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GSHF GreenShift's Prototype Tornado Generator(TM) Awarded Patent
Business Wire - December 1, 2005 9:24 AM (EDT)

MOUNT ARLINGTON, N.J., Dec 01, 2005 (BUSINESS WIRE) -- GreenShift Corporation (OTC Bulletin Board: GSHF) today announced that the early-stage prototype of one of the technologies used in certain applications of GreenShift's proprietary Tornado Generator(TM) technology was awarded patent protection this week.

GreenShift's Tornado Generator(TM) accelerates compressed air to supersonic speeds in a closed cyclonic chamber where the air is powerful enough to almost instantly grind, flash desiccate and atomize solid and liquid wastes and other materials into micron sized powders.

The patent was awarded for a device called the Windhexe that was invented by Kansas-based farmer and inventor, Frank Polifka, to improve the processing of agricultural wastes. The Windhexe is one of the more innovative implementations of the concept of harnessing the relative power of a tornado for use in industrial applications, and it is one of the technologies used in certain applications of GreenShift's proprietary Tornado Generator(TM) technology. GreenShift Industrial Design Corporation ("GIDC"), a wholly owned GreenShift company, holds an exclusive license for certain applications of the Windhexe.

The current generation of GreenShift's proprietary Tornado Generator(TM) is a completely contained system with no internal moving parts that is powered by compressed air. It can safely and cost-effectively and rapidly process a very broad array of wastes including agricultural wastes, septic wastes, municipal solid wastes, and construction and demolition wastes. In its most basic mode of operation, the Tornado Generator(TM) can simply be used to dramatically reduce the volume of targeted wastes by about 90%, as well as the associated transportation and disposal costs.

David Winsness, GIDC's chief executive officer, said that "The Windhexe patent is the culmination of the ingenuity and many years of hard work of Frank Polifka and he should be commended for inventing what we are convinced is a 'killer-app' green technology. The efficiency of a great many processes that seek to grind, shred, pulverize, atomize, mix, and/or dry solid or liquid media, and not just waste materials, can be improved with our technology. Pilot versions of the technology have been and continue to be tested in industries as diverse as food products manufacturing, coal processing, trash processing, sewage sludge processing, metal mining, agricultural waste processing. We intend to demonstrate its commercial viability in the immediate term as we surgically target and deploy sewage, trash, food products, consumer electronics, and debris management applications."

Videos of the Windhexe technology are available for viewing online at www.greenshift.com. To access the video, logon to the "Confidential Content" section of the GreenShift website and enter "TAZ0001" for both the User ID and the Password.

About GreenShift Corporation

GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.

BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.

GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:

-- Veridium Corporation (OTC Bulletin Board: VRDM);

-- INSEQ Corporation (OTC Bulletin Board: INSQ);

-- GreenWorks Corporation;

-- GreenShift Industrial Design Corporation;

-- Ovation Products Corporation;

-- Tornado Trash Corporation;

-- Mean Green BioFuels Corporation;

-- Ethanol Oil Recovery Systems, LLC;

-- Sterling Planet, Inc.;

-- TerraPass, Inc.;

-- Aerogel Composite, Inc.;

-- Air Cycle Corporation;

-- Electronic Scrap Recycling Corporation;

-- Coriolis Energy Corporation;

-- Hugo International Telecom, Inc.; and,

-- TDS (Telemedicine), Inc.

Additional information regarding GreenShift Corporation is available online at www.greenshift.com.

Safe Harbor Statement

This press release contains statements, which 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 GreenShift 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.

SOURCE: GreenShift Corporation

GreenShift Corporation
Jim Grainer, 973-398-8183
Fax: [phone]
[e-mail]
www.greenshift.com
or
CEOcast, Inc. for GreenShift Corporation
Ed Lewis, 212-732-4300