Alpharetta, GA, October 27, 2014 – GS CleanTech Corporation, a wholly owned subsidiary of GreenShift Corporation (OTCQB: GERS), today announced that on October 23, 2014 the District Court in Indiana ruled in favor of the defendants on their motions for summary judgment against the corn oil extraction patents that have been issued to GS CleanTech. GreenShift strongly disagrees with the Judge's ruling and intends to mount a vigorous appeal. It is important to note that all patents remain valid until the appeals process is exhausted. This may be an initial victory to GreenShift's opponents, but as the inventors of the corn oil extraction process that has been adopted by the vast majority of ethanol plants, GreenShift expects to ultimately prevail.
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.
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