JBI, Inc. Provides Update on Release of Quarterly Filing

NIAGARA FALLS, Ontario, May 26, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII - News) has been delayed in filing its quarterly financial statements due to a recent change in our independent registered accounting firm. JBI made the decision earlier this month to upgrade to a larger regional firm to better support our growing business and to prepare for the rollout of our Plastic2Oil technology. The new auditor requires time to completely review our company before they can certify any future filings. This review is currently taking place and includes the valuation of JBI's business units. The financials for our quarter ended March 31, 2010 and the re-audited financials for our previously filed Form 10-K will be prepared by our new independent registered accounting firm.