GreenShift to Merge with GS CleanTech and GS Carbon

New York [] GreenShift Corporation announced its execution of an agreement to merge with GS CleanTech Corporation and GS Carbon Corporation. After the completion of this merger, and the pending merger transaction between GreenShift’s majority owned GS AgriFuels Corporation and GS Energy Corporation subsidiaries, GreenShift will have two majority-owned public subsidiaries, GS AgriFuels Corporation and GS EnviroServices Corporation, which are currently generating in excess of $30 million in sales and hold over 30 patents and pending patents for clean technologies.