Message #59 From:
Stock News Bot Date: December 8, 2006 09:39:00 AM
GSHF News GS Carbon Provides Update on Business Model
NEW YORK--(BUSINESS WIRE)--GS Carbon Corporation (OTC Bulletin Board: GSCR) today provided an
update on its business model and holdings.
GS Carbon Corporation is a development stage company that was founded to
facilitate decarbonization in ways that cost-effectively capitalize on
the evolving carbon markets.
GS Carbon's ambition is to affect reductions in the carbon intensity of
energy production and consumption by investing in carbon trading,
developing and commercializing advanced new decarbonization
technologies, and by developing and owning renewable energy production
assets.
GS Carbon companies and holdings include a 10% stake in Sterling Planet,
Inc., 10% of TerraPass, Inc., 100% of GS Advanced Applications, Inc.,
70% of General Ultrasonics Corporation, and 25% of Aerogel Composite,
Inc.
Carbon Trading Holdings
STERLING PLANET, INC.
Sterling has established a strong reputation as the premier market maker
for renewable energy sales. Sterling has sold over 4 billion kilowatt
hours of renewable energy since its inception, representing enough
energy to power 350,000 homes for a full year and offset 2.6 million
tons of carbon dioxide. Sterling Planet currently services an impressive
array of clients including Alcoa, The Coca-Cola Company, DuPont, Delphi
Corporation, Duke University, University of Utah, Nike, Pitney Bowes,
U.S. Environmental Protection Agency, the U.S. General Services
Administration, the Homeland Security Department, Western Area Power
Administration, New York State Energy Research and Development Authority
(NYSERDA), the U.S. Army, Staples, Whirlpool Corporation, the World
Resources Institute and over 150 other companies. Additional information
on Sterling Planet is available online at www.sterlingplanet.com.
TERRAPASS, INC.
By issuing a “TerraPass”
to its members, TerraPass utilizes its members’
contributions to promote global energy efficiency and greenhouse gas
reduction through targeted projects. It is through these clean energy
projects that TerraPass counterbalances pollution from its members’
vehicles. TerraPass recently partnered with Ford Motor Company in a
program called “Greener Miles,”
which allows consumers to calculate the amount of carbon dioxide
produced by their car in one year of driving, and then to purchase a
TerraPass linked to the cost of producing an amount of clean energy
equivalent to the carbon dioxide produced. Individual purchases range
from $29.95 to $79.95 annually, depending on the type of vehicle, amount
of carbon dioxide emitted and miles traveled, and the funds are used to
invest in U.S. based renewable energy projects. Additional information
on TerraPass is available online at www.terrapass.com.
Technology Holdings
GS ADVANCED APPLICATIONS
GS Advanced Applications focuses on the research and development of
commercially viable advanced applications of cutting-edge clean
technologies. GS Advanced’s testing laboratory
is currently focused on commercializing new technologies that increase
the efficiency and reduce the emissions profile of energy production.
Current development projects include: ultrasonic reformation.
GENERAL ULTRASONICS CORPORATION
General Ultrasonics Corporation is a development stage company that owns
the exclusive rights to a proprietary new ultrasonic reformation process
uses water, hydrocarbons and high intensity ultrasonic energies to
synthesize clean burning fuels including hydrogen. The process was
designed for low cost reformation of standard petroleum hydrocarbon
products, but has the capability to produce hydrogen-rich gases, other
synthetic gases and fuels, and other products from qualified
carbon-based, hydrocarbon-based, and other liquids, solids and gases.
AEROGEL COMPOSITE, INC.
Aerogel Composite has patented nanotechnology for the preparation of
aerogel composites for a wide variety of applications. Applications of
ACI’s Hyrogel™
carbon aerogel supported catalysts are planned to include hydrogen
powered stationary and mobile PEM fuel cells, direct methanol fuel cells
(DMFC) for portable electronic devices such as laptop computers and cell
phones, and other metal oxide aerogel supported catalyst for catalytic
converters for gasoline and diesel powered vehicles and other internal
combustion engines.
Aerogels are solid-state substances similar to gels but where the liquid
phase is replaced with gas. Aerogels have a highly dendritic tree-like
structure and rank among the world’s lowest
density solids. They have a remarkably high surface area and are very
porous and light. Their microstructure and physical properties can be
manipulated at the nanometer scale by selection of raw material and
modification of manufacturing conditions. Aerogel products can be
engineered to exhibit desired thermal, acoustic, mechanical and/or
chemical properties. Aerogel materials can be produced as monoliths,
thin-films, powders, or micro-spheres to respond to given application
requirements. Additional information on Aerogel is available online at www.aerogelcomposite.com.
About GS Carbon
GS Carbon Corporation (OTC Bulletin Board: GSCR) is a development stage
company that was founded to facilitate decarbonization in ways that
cost-effectively capitalize on the evolving carbon markets. GS Carbon’s
ambition is to affect reductions in the carbon intensity of energy
consumption by investing in carbon trading, developing and
commercializing advanced new decarbonization technologies, and by
developing and owning renewable energy production assets.
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
Carbon Corporation (f/k/a DirectView, Inc.), 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.
