Message #56 From:
NewsBot Date: November 16, 2006 10:51:00 AM
GSHF News GS AgriFuels and GS CleanTech Profiled in Biodiesel Magazine
NEW YORK--(BUSINESS WIRE)--GS AgriFuels Corporation (OTC Bulletin Board: GSGF) and GS CleanTech
Corporation (OTC Bulletin Board: GSCT) today are pleased to announce
that they have been profiled in the November 2006 edition of Biodiesel
Magazine. “The Matchmaker,”
which is available online at www.biodieselmagazine.com,
focused on GS CleanTech’s proprietary corn oil
extraction process, highlighting the benefits of the relationship with
its sister company GS AgriFuels, which uses its own patent pending
technologies from recently acquired NextGen Fuel, Inc. to convert that
corn oil into biodiesel either at or in proximity to the corn ethanol
facilities.
Holly Jessen of Biodiesel Magazine wrote, “GS
CleanTech and GS AgriFuels are demonstrating, it’s
not just fuels that can be blended, but the biodiesel and ethanol
industries themselves.”
“GS CleanTech specializes in using innovative
new clean technologies and applied process engineering to help our
clients use resources more effectively,” said
David Winsness, GS CleanTech’s president and
chief operating officer. “Our corn oil
extraction technology is a cost effective solution designed to improve
the efficiency of ethanol production, and together with NextGen’s
proprietary biodiesel production equipment we can now offer end-to-end
on site biodiesel production.” Additional
information on GS CleanTech’s Corn Oil
Extraction System and GS CleanTech’s ethanol
efficiency program is available online at www.gs-cleantech.com.
About GS CleanTech Corporation
GS CleanTech Corporation provides applied engineering and industrial
design services based on clean technology and process innovations that
make it cost-effective and easy to recycle and reuse resources.
About GS AgriFuels Corporation
GS AgriFuels Corporation was founded to produce and sell clean fuels
from agriproducts in innovative ways that efficiently leverage America’s
current fuel production and distribution infrastructure while empowering
consumers to save money, reduce pollution and contribute to energy
independence.
Both GS CleanTech and GS AgriFuels are majority-owned subsidiaries of
GreenShift Corporation (OTC Bulletin Board: GSHF), a company devoted to
facilitating the efficient use of natural resources.
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 GS
CleanTech Corporation, and members of their 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.