GreenShift Sues Pacific Ethanol for Patent Infringement
June 04 2013 - 9:18AM
Business Wire
GreenShift Corporation (OTCQB: GERS) today announced that its
wholly-owned subsidiary, GS CleanTech Corporation, has filed suit
against Pacific Ethanol, Inc., in the Eastern District of
California for infringement of GreenShift’s patented corn oil
extraction processes.
GreenShift will continue to defend against all infringement of
its corn oil extraction patents to protect the competitive
advantage of its licensed ethanol plants.
GreenShift’s technical services staff are available at
888-ETHANOIL or sales@greenshift.com to respond to quotation
requests and to answer any questions about GreenShift’s corn oil
extraction and other technologies.
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.
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 GreenShift Corporation and members of its
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.
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