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[lotte123]

Schaut euch die Aktie an.

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[posting]20.498.673 von lotte123 am 03.03.06 22:57:00[/posting]Brauch ich mir nicht anschauen. Hab ich schon. Schaut euch lieber mal GZFX an. Letzte Chance am Montag unter 0,01 reinzukommen.

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kürzel für berlin : BHD

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GreenShift`s Tom Scozzafava Appointed Trustee of New York Power Authority


NEW YORK--(BUSINESS WIRE)--March 2, 2006--

GreenShift Corporation (OTC Bulletin Board: GSHF) today announced that its Vice President of Acquisitions, Thomas W. Scozzafava, has been appointed to the Board of Trustees to the New York State Power Authority ("NYPA"). The appointment came Tuesday following the confirmation by the New York State Senate of New York Governor George E. Pataki`s nomination.

A release issued by NYPA stated, "We`re looking forward to the contribution that Tom Scozzafava ... will make in helping to oversee the Authority and its state-wide operations," said Timothy S. Carey, NYPA president and chief executive officer. "Governor Pataki recognized the diverse background in energy, economic development and the environment that Tom ... will draw upon in naming (him) to our board. Power Authority Chairman Joe Seymour and I are delighted that the state Senate has approved (his) nomination." In addition to Mr. Scozzafava, Bob Moses` appointment as Trustee to NYPA was also confirmed by the Senate.

A native of St. Lawrence County, Mr. Scozzafava has over 13 years in venture capital and leveraged buyouts and has extensive capital markets experience. Most recently Mr. Scozzafava founded and served as CFO of WiseBuys Stores, Inc., a chain of retail stores with sales of over $23 million since its 2003 inception. From 1997 until 2002, Mr. Scozzafava was a Director of Prudential`s Merchant Banking Group where he helped find, evaluate, negotiate, and structure leveraged buyouts of companies in industries that included telecommunications, media, business services, and manufacturing industries. Mr. Scozzafava also held a senior management position at Prudential`s employee limited partnerships where he completed approximately 40 venture capital and LBO investments. Mr. Scozzafava was responsible for all public market securities acquisitions and dispositions, which included over $30 million in transactions with profits approaching $15 million that helped generate Fund returns in excess of 40% per year during this period.

From 1995 until 1997, Mr. Scozzafava was an Analyst in Lehman Brothers` Merchant Banking Group where he analyzed leveraged buyout and growth equity investments. From 1992 until 1995 Mr. Scozzafava was a financial analyst with GE Capital Corporation, where he completed the company`s Financial Management Program. At GE Investments Mr. Scozzafava analyzed private equity investments, and at GE`s Kidder Peabody unit he reviewed proprietary equity derivative and convertible bond models and analyzed the firm`s equity derivative exposure.

Mr. Scozzafava received a Bachelor of Arts cum laude with concentrations in economics and mathematics with Honors distinction from Hamilton College in 1992. During this period Mr. Scozzafava held capital market positions at Tucker Anthony and Merrill Lynch in New York City.

Mr. Scozzafava recently joined GreenShift as its vice president of acquisitions and strategic investments where he has spearheaded the development of GreenShift`s clean fuels initiatives at GreenShift`s various portfolio companies, including Veridium Corporation (OTC Bulletin Board: VRDM), INSEQ Corporation (OTC Bulletin Board: INSQ), and Mean Green BioFuels Corporation.

About GreenShift Corporation

GreenShift Corporation (OTC Bulletin Board: GSHF) is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.

BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding. GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. Additional information regarding GreenShift is available online at www.greenshift.com.

Safe Harbor Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Source: GreenShift Corporation

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