GreenShift Corporation is pleased to announce that Illinois Corn Processing LLC (“ICP”) of Pekin, Illinois, has executed an installation and licensing agreement with GreenShift for its proven Corn Oil Extraction System. ICP is now the thirty-second ethanol plant to license GreenShift’s patented technology.

Under the terms of the agreement, GreenShift will design and construct a new corn oil extraction system, to be completed this Spring, for ICP at its ethanol plant in Pekin. ICP will be using an Alfa Laval Disc Stack Centrifuge for maximum performance and up time of the integrated, automated system. Also included in the licensing agreement will be ongoing technical support provided by GreenShift to maximize the performance and benefits of corn oil extraction for ICP.

GreenShift CorporationChris KennedyPhone: 770-886-2734Fax: 770-886-2738investorrelations@greenshift.comwww.greenshift.com

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