Green Energy Resources opens new offices in Asia

April 1, 2005

Green Energy Resources (GER) announced the opening of new offices in Hong Kong, headed by Andrew Tong; Tokyo, led by Graham Syme; and Singapore, headed by Victor Yan. The China office will coordinate operations in both regions. GER will market its wood fiber fuels-environmentally certified under the Urban Tree Certification System (UTCS)-to those areas for various uses, including biomass-to-ethanol applications.

GER also announced its new trading symbol "GRGR," formerly "NYIL" on the NASDAQ stock exchange, effective March 8. Shareholders are advised to redeem share certificates for updated ones. GER is a renewable energy company that provides wood biomass to the power utility industry.

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