Alliance Recovery Corporation (OTCBB:ARVY) (the Company) previously received a valuation performed by Resource International of Ashland Virginia, a consulting engineering company with specific knowledge and expertise pertaining to the Alliance thermal chemical process. Resource International worst-case valued the Company at $94 million dollars on a going forward basis assuming that the Company was successful in moving forward with its financial, development, construction, and operational plans.

Since that valuation, the Company has moved forward with the implementation of activities specific to development, construction, and operational strategies that have continued to add value to the overall business effort. Continued efforts focused on the project financing have caused the Company to enter into specific negotiations with several organizations that have expressed an interest in financing the Alliance showcase installation and other similar installations the Company may consider in the future. Both debt and equity financings are currently being discussed.

Alliance CEO Peter Vaisler stated, “I’m extremely happy with the results of our discussions to date, and it remains our hope that in the weeks ahead, the Company will be in a position to make further disclosures pertaining to our financing efforts. This has been a lengthy process, however, we are still on plan and will be making arrangements that will allow the Company to construct and operate the show case waste-to-energy installation.” Activity and dialogue will continue in connection to completing the necessary project financing.

“This should be great news for all the Company’s shareholders who share our vision and recognize the huge potential of the Alliance business model and proprietary alternative energy process. Our patience will be rewarded as we are finally maneuvering into a position to get started,” he added.

The valuation was originally utilized in 2006 and 2007 in the Company’s 15c 211 Application to the NASD (National Association of Securities Dealers) to obtain a public listing. As a result of the NASD’s review of an earlier valuation, and their observation that the assumptions underlying that valuation were out of date primarily due to changes in the marketplace, it was necessary for the Company to provide an updated valuation.

It should be noted that during the period to obtain both SEC and NASD approvals, overall energy prices significantly increased. Subsequently, energy increases have continued thereby making the proposed Alliance initiative that much more attractive. Furthermore, the US Administration continues to encourage the development and use of energy alternatives and renewable energy sources. The United States Department of Energy (DOE) predicted a 54% increase in global energy demand from 1997 to 2015 and have suggested that US energy demands are not expected to peak until 2020.

Since energy plays a crucial role in sustained US economic growth, harmonizing increased energy requirements with ecological and environmental considerations demands that municipalities and regional power companies consider renewable and alternative sources of energy. These energy alternatives currently constitute only about 1% of the US energy supply. Alliance Recovery Corporation is positioned to play an important role in the national push to develop and transition to alternative/ renewable sources of energy generation.

Most States have recognized the need to conserve energy dollars that are exported for the purchase of energy fuels and as a result encourage development and deployment of alternative energy resources.

As a leader in research & development in alternative energy creation and by utilizing oil created from thermal chemical conversion of rubber waste, the Company will be able to provide America with sustainable energy to support peak demand.

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 identified 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 America's 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, 2008, which was filed with the SEC on April 15, 2008, Alliance Recovery Corporation's 10-Q Quarterly Report filed with the SEC on May 19, 2008. 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.