GreenShift Patent Fast Tracked!

GreenShift Patent Application Accepted into Accelerated Green Technology Pilot Program:

". . . the U.S. Patent and Trademark Office ("PTO") has accepted one of GreenShift's pending corn oil extraction patent applications into the PTO's Green Technology Pilot Program for accelerated review."

David Winsness, GreenShift's Chief Technology Officer, said, "We have many patent applications pending covering processes that build on our existing patent portfolio for improving the profitability of corn ethanol facilities. We are pleased that one of our pending applications has been accepted into this important and timely program. We look forward to additional opportunities to deliver our clients the powerful cost advantages made possible by our patented technologies."

See It Here and Here
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Here is the Program Details
“American competitiveness depends on innovation and innovation depends on creative Americans developing new technology,” U.S. Commerce Secretary Gary Locke said. “By ensuring that many new products will receive patent protection more quickly, we can encourage our brightest innovators to invest needed resources in developing new technologies and help bring those technologies to market more quickly.”

Patent applications are normally taken up for examination in the order that they are filed. The average pendency time for applications in green technology areas is approximately 30 months to a first office action and 40 months to a final decision. Under the pilot program, for the first 3,000 applications related to green technologies in which a proper petition is filed, the agency will examine the applications on an accelerated basis.

SkunK