GreenShift Corporation (OTC Bulletin Board: GERS) announced today that its wholly-owned subsidiary, GS CleanTech Corporation, has filed a legal action in the United States District Court (Southern District of New York) against GEA Westfalia Separator, Inc. and others in the industry for infringing on GreenShift?s U.S. patent covering corn oil extraction technology.
The complaint alleges that GEA Westfalia Separator, Inc. and others in the industry infringed U.S. Patent No. 7,601,858, titled "Method of Processing Ethanol Byproducts and Related Subsystems
The '858 Patent covers processes for recovering corn oil by evaporating, concentrating and mechanically processing thin stillage, a precursor to the distillers grain co-product of corn ethanol production (?DDGS?).
These benefits laid dormant for the 24 years that preceded GreenShifts invention of extraction technology. It is GreenShift's opinion, as outlined in the pleadings, that Westfalia, seven years after it started offering equipment to the ethanol industry, and well after we introduced the market to the benefits of corn oil extraction, took to trivializing our innovations as they solicited and induced many in the ethanol industry into using our now patented technology well after our patent applications were published. GreenShift will protect its investment in its intellectual properties.
See Rest of Article Here:
http://www.direktbroker.de/news-kurse/details/International-News/Corporation++-+GreenShift+File/20605066
and here:
http://www.ad-hoc-news.de/corporation-greenshift-files-infringement-lawsuit-against--/de/Unternehmensnachrichten/20605066
Looking for a positive view on GERS?- look at this!
http://www.hotstocked.com/article/1693/greenshift-corporation-otcbb-gers-will-go-up.html
SkunK
Thursday, October 15, 2009
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