INSEQ Agrees to Manufacture Ethanol Production Equipment for

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August 24th, 2005

INSEQ Agrees to Manufacture Ethanol Production Equipment for Crude Corn Oil Company

INSEQ Corporation (OTC Bulletin Board: INSQ) has entered into an agreement to manufacture crude corn oil extraction systems for Ethanol Oil Recovery Systems, LLC (EORS). The order is valued at over $30 million over the next 24 months. The systems sell for $1 million each, and EORS is expected to need over 30 systems over the same 24-month period. Shipments of the systems is expected to commence in the fourth quarter of 2005.

EORS plans to use the equipment in a process that is central to the steps required in the conversion of crude corn oil to biodiesel fuels. EORS and INSEQ are owned in part by GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation focused on the environment and renewable energy technologies.

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