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USA Investors Vote Of Confidence In Re3 Limerick Facility
8th December 2008

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Re3's American backers say they are overwhelmed and excited by the progress that's been made in the Group's new biomass production facility in Limerick.

Their praise for the new facility followed a special visit to the plant, on December 8th, when many of the Group's investors crossed the Atlantic to see the new plant for themselves.

Investors Vote of Confidence image

From left to right: Andrew Galway – Marsh Insurance, Drew Gorman – Native Green Energy, Brendan Hughes – Re3 Group Shareholder, Deborah Boyd – CEO Re3 Group, Michael Buckley – Greyhound Recycling, Alan Taylor - Arthur Cox, Ian McCann – Bank of Ireland.

The Limerick tour opened with a comprehensive multimedia briefing from Chief Design Engineer and Inventor, Tom Wilson. Tom guided the investors through a ‘live' virtual walkthrough of the Re3 Process, using the plant's multi-screen CCTV control room monitors. The VIP audience could not only see waste filling Re3's revolutionary ECOCLAVES but watch it transform into valuable biomass fibre.

During the presentation, guests also viewed two specially commissioned films created by content producers Doggart Adams (www.doggartadams.com). The films explain the mission of the Re3 Group as well as the engineering behind The Wilson System. Both videos can be viewed online at www.re3group.com.

Re3 Chief Executive Officer, Professor Deborah Boyd, described the investors' visit as momentous… the culmination of a decade of hard work and determination" She also thanked them for their "unquestioning confidence and faith" in the Re3 Team. "What you see here today, and what you have invested in, is a new industry and a new future. We are as proud of you as you are of us and this company will grow from strength to strength to strength," said Professor Boyd.

Greyhound Director, Michael Buckley, also wished Re3 every success. Greyhound – one of Ireland's most innovative waste management companies - is one of Re3's strongest solutions partners and Mr Buckley said his company would develop a lasting and profitable relationship with the Re3 Group.

Following the multimedia briefing, the investors and shareholders were taken on a guided tour of the Limerick facility. The tour included all of the plants main staging platforms – from waste delivery to ECOCLAVE loading, processing and biomass separation.

Lead investor, Irish American entrepreneur, Brendan Hughes, was especially impressed by the Re3 operation. "Just look around you… this is quality, professional engineering from start to finish. Deborah and Tom are doing a great job and this is just the start. We're helping to build a new, green industry not only in Ireland but in Europe and the USA. And. I am very, very proud of that," he said.

The Re3 Investor and Shareholder Site Visit marks the beginning of operations testing at the Limerick plant. Over the next few months, Re3's engineers will put the facility through its paces by subjecting it to a bombardment of production tests.

Our objective is to start ramping up production levels," Tom Wilson said. The process is very safe and very clean. And, the engineering has also been completed to the highest possible standards. I'm confident that the plant will outstrip all of our expectations."

Once operations testing has been completed, the Re3's Limerick facility will work in partnership with Greyhound to transform thousands of tonnes of local, non-hazardous, waste into biomass fibre and other recyclables such as metals and plastics.

Biomass is a clean, sustainable, carbon neutral fuel that's used to generate electricity and heat.

For further information, please contact: re3group@gmail.com.

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65 Legacorry Road
Richhill, Co. Armagh
N.Ireland BT61 9LF
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