independent Natural Resources Inc.
Based in Eden Prairie, Minn., Independent Natural Resources Inc. (INRITM) is
an energy technology company that develops innovative products used to
generate power from renewable sources in a clean, environmentally friendly
manner. The company currently holds the rights to a patented product that can
recover power from the excess pressure released by natural gas pipeline
systems and the SEADOG® Pump system, a patented technology product that
captures energy from ocean waves. To learn more, visit the company's Web site
at www.inri.us.

SOURCE Independent Natural Resources Inc.

Mark A. Thomas of Independent Natural Resources Inc., +1-612-817-9497,
mark@inri.us; or Paul Omodt, +1-612-455-1732, mobile, +1-612-963-4359,
pomodt@psbpr.com, or Madeline Riggs, +1-612-455-1755, mobile, +1-612-812-2539,
mriggs@psbpr.com, both of Padilla Speer Beardsley Inc., for Independent
Natural Resources Inc.