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GreenShift Receives Fifth Corn Oil Extraction Patent
Monday, April 16, 2012
Alpharetta, GA -- GreenShift Corporation (otcqb:GERS) today announced that the United States Patent and Trademark Office ("USPTO") issued a fifth patent covering GreenShift's corn oil extraction processes, this time for patent numbered 8,168,037 titled "Method and Systems for Enhancing Oil Recovery From Ethanol Production" (the "037 Patent").
The '037 Patent, filed on March 15, 2006, enhances the competitive advantage of GreenShift's licensees by expanding GreenShift's patent protection.
"GreenShift has pledged to protect the competitive advantage of its licensees and the additional protection is extremely important to our licensees and shareholders," said David Winsness, GreenShift's Chief Technology Officer. "We are very excited by the addition of this patent to our portfolio, and look forward to continued delivery of success-driven services, best-in-class systems, improved profitability, and continued innovations to our licensees."
GreenShift's technical services staff are available at 888-ETHANOIL or firstname.lastname@example.org to respond to quotation requests and to answer any questions about GreenShift's corn oil extraction and other technologies.
About GreenShift Corporation
GreenShift Corporation develops and commercializes clean technologies designed to address the financial and environmental needs of GreenShift's clients by decreasing raw material needs, facilitating co-product reuse, and reducing the generation of wastes and emissions. Additional information on GreenShift and its technologies is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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