GreenShift Releases Video of Prototype Tornado Brand Generator
MOUNT ARLINGTON, New Jersey GreenShift Corporation (OTC Bulletin Board: GSHF) today announced its release of footage of an early-stage prototype of one of the technologies used in certain applications of GreenShift's proprietary Tornado Generator(TM) technology.
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 videos, which were made available on GreenShift's website today, www.greenshift.com, are brief clips of a device called the Windhexe in action several years ago. Invented by Kansas-based farmer and inventor, Frank Polifka, to improve the processing of poultry 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.
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.
Kevin Kreisler, GreenShift's chairman and chief executive officer, said that "We believe, when properly channelled, that the natural dynamics of a contained tornado system have the potential to enable transformative environmental gains. The physics of this technology are pretty amazing and we continue to be very impressed by its application potential. We hope you enjoy watching the raw power of the original Windhexe technology in action in the video footage on our website, and we look forward to providing additional updates soon on the status of the current generation of the technology."
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.
Systems based on the Tornado Generator(TM) can be rapidly deployed for use in the cost-effective management of debris under emergency or other conditions. A mobile system based on the technology is currently in development for deployment in the gulf coast region to demonstrate the dramatic capabilities of the technology.
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;
-- Ovation Products Corporation;
-- Tornado Trash Corporation;
-- Mean Green BioFuels Corporation;
-- GreenShift Industrial Design Corporation;
-- Coriolis Energy Corporation;
-- Sterling Planet, Inc.;
-- TerraPass Inc.; and,
-- TDS (Telemedicine), Inc.;
In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Source: Business Wire, GreenShift Corporation