GreenShift Awarded Patent for Corn Oil Extraction

Reuters
Wed Oct 14, 2009 11:45am EDT

NEW YORK--(Business Wire)-- GreenShift Corporation (OTC Bulletin Board: GERS) announced today that the U.S. Patent and Trademark Office has issued U.S. Patent No. 7,601,858, titled "Method of Processing Ethanol Byproducts and Related Subsystems" (the `858 Patent) for the extraction of corn oil to GS CleanTech Corporation, a wholly-owned subsidiary of GreenShift.

GreenShift`s patented and patent-pending corn oil extraction technologies enable GreenShift and its licensees to "drill" into the back-end of first generation corn ethanol plants to tap into a new reserve of inedible crude corn oil with an estimated industry-wide output of about 20 million barrels per year. This corn oil is a valuable second generation feedstock for use in the production of biodiesel and renewable diesel - advanced carbon-neutral liquid fuels, thereby
enhancing total fuel production from corn and increasing ethanol plant profits.

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