Carbonics Taps Dr. Paul Miller for CEO

NEW YORK--(Business Wire)--
The Board of Directors of Carbonics Capital Corporation (OTCBB: CICS) has
appointed Paul T. Miller, Ph.D. to the position of president and chief executive
officer.

Prior to his acceptance of the position of president and CEO of Carbonics, Dr.
Miller was the founder and president of Sustainable Systems, an oilseed
processing facility specializing in the production of high oleic vegetable oils
for food applications. Dr. Miller has a hands-on understanding of the challenges
faced by early stage development projects and companies including diverse
experience in finance, sales, marketing, product development and operations. Dr.
Miller earned a B.S. in Chemistry from Radford University and a Ph.D. in
Chemistry from the University of Montana.

"Carbonics will focus on technological development and services that
decarbonizes and increases efficiency within industry and commerce," said Dr.
Miller. "Our plan to build shareholder value involves the development and use of
technologies that decrease carbon and energy intensity coupled with the
monetization of those reductions to help drive our growth."

Carbonics` first project involves its planned acquisition of the Sustainable
Systems oilseed crush facility in Culbertson, Montana from GreenShift
Corporation (OTCBB: GERS), and the restructuring and repositioning of this
facility as a strategic location for the processing of carbon-neutral second
generation feedstocks for biofuel applications. In addition, Carbonics intends
to invest in the development of technology to manufacture carbon-negative third
generation feedstocks for biofuel and specialty chemical applications.

Dr. Miller stated, "I am energized by Carbonics` technology, services, business
development and overall growth opportunities. It remains extremely important
that the private sector continue to develop and invest in renewable energy,
energy efficiency and clean technology that has diverse applications across
industry and commerce. We are collectively, as a society, facing unprecedented
challenges in the form of resource scarcity and global climate change. We
believe that development of second and third generation feedstocks that help to
streamline the flow of carbon through, out and back into commerce presents a
compelling opportunity to contribute meaningfully to the resolution of these
challenges."

About Carbonics Capital Corporation

Carbonics Capital Corporation (OTCBB: CICS) was founded to facilitate
decarbonization in ways that cost-effectively capitalize on the evolving carbon
markets.

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 Carbonics Capital Corporation and members of its
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.

Carbonics Capital Corporation
Gary Nash, 406-546-5263
Fax: 646-572-6336
investorrelations@carbonicscapital.com
www.carbonicscapital.com (under construction)

Copyright Business Wire 2009