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T O P I C     R E V I E W
snio  - posted
.01 soon
 
snio  - posted
Breakout

 -
 
snio  - posted
News

Sterling Planet Supplies 18 Million kWh of Wind Energy Credits to National Envelope
Business Editors / Environment Writers

NEW YORK--(BUSINESS WIRE)--Aug. 21, 2006-- National Envelope, the world\\'s largest envelope manufacturer has signed a multi-year contract with Sterling Planet for the purchase of 18 million kilowatt hours of Renewable Energy Credits from wind energy projects located nationwide.

Wind energy is the fastest growing source of electricity in the USA. The National Envelope purchase serves to avoid the release from conventional electricity generation of approximately 25,056,000 pounds of carbon dioxide, the leading greenhouse gas. The environmental benefit compares to not taking nearly 10,000 drives between Los Angeles and New York City.

With this purchase, National Envelope gains entry into the Environmental Protection Agency\\'s Green Power Partnership and its Green Power Leadership Club. To become a Partner, organizations replace a portion of their annual electricity consumption with green power. The Green Power Leadership Club further honors Green Power Partners that have made an exemplary green power purchase that significantly exceeds minimum Green Power Partnership purchase requirements.

National Envelope has a long-standing commitment to the environment, environmentally-sound products and eco-friendly business practices. For example, National Envelope is the first and only envelope converter in the United States to be certified to produce envelopes, announcements, and greeting cards that are accepted as meeting the standards of the Forest Stewardship Council and the Sustainable Forestry Initiative(R) program.

"This purchase of wind credits from Sterling Planet demonstrates our focus on being a good corporate citizen," says Nathan Moser, CEO. "We selected Sterling Planet as our provider because we were looking for the greatest value that would enable us to do our part for the environment while continuing to deliver the best quality envelopes at the lowest cost."

Renewable Energy Credits, also known as RECs, represent the environmental benefits of generating electricity by use of renewable energy sources such as the wind and sun. RECs are sold separately from the electrical output of renewable energy projects and are available to residential and non-residential customers nationwide through Sterling Planet, the nation\\'s leading retail provider of renewable energy.

Sterling Planet caters to the needs of large corporations seeking to purchase RECs in large volume with economical multi-year pricing, while also serving residential customers nationwide. "We commend National Envelope, a visionary company with steadfast support of environmental causes, as shown through this major commitment to renewable energy," says Mel Jones, Sterling Planet\\'s President and Chief Executive Officer. "We encourage other corporate citizens to follow National Envelope\\'s example of stewardship."

About National Envelope Corporation

National Envelope is the largest envelope company in the world. Servicing the country with 21 manufacturing facilities coast-to-coast which operate utilizing the most technologically advanced folding, printing, and prepress equipment, National offers its customers unparalleled product selection and service. The company is the official converter for every major North American paper company as well as some of Europe\\'s most prestigious mills. In addition to a full selection of envelopes, the company also offers a full range of announcement and greeting products. With over 3 billion envelopes in stock and a base of over 600 folding machines, National Envelope sets the standard for the envelope manufacturing industry.

About Sterling Planet, Inc.

Sterling Planet is the nation\\'s leading retail provider of solar, wind and other clean, renewable energy through direct sales and electric utility partnerships. Sales to date have created environmental benefits comparable taking 613,500 cars off U.S. roads for a year. Founded in 2000, Sterling Planet was the first company to offer RECs (Renewable Energy Credits) to every U.S. home and business as a way to support sustainable energy production that benefits the environment, the economy and society in general. Today, Sterling Planet has 304 large commercial and industrial clients nationwide, including 31 utility partners in Connecticut, Florida, Massachusetts, New Jersey, New York and elsewhere. The company is also exploring emerging clean energy markets, maintaining a focus on businesses, universities, government clients and other companies seeking LEED credits for green building certification.

Sterling Planet is a division of GS Energy Corporation (OTC Bulletin Board: GSEG), an integrated clean energy company that was founded to facilitate the more efficient use of traditional sources of energy and the increased production and use of renewable sources of energy.

Safe Harbor Statement

This press release contains statements that 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 GS Energy 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.

KEYWORD: NORTH AMERICA NEW YORK UNITED STATES INDUSTRY KEYWORD: ENERGY UTILITIES MANUFACTURING NATURAL RESOURCES ENVIRONMENT CONTRACT/AGREEMENT SOURCE: GS Energy Corporation

CONTACT INFORMATION: Sterling Planet, Inc. Phone: 877-457-2306 info*sterlingplanet.com or National Envelope Corporation Rick Huntoon, 972-731-1100 rhuntoon*natenv.com or GS Energy Corporation Investor Relations: CEOcast, Inc. Andrew Hellman, 212-732-4300 or Public Relations: Walek & Associates Deborah McCandless, 212-590-0523 Fax: 212-889-7174 dmccandless*walek.com http://www.walek.com
 
JW  - posted
Is this drop "filling the gap"?
Can someone explain this?
Thanks
 
MoneyMaker2006  - posted
K saying it is going to .01 what makes you think this.. by saying a number and giving no explanation and just posting news that everyone can see doesnt help much..

If you are going to post make them mean something
 
JW  - posted
Showing a nice profit:

http://finance.yahoo.com/q/is?s=gseg.ob
 
JW  - posted
More good news:

Press Release Source: GS Energy Corporation

GS Energy Announces Formation of Carbon Trading Unit
Wednesday September 6, 8:00 am ET

NEW YORK--(BUSINESS WIRE)--Sept. 6, 2006--GS Energy Corporation (OTC Bulletin Board: GSEG - News) today announced its formation of a carbon trading division to focus on the increased development of GS Energy's renewable energy certificate, energy efficiency certificate, carbon and other emissions credit trading businesses.

ADVERTISEMENT
The new division, GS Carbon Trading, Inc., will trade and sell renewable energy certificates ("RECs"), or Green Tags, and energy efficiency certificates ("EECs"), or White Tags, as well as emissions credits and other similar attributes.

Green Tags enable retail residential and non-residential consumers to purchase green, or environmentally friendly, energy through their existing utility and offset reliance on power generated from fossil fuel sources. Green Tags are the intangible environmental benefits associated with generating one megawatt hour ("MWh") of electric energy from a renewable resource such as biomass, sunlight, and wind. Green Tags don't require the energy to be physically delivered to the buyer, but instead offset the difference between cost of the renewable power and power from fossil energy sources and can be used by consumers regardless of whether or not their local utility has access to green power generation.

White Tags are similar to Green Tags except they represent one MWh of electricity savings due to the use of energy conservation methods and equipment. White Tags are determined through precise calculations of energy savings derived from conservation measures, such as the use of more efficient lighting, heating and cooling. GS Carbon's Sterling Planet group is pioneering the U.S. market for White Tags with its state-of-the-art technology with advanced mathematical techniques and neural network algorithms to establish accurate (greater than 99.9%), scalable and cost-effective processes for the measurement, verification and certification of White Tags.

Importantly, Green Tags and White Tags can be used to favorably impact the economics of renewable energy generation and energy conservation projects by monetizing reduced carbon emissions.

Carbon Trading

The Green Tag market is expected to grow from about $250 million to nearly one billion dollars per year by 2010. In addition, the new White Tag market is emerging as a potentially far larger market. Presently, these markets are characterized by fragmented brokerage-driven transactions. The growth and increasing liquidity of these markets is creating valuable opportunities for trade-driven transactions that capitalize more efficiently on changing market conditions.

"GS Energy's carbon trading group was founded to specifically focus on building a trading business that effectively capitalizes on the evolving carbon markets while facilitating decarbonization," said Kevin Kreisler, GS Energy's chairman and chief executive officer. "We intend to provide GS Carbon with the necessary capital, management and other resources necessary to meet this goal in the immediate term in ways that do not interfere with the development of GS Energy's planed power production facilities and ongoing manufacturing services."

GS Energy also announced its plans today to take GS Carbon public in a reverse merger or similar transaction with a compatible public company on or before October 1, 2006.

About GS Energy Corporation

GS Energy Corporation (OTC Bulletin Board: GSEG - News) is an integrated new energy production company whose mission is to facilitate the more efficient use of traditional sources of energy and the increased production and use of renewable sources of energy. Additional information on GS Energy and its business model is available online at www.gs-energy.com.

Safe Harbor Statement

This press release contains statements that 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 GS Energy 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.


Contact:

GS CleanTech Corporation
Phone: 212-994-5374
Fax: 646-572-6336
investorrelations*gs-energy.com
www.gs-energy.com
or
Investor Relations:
CEOcast, Inc.
Andrew Hellman, 212-732-4300
or
Public Relations:
Walek & Associates
Deborah McCandless, 212-590-0523
Fax: 212-889-7174
dmccandless*walek.com
www.walek.com

Source: GS Energy Corporation
 
JW  - posted
Press Release Source: GS Energy Corporation

GS Energy Announces Bioenergy Program
Monday September 11, 9:53 am ET

NEW YORK--(BUSINESS WIRE)--Sept. 11, 2006--GS Energy Corporation (OTC Bulletin Board: GSEG - News) today announced its plans to build, own and operate biomass-derived energy facilities co-located at renewable fuel production facilities, specifically facilities with biomass gasification capabilities.

ADVERTISEMENT
Among the first of GS Energy's planned projects is a site expected to be co-located at an Integrated Multi-Fuels ("IMF") facility in Memphis, Tennessee that GS Energy's sister company, GS AgriFuels, is currently developing.

According to a recent announcement, GS AgriFuels intends to use standard fuel production technologies and a number of proprietary technologies, including innovative pre-treatment, process intensification, gasification, catalytic, and carbon capture technologies, synergistically at small-scales to enable the refining of many forms of biomass into clean fuels, including biodiesel and ethanol.

Importantly, the synthesis gas output of GS AgriFuels' biomass gasifier can be used to generate heat and power with specially designed power generation and heat transfer facilities that GS Energy intends to build, own and operate co-located at GS AgriFuels' facilities.

Combined Heat & Power

Gas fired generators convert their available energy into electricity and heat. Conventional power plants typically do not capture waste heat and are between 40% and 50% efficient. Cogeneration, or combined heat and power ("CHP"), facilities capture excess heat and can reach efficiencies of about 90%.

In addition to generating power from biomass-derived synthesis gases, GS Energy is designing its first plants to be CHP facilities that will capture the waste heat from the combustion of these gases. The waste thermal energy is expected to be used to generate steam and additional power, or to offset the need for heat in a production process at GS Energy's host site.

GS Energy expects to produce and sell power first to GS Energy's host-sites to offset their consumption needs and then to the grid. Any renewable energy certificates and other emissions credits produced by GS Energy will be marketed through GS Energy's majority-held carbon trading subsidiary, GS Carbon.

GS Energy and GS AgriFuels Corporation (OTC Bulletin Board: GSGF - News) are both majority-held subsidiaries of GreenShift Corporation (OTC Bulletin Board: GSHF - News), a company devoted to facilitating the efficient use of natural resources.

About GS Energy Corporation

GS Energy Corporation (OTC Bulletin Board: GSEG - News) is an integrated new energy production company whose mission is to facilitate the more efficient use of traditional sources of energy and the increased production and use of renewable sources of energy. Additional information on GS Energy and its business model is available online at www.gs-energy.com.

GS Energy recently announced its plans to take its majority-held carbon trading subsidiary, GS Carbon, public on or before October 1, 2006, by transferring 100% of GS Carbon to DirectView, Inc. (OTC Bulletin Board: DRVW - News) in return for the issuance by DirectView to GS Energy of about 85% of DirectView's issued and outstanding stock.

Safe Harbor Statement

This press release contains statements that 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 GS Energy 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.


Contact:

GS Energy Corporation
212-994-5374
Fax: 646-572-6336
investorrelations*gs-energy.com
www.gs-energy.com
or
Investor Relations:
CEOcast, Inc.
Andrew Hellman, 212-732-4300
or
Public Relations:
Walek & Associates
Deborah McCandless, 212-590-0523
Fax: 212-889-7174
dmccandless*walek.com
www.walek.com

Source: GS Energy Corporation
 



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