Global Resource Corp. Announces New Chairman of the Board and New Chief Executive Officer

MOUNT LAUREL, NJ, Nov 12 (MARKET WIRE) --
Global Resource Corp. (PINKSHEETS: GBRC), a developer of a patent-pending
microwave technology and machinery for extracting oil and gas, announced
today that Mr. Ken Kinsella will become the Chief Executive Officer
effective immediately. In addition, Mr. Brian Ettinger has been appointed
as the new Chairman of the Board of Directors.

Mr. Kinsella has extensive senior executive experience in the operations
and management of several top organizations including both private and
publicly listed NASDAQ companies. His wealth of experience is global and
he has conducted business in countries outside the U.S. such as the UK,
Japan, Korea, India, Australia, Greater China and throughout Continental
Europe.

Most recently he was a Founding Partner in Tribe Equity, a provider of
capital and corporate growth strategies to rapidly growing small and
medium businesses. Prior to Tribe Equity he was the CEO of Invicta
Investments Limited, an organization that specialized in the construction
of transactions including international property, energy, renewables and
corporate equity deals in the U.S. and Europe. Throughout his career he
has been responsible for global business rollouts and strategic expansion
including mergers and acquisitions, joint venture execution and strategic
alliance partnerships.

"I'm excited to join Global Resource and offer my experience and knowledge
of bringing new technologies to commercialization," said Mr. Kinsella.
"The Board of Directors believes that the technology represents a
paradigm shift in the energy industry and my goal is to quickly and
effectively commercialize our proprietary solution for various
applications. The continued focus of our team will be on the monetization
of this ground-breaking technology and Global Resource has taken major
strides toward the beginning stages of commercialization. I look forward
to working with the team at Global and providing important shareholder
updates as we reach key milestones."

Mr. Ettinger, a consultant to Global Resource since 2008, currently serves
as the CEO and General Counsel for Worldwide Strategic Partners, Inc., an
energy consulting firm involved in domestic and international energy
projects involving oil and gas production, exploration, alternative fuels,
waste to energy, biofuels, power, and pipelines. He has also served as an
independent consultant to Nuclear Solutions, Inc., a firm that developed
technology that takes waste coal and converts to diesel fuel. While at
Nuclear Solutions he assisted the company in obtaining grants and entered
into a contract to develop this technology under Shaw Energy Group.

In addition, Mr. Ettinger is the founder of The Law Office of Brian
Ettinger. The law firm concentrates on a general practice emphasizing
Civil Litigation, Business Litigation, International Business Contracts
and Negotiations including Energy Related Industries, International
Lobbying Services and represents domestic and international clients in
the energy, oil and gas development, exploration, drilling and pipeline
products and/or natural gas development, power distribution, power
purchase agreements, and coal producing pollution reduction.

"I look forward to being the Chairman of the Board as we move toward
commercializing our technology in 2010," commented Mr. Ettinger. "The
Board is pleased with the recent licensing agreement and sale of a 1-ton
prototype unit to Universal Alternative Fuels for the use in oil shale and
we believe Mr. Kinsella has the experience and relationships to deliver
additional contracts. Global Resource is at a crucial inflection point of
fully commercializing our technology and we felt strongly about bringing
in a CEO with Mr. Kinsella's credentials. It is an essential step to
driving value for our shareholders."

About Global Resource Corporation

Global Resource Corp., (PINKSHEETS: 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 Corporation'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.

Contact:
Investors:
Thomas Walsh
Partner
Alliance Advisors, LLC
212.398.3486
Email Contact

Media:
Matt McLoughlin
Senior Account Executive
Gregory FCA
610.996.4264
Email Contact

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