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GS CleanTech Chief Operating Officer Interviewed By PoultryCast
GS CleanTech Corporation (OTC Bulletin Board: GSCT) today announced that president and chief operating officer David Winsness was interviewed by PoultryCast.
The July 21, 2006 interview, which is available online at www.poultrycast.com, focused on GS CleanTech's proprietary animal fat recycling technologies, including GS CleanTech's dissolved air floatation, or DAF, sludge oil extraction system.
"GS CleanTech specializes in using innovative new clean technologies and applied process engineering to help our clients use resources more efficiently," said Winsness. "Our DAF oil extraction technology is designed to accomplish this for meat and poultry processing facilities."
Dissolved Air Flotation Sludge
About 100 million pigs, 35 million cattle, 1.6 billion turkeys, and 8 billion chickens are slaughtered and processed each year in the United States. This contributes to the nation's meat and poultry supply and involves the activities of farms, slaughterhouses, and by-product disposal companies. Virtually every portion of the processed animals are used in edible food products, pet food or commercial feed.
The USDA requires facilities that process these meats to use large volumes of clean water to continuously rinse the meats as they are cut and packaged. The derivative large volumes of water contain extremely high levels of protein and fat. These nutrients are removed from the wastewater using conventional but highly efficient wastewater processing methods. This results in a cleaned wastewater and a concentrated sludge, which is called Dissolved Air Flotation sludge. The poultry industry alone generates in excess of 2.5 billion pounds or more than 63,000 tanker loads per year of DAF sludge.
The conventional practice among the more than 500 livestock and poultry processing facilities in the industry is to transport and dispose DAF sludge through land application.
Winsness added: "Land application of DAF sludge costs an average poultry processor about $0.02 per pound or up to about $10,000 per week. We can reduce these costs for the processor by about 80% by extracting the fat contained in the DAF sludge, which we then purchase from the processor at a price indexed off of the price of diesel fuel. Our technology both increases revenue and reduces cost for the processor."
GS CleanTech's pricing model for its DAF oil extraction technology is based on GS CleanTech's provision of turn-key systems for no up-front cost in return for long-term agreements to purchase the extracted animal fat. GS CleanTech then sells the fat to its sister company, GS AgriFuels, for conversion into biodiesel.
About PoultryCast
PoultryCast is an audio program designed to meet the needs of today's poultry professional. PoultryCast focuses on production practices, environmental stewardship, animal welfare and other relevant issues. Additional information on PoultryCast is available online at www.poultrycast.com.
About GS AgriFuels Corporation
GS AgriFuels Corporation (OTC Bulletin Board: HGOT) was founded to produce and sell clean fuels from agriproducts in innovative new ways that efficiently leverage America's current fuel production and distribution infrastructure while empowering consumers to save money, reduce pollution and contribute to energy independence.
About GS CleanTech Corporation
GS CleanTech Corporation (OTC Bulletin Board: GSCT) provides applied engineering and industrial design services based on clean technology and process innovations that make it cost-effective and easy to recycle and reuse resources.
Both GS CleanTech and GS AgriFuels are majority-owned subsidiaries of GreenShift Corporation (OTC Bulletin Board: GSHF), a company devoted to facilitating the efficient use of natural resources.
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 GS CleanTech 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.
GS CleanTech Corporation, 888-895-3585
Fax: 646-572-6336
investorrelations@greenshift.com
www.greenshift.com
or
Investor Relations:
CEOcast, Inc.
Andrew Hellman, 212-732-4300
or
Public Relations:
Walek & Associates
Deborah McCandless, 212-590-0523
Fax: 212-889-7174
dmccandless@walek.com
www.walek.com
Source: Business Wire (July 25, 2006 - 9:40 AM EDT)
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