Financial News

Alliance Targets Salem, New Jersey For Construction of Initial Waste-to-Energy Facility

Alliance Recovery Corporation (Alliance or the Company) (OTCBB:ARVY) is pleased to announce that it has identified a site for the development of an initial waste-to-energy installation. Alliance has recently executed a Memorandum of Understanding (MOU) with Corbett Aggregate Corporation (CAC) that should allow the Company to enter into a long-term lease of vacant land and several large heavy industrial steel buildings located in Salem, New Jersey and immediately adjacent to the Salem Port Terminal.

The Salem, New Jersey site is ideally situated approximately 25 minutes from Philadelphia and is adjacent to several large metropolitan markets that generate vast amounts of rubber waste annually, including scrap tires. The densely populated tri-state area of New York, New Jersey, and Pennsylvania has an abundance of highways and network of waterways providing convenient and cost-effective transportation options for the delivery of rubber waste.

Establishing the CAC property as the likely development site for the initial Alliance energy alternatives waste-to-energy installation is a major milestone for Alliance. The completion of the proposed lease agreement will put Alliance on a specific timeline for the construction and development of a showcase facility that will be the model for all further U.S. and international expansion.

Moving forward, engineers retained by management of the Company will work with CAC and Alliance to develop a final site plan for the waste-to-energy installation in Salem, New Jersey. The engineers have already commenced activities to generate a site plan that will optimize the use of existing structures and space at the site. Subsequent to this determination, Alliance and CAC will enter into a long-term lease agreement. However, it is anticipated that any lease completed by Alliance would be subject to the Companys ability to obtain the necessary regulatory approvals to construct and operate the installation.

About Alliance Recovery Corporation

We are a developmental stage company that plans to construct a showcase waste-to-energy facility at one of several sites currently being investigated by our engineering team and ourselves. Our waste to energy facility will recover a fuel oil as a result of a thermal chemical process that converts rubber waste including used or scrap tires, to oil. Subsequently, the recovered oil is used to fuel large reciprocating engines driving alternators making electricity. Recovering a fuel oil from rubber waste will contribute to fossil fuel conservation efforts and ultimately help reduce the consumption of Americas energy resources. In addition to the sale of electricity generated from the recovered fuel oil, several additional valuable bi-products produced in the thermal chemical conversion process will also be sold into either domestic or international markets. Our processing facilities can be located, constructed and operated to meet the specific needs of the community and operated in an environmentally friendly manner. For more information on our Company, please visit the website at www.AllianceRecoveryCorporation.com.

Safe Harbor Statement

This press release contains statements that may constitute forward-looking statements, including the company's ability to implement its business plan and the future strength of the company's business and industry. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Alliance Recovery Corporation's future business and financial results, refer to Alliance Recovery Corporation's Annual Report on Form 10-KSB for the year ended December 31, 2006, which was filed with the SEC on April 2, 2007, Alliance Recovery Corporation's Q3 2007 Report filed with the SEC on August 7, 2007. Alliance Recovery Corporation undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.

Contacts:

Alliance Recovery Corporation
Investor Relations
Brian S. John, 877-647-2367 or 561-989-3600
or
Alliance Management
519-671-0417

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