GreenShift introduces new process technology
using supersonic air to atomize wastes
Mount Arlington, NJ— GreenShift
Corporation announced the execution by its wholly-owned subsidiary,
GreenShift Industrial Design Corporation (GIDC), of an Exclusive
License Agreement with Vortex Dehydration Technology, LLC (VDT),
for certain applications of VDT’s patented and patent-pending
The Windhexe technology 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.
Invented by Kansas based farmer
and inventor, Frank Polifka, the Windhexe is robust and cost-efficient
enough to process most conventional wastes at both centralized
disposal facilities and decentralized point-sources. The Windhexe
is also capable of direct implementation in manufacturing, mining,
and refining processes.
Under the terms of the license
agreement, GIDC has been granted certain exclusive rights in return
for the payment to VDT of a one-time license fee of 1,000,000
shares of restricted GreenShift common stock, and royalty fees
equal to 3% of all gross revenue GIDC generates from the Windhexe.
is to make it easy and cost-effective for people and businesses
to reduce waste and recycle more. This concept is the basis of
many of our development plans, and it is the reason why we formed
GreenShift Industrial Design,” said Kevin Kreisler, GreenShift’s
chairman and chief executive officer.
“Our view is that the Tornado
Generator is another ‘killer-app’ green technology,”
added Kreisler. “It is capable of reducing the volume of
trash by upwards of 90%. It separates petroleum hydrocarbons and
other organics from contaminated soils in a nearly instantaneous
process that returns clean dirt to the land and allows the organic
wastes to be recovered conventionally. And, it flash desiccates
and reduces the volume of septic, industrial and hazardous sludges
by as much as 80%. While there are many other examples, GIDC will
be focusing on a few specific processes that we feel are likely
to result in cash flows.”
GIDC initially plans to target
key waste and other industrial processing facilities for rapid
deployment of specific applications of the Tornado Generator bundled
with GIDC’s other licensed technologies, such as Ovation
Products Corporation’s patented water purification technology.
Under the terms of the License
Agreement, and subject to certain exclusions, GIDC has been granted
exclusive rights for certain applications of the Windhexe relating
to the GreenShift Applications, or any and all use relating to
- Wastes that are hazardous
or otherwise harmful to human and animal health and the environment;
- Wastes that are water and/or
wastewater (including sedimentary and/or septic material);
- Wastes that are partially used
or discarded metals, chemicals, fuels, plastics, composites,
glass, paper, food products and electronics; and
- Wastes that are or derive from mining waste
The extraction, processing, separation
and/or refining of wastes and/or commodities that are solids,
liquids and gases.
All applications relating to
the use of the Windhexe in the provision of design and engineering
or other services relating to the use of same.
Additional information regarding
GreenShift Corporation is available online at www.greenshift.com.