Plateau Mineral Development, Inc. Converts Tires Into Useful Carbon Credits

• Press Release
• Source: Plateau Mineral Development, Inc.
• On 8:30 am EDT, Monday July 13, 2009

WINSTON-SALEM, NC--(Marketwire - 07/13/09) - Plateau Mineral Development, Inc. (Pinksheets:PMDP - News), along with its partner, Plateau Mineral Development LLC, announced today that the firm, in conjunction with MEI and Environmental Solutions, has completed a design for a converter unit that will transform tires into carbon black, oil, gas and petroleum solvents.

Related Quotes

Symbol	Price	Change
PMDP.PK	0.00	+0.00

{"s" : "pmdp.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}

The fully operational converter is the size of a truck bed. Although the demonstration unit will not be a full-sized production unit, it will, nonetheless, display its capabilities for various customers and will most likely pay for itself in the process. This production prototype unit will cost in the range of $325,000 to $350,000.

A representative of Plateau Mineral Development states, "In addition to turning waste streams into oil, gas and other beneficial products such as fertilizer and carbon black, the converter will also create carbon credits that can be sold to the many firms needing them. Therefore, it will be a worthwhile investment for the company."

About Plateau Mineral Development, Inc.: Plateau Mineral Development, Inc. specializes in the exploration and development of energy sources. Its partner, Plateau Mineral Development LLC, has been in existence for over five years with successful new wells and rework wells selling both gas and oil.

Safe Harbor Statement: This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Plateau's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 
Contact:
Orion Financial
800-400-1290