Intrepid Tech & Resources (fka ITRP)

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Press Release Source: Intrepid Technology and Resources, Inc.


Intrepid Makes First FiberBlend(TM) Sale to Major Soil Amendment and Aggregate Company
Monday February 4, 3:04 pm ET


IDAHO FALLS, Idaho, Feb. 4 /PRNewswire-FirstCall/ -- Intrepid Technology and Resources, Inc. (OTC Bulletin Board: IESV - News), a renewable alternate energy and soil amendment company, announces that they have received their first purchase order for their branded FiberBlend(TM) soil amendment product from a leading aggregate and soil amendment products company.



The customer will use the FiberBlend(TM) product, which has excellent moisture holding properties, with other products packaged by the firm and distributed nationally. Price and quantities were not disclosed at the request of the client. Initial shipments from Intrepid's plants will begin shortly.

FiberBlend has the physical texture and resemblance of peat moss and the fertilizer nutrient characteristics of animal waste compost, but with much less bulk than animal compost. FiberBlend(TM) improves soil tilth and increases drought resistance of the soil as well as increases plant resistance to disease as it develops and maintains the soil structure. It also can serve as an excellent base for blending of specialty application products through the addition of other amendments. FiberBlend(TM) is produced in a process that reduces carbon emissions and generates renewable "green" pipeline quality methane (natural) gas.

Intrepid is producing the unique fiber product from their two operating anaerobic digester plants in Idaho along with the Methane gas that is sold to industrial customers and carbon credits that are being sold to an International Emissions Reduction Trader. The new sales effort has been led by Intrepid board member John Brockage of Oakland California who stated: "This is the first sale in what we believe to be a trend among many users particularly in the drought-prone western US where water retention is a critical asset for maximum production of food products and gardens".

About Intrepid Technology and Resources, Inc.: We are an application innovator in Alternative Energy technology and production and of biogas products and services designed to assist in worldwide energy independence, reduce pollution and carbon emissions from renewable agriculture feedstock and industrial and agriculture waste materials.

Statements released by Intrepid Technology and Resources, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q, and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.

For additional information contact,

Steve Ellis (208-529-5337)

[e-mail]




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Source: Intrepid Technology and Resources, Inc.