Veridium to Showcase New Recycling Technologies at International Poultry Expo Wednesday January 25, 8:09 am ET
NEW YORK--(BUSINESS WIRE)--Jan. 25, 2006--Veridium Corporation (OTC Bulletin Board: VRDM - News) today announced its plans to showcase its new Dissolved Air Flotation ("DAF") sludge recycling and Tornado Generator(TM) technologies at the 2006 International Poultry Expo this week in Atlanta, Georgia.
Veridium's new business model is based on the engineering and marketing of green innovations and processes that enhance manufacturing efficiencies, improve resource utilization and minimize waste.
Veridium intends to provide targeted clients with turn-key processing systems based on Veridium's technologies for no up-front cost in return for fixed annuitized charges based on a percentage of the client's ongoing savings. Veridium will also joint venture with qualified pre-revenue and early stage projects where Veridium will provide its technologies and ongoing engineering, operational, and management services in return for substantial profit participation.
While the applications for Veridium's technologies extend across many industries, Veridium's first target is livestock and poultry processing facilities. Veridium's proprietary DAF sludge processing and Tornado Generator(TM) technologies can quickly enable significant improvements in process efficiencies for these facilities.
David Winsness, president and chief operational officer of Veridium's new technology division, said that "By reducing inefficiencies for livestock and poultry processing facilities, we are helping our clients to reduce their consumption of virgin natural resources and their waste disposal expenses, as well as the impact on the environment of that disposal. We are excited to offer our technologies and process enhancements to livestock and poultry processing facilities and we look forward to presenting our capabilities at the International Poultry Expo."
Dissolved Air Flotation Sludge Recycling
Veridium's proprietary DAF sludge processing technology that effectively reduces the volume of DAF sludge by 80% while recovering the majority of the animal fats contained in the waste of livestock and poultry processing facilities. Poultry processing facilities alone generate an estimated 500 million gallons per year of this sludge. Our technology enables livestock and poultry processing facilities to dramatically reduce the volume of sludge they are shipping and disposing. This translates to reduced costs and increased profitability for livestock and poultry processing facilities.
Tornado Generator(TM)
Veridium's Tornado Generator(TM) accelerates compressed air to supersonic speeds to instantly grind, flash desiccate and atomize solid and liquid wastes and other materials into micron sized powders. The Tornado Generator(TM) is robust and cost-efficient and is capable of direct implementation in many industrial processes. The technology is currently installed at Protein Solutions, LLC, located in Joplin, Missouri, where the technology effectively processes and dehydrates poultry products into highly nutritional and shelf stable products. This system operates 24 hours per day, 5 days per week to produce high quality animal fats, chicken broth and dehydrated poultry proteins, and reduces waste and increases profit.
About Veridium Corporation
Veridium Corporation (OTC Bulletin Board: VRDM - News) is a publicly traded industrial waste recycling company and holds the rights to more than a dozen proprietary universal processing, water purification, emissions control and waste recycling technologies.
Veridium's business model is based on the engineering and marketing of green innovations and processes that enhance manufacturing efficiencies, improve resource utilization and minimize waste. Veridium's mission is to deliver consumer oriented Natural Solutions(TM) based on an array of green technologies and applied engineering expertise that reduce waste at the source and make it easier for people and businesses to recycle and reuse resources. Veridium plans to focus on the continued acquisition, development and marketing of benchmark green technologies and products that accomplish the following key goals:
* Reduce the volume of waste generated by residential and commercial consumers; * Increase the convenience and decrease the cost of recycling by residential and commercial consumers; and, * Increase the cost-efficiency of processing certain types of industrial wastes.
Veridium is approximately 65% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), 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.
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. |