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WOW Veridium Corporation VRDM today
announced its new patent-pending technology for the conversion of
exhaust carbon dioxide from the fermentation stage of ethanol
production facilities back into new ethanol and biodiesel.
Earlier this year, Veridium announced its patented bioreactor
process for reducing greenhouse gas emissions from fossil-fuelled
combustion processes. The new technology is simple, robust and
scalable, and was designed to stimulate additional revenues for power
plant operators while decreasing plant emissions. Veridium's
bioreactor is based on a new strain iron-loving blue-green algae
discovered thriving in a hot stream at Yellowstone National Park. The
algae use the available carbon dioxide and water to grow new algae,
giving off pure oxygen and water vapor in the process. Once the algae
grow to maturity, they fall to the bottom of the bioreactor where the
algae can be harvested for other uses several times per day. One such
use is conversion into clean fuels such as ethanol and biodiesel.
Ethanol is made from starch-based feedstocks and biodiesel is made
from animal fats and vegetable oils. Corn, the primary feedstock for
ethanol production today, contains about 66% starch and 3-4% oil.
Veridium's new BioStarch Recirculation System(TM) routes exhaust
carbon dioxide from the fermentation stage of the ethanol production
process through Veridium's bioreactor where it is consumed by algae
that are comprised of about 94% starch and about 6% oil.
"The algae convert exhaust carbon dioxide and sunlight into
biomass," said David Winsness, chief executive officer of Veridium's
industrial design division. "This biomass is a very efficient
feedstock for ethanol production and is itself a concentrated source
of the primary ingredient of ethanol. It doubles in mass several times
per day - a rate much faster than plants, and it does all of this on a
footprint that is orders of magnitude less than the surface area
required for crops. That said, this technology is by no means a
replacement for crops. Traditional ethanol feedstocks are still
required to generate the quantities of carbon dioxide needed to make
our bioreactor effective."
Kevin Kreisler, Veridium's chairman, added that: "this is about
enhancing the efficiency of our domestic ethanol production
infrastructure and doing it as quickly as possible. Our goal here was
to increase ethanol production and plant profitability on reduced
capital and operating cost by using as much as possible of the plant's
existing infrastructure. We believe that we were successful in doing
so here and that appreciable gains in ethanol production are probable.
We are actively seeking an early adopter of the technology for our
first deployment to prove out our projected gains."
Veridium has already made significant gains in profitability
possible for ethanol producers with its patent-pending Corn Oil
Extraction Systems(TM) by extracting corn oil, which is an excellent
biodiesel feedstock, from an ethanol production by-product called
distillers dried grain.
The 6% oil contained in the algae used in Veridium's new BioStarch
Recirculation System(TM) is also expected to further increase the
production of oil from Veridium's Corn Oil Extraction System(TM). This
results in the production of increased volumes of high grade biodiesel
feedstocks from each host ethanol facility, increased profitability
for host ethanol facilities, and increased revenues for Veridium.

About Veridium's Corn Oil Extraction System(TM)

Currently, the majority of ethanol production is based on a dry
milling technique that utilizes more than 1 billion bushels of corn to
produce 3 billion gallons per year of ethanol (Fuel #1). The dry mill
process converts the starch from the kernel of corn into sugar and
then the sugar into ethanol. The balance of the corn (non-starch
components) then goes through a dewatering and dehydration process
where the byproduct is sold as a commercial feed ingredient called
distillers dried grain ("DDG"). DDG contains the majority of the corn
oil that was present in the kernel. Today, the 1 billion bushels of
corn currently used in the dry mill ethanol process contain roughly
300 million gallons of corn oil that is currently sold for about $0.03
per pound as commercial feed. The new Veridium technology presents
another option - cost effective conversion into Biodiesel (Fuel #2).

Veridium's Corn Oil Extraction System(TM) offers the following
compelling benefits for ethanol producers:

-- Low Operating Costs - the system requires less than $0.05 per
gallon of corn oil produced;

-- High Recovery Rates - the technology is capable of recovering
up to 75% of the corn oil within the DDG;

-- Increased Revenue - the corn oil extracted with Veridium's
technology is readily amenable to refining into biodiesel fuel
which creates a new revenue stream for participating ethanol
facilities;

-- Reduces Current Operating Costs and Emissions - Veridium's
technology improves the drying efficiency of the DDG which in
turn reduces overall plant operating costs and emissions; and,

-- Low Capital Cost - Veridium's oil extraction methods have a
capital cost of less than 15% of traditional corn oil
extraction methods.

Pictures and video of the new Veridium technology are available
online at www.meangreenbiofuels.com - this system is in use today and
efficiently recovers corn oil from concentrated thin stillage.

About Veridium Corporation

Veridium Corporation (OTC Bulletin Board: VRDM) is a publicly
traded industrial waste recycling company and holds the rights to more
than a dozen proprietary universal processing, water purification,
emissions control and waste recycling technologies.

Veridium's business model is based on the engineering and
marketing of green innovations and processes that enhance
manufacturing efficiencies, improve resource utilization and minimize
waste. Veridium's mission is to deliver consumer oriented Natural
Solutions(TM) based on an array of green technologies and applied
engineering expertise that reduce waste at the source and make it
easier for people and businesses to recycle and reuse resources.
Veridium plans to focus on the continued acquisition, development and
marketing of benchmark green technologies and products that accomplish
the following key goals:

-- Reduce the volume of waste generated by residential and
commercial consumers;

-- Increase the convenience and decrease the cost of recycling by
residential and commercial consumers; and,

-- Increase the cost-efficiency of processing certain types of
industrial wastes.

Veridium is about 65% owned by GreenShift Corporation (OTC
Bulletin Board: GSHF), 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.

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 Veridium 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.



KEYWORD: NORTH AMERICA NEW JERSEY UNITED STATES
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OIL/GAS MANUFACTURING CHEMICALS/PLASTICS NATURAL RESOURCES ENVIRONMENT PRODUCT/SERVICE
SOURCE: Veridium Corporation


CONTACT INFORMATION:
Veridium Corporation
Investor Relations, 888-870-9197, Extension 291
Fax: [phone]
[e-mail]
www.veridium.com
or
CEOcast, Inc. for Veridium
Ed Lewis, 212-732-4300