Ft. Lauderdale, FL 6/15/2010 2:25:00 AM
News / Business

GreenShift Corporation Executes License Agreement with United Ethanol, LLC

GreenShift Corporation (OTCBB: GERS) has entered a license agreement with United Ethanol, LLC for the use of GreenShift’s patented corn oil extraction technologies. The corn oil extraction technology will be used at United Ethanol’s 50 million gallon ethanol plant in Milton, Wisconsin.

 

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In addition, GreenShift and United Ethanol have entered into a development services agreement under which GreenShift will provide equipment and services related to the engineering, construction and ongoing operation of the Company’s patented corn oil extraction facility at United Ethanol’s facility.

 

GreenShift Corporation (OTC Bulletin Board: GERS) develops and commercializes clean technologies designed to address the financial and environmental needs of its clients by decreasing raw material needs, facilitating co-product reuse, and reducing the generation of wastes and emissions.

 

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