SNRG Corporation Announces Gasification Plant Acquisition

HOUSTON, TX, Nov 12 (MARKET WIRE) --
SNRG Corporation (PINKSHEETS: SNRG) announced this morning that the
Company has entered into an agreement with Vega Invest AG d/b/a
Enviropark Global AG for purchase of all of the assets and membership
interests of Enviropark Texas, LLC for an aggregate price of $20,000,000.
The assets consist of a gasification facility near Bay City, Texas, that
was originally built by Molten Metals Technology, Inc. at an approximate
cost of $90,000,000.

The facility was built in 1996-1998 but was never operated and has been
maintained in excellent condition. The plant will be retrofitted with a
new and more cost efficient gasification unit to replace the Molten Metal
gasification technology that was not viable for the waste streams that
were to be processed. In addition, the company will add de-manufacturing,
materials recovery, waste processing and blending systems that will
provide supplemental and incremental revenue sources.

D. Elroy Fimrite, the Chief Executive Officer of SNRG Corp., stated, "This
plant is the perfect site for development of our first Enviropark Waste
processing facility, all of the multiple processing segments except the
gasification unit are well designed, high quality, functionally new and
were very time consuming and expensive to construct. We have a four or
five year market advantage by stepping into this first class facility for
execution of our Enviropark business model."

"In the current economic times many companies are launching green
initiatives, but typically large amounts of capital must be funded over a
long period of time, and significant zoning and permitting challenges must
be overcome before revenues can be generated," added Mr. Fimrite. "We
anticipate revenues will commence in early 2010 and that full operations
will be underway by the end of 2010."

The Company advises that description of the Enviropark Model and pictures
of the facility are available on our website at www.snrg.net.

FORWARD-LOOKING STATEMENTS AND SAFE HARBOR STATEMENT:

This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 (the "Act"). In
particular, when used in the preceding discussion, the words "believes,"
"expects," "intends," "will," "plans," "hopes," "anticipated," or "may,"
and similar conditional expressions are intended to identify
forward-looking statements within the meaning of the Act, and are subject
to the safe harbor created by the Act. Except for historical information,
all of the statements, expectations and assumptions contained in the
foregoing are forward-looking statements that involve a number of risks
and uncertainties. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors include,
among others, the inherent uncertainties associated with the Company's
business focus; the Company's ability to raise needed funding; the
potential productivity of our proposed properties; changes in the
operating costs and changes in economic conditions and conditions in the
recycling and de-manufacturing industry and the risks associated with
implementation of such technologies and their commercial viability.
Although we believe that the beliefs, plans, expectations and intentions
contained in this press release are reasonable, there can be no assurance
those beliefs, plans, expectations or intentions will prove to be
accurate. SNRG Corporation takes no obligation to update or correct
forward-looking statements, and also takes no obligation to update or
correct information prepared by third parties that are not paid for by
the Company.

Investor Relations Contacts:

Mr. Christian Hansen
Market Specialist
Equititrend Advisors, LLC
800-585-6988

Mr. Jim Elbert
Destiny Focus Consulting Inc.
630-847-4255

Authorized by:
D. Elroy Fimrite
President & CEO

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