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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.

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