Message-ID: <30516473.1075862086787.JavaMail.evans@thyme> Date: Mon, 26 Nov 2001 15:47:26 -0800 (PST) From: contact@stockgenie.com To: mike.carson@enron.com Subject: GTEC- Closes 0 Million Dollar Acquisition Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Stockgenie @ENRON X-To: Carson, Mike X-cc: X-bcc: X-Folder: \MCARSON2 (Non-Privileged)\Carson, Mike\Deleted Items X-Origin: Carson-M X-FileName: MCARSON2 (Non-Privileged).pst If you are reading this message in plaintext or if you have an AOL address= you must click on this link: http://www.stockgenie.com/news_releases/gtec= _nr2.html The Stock Genie's SPECIAL ALERT (http://www.stockgenie.com/ )= For distribution after the stock market close 5PM EST, MONDAY, NOVEMBER = 26, 2001=09 [IMAGE]=09 [IMAGE] [IMAGE] BREAKING NEWS ! Genesis Technology Group, Inc (OTC= BB: GTEC) November 2001 Reasons to buy GTEC [IMAGE] 1. Recent= ly acquired 80 % ownership in Shanghai G-Choice Science and Technology De= velopment Company, LTD.- anticipated annual revenues of $25- $30 million, = this year (2001), and profitable. 2. G-Choice has exclusive distribution= rights for Intel and AMD CPUs in the eastern part of China and for Cyrix'= s CPU in Shanghai. A population of over 300 million people. 3. G-Choice's = sales in year 2000 were $13.8 million, with $380,000 in pre-tax net incom= e (audited). In the first 6 months of 2001, G-Choice generated approximate= ly $11.7 million in sales. Management expects the company to generate $25-= $30 million in annualized sales by the end of this calendar year (2001), = and profitable. 4. Recently Acquired Propamedia, Inc., a streaming media c= ompany - anticipated annual revenues of about $3 million. 5. Profitable c= ompany with strong recurring revenue streams. Total annual revenues expect= ed to be over $40 million by close of fiscal 2002. SYMBOL: GTEC SHAR= ES OUTSTANDING: 23mm FLOAT (est.): 3mm 52 WEEK HIGH/LOW: .74 - .02 SHOR= T TERM PRICE PROJ.: $3.00 12 MONTH PRICE PROJ.: $8.00 [IMAGE] 6. Biot= echnology subsidiary, Biosystems Technologies Inc., negotiating exclusive= distribution rights for HIV/AIDS and Hepatitis products in China. 7. The= Company is poised to capitalize on the anticipated economic explosion fr= om China?s entrance into the World Trade Organization. 8. New Interactive= Direct Marketing subsidiary, eSpectus Systems, Inc. entering multibillion= dollar direct email market. 9. New management team with proven track reco= rd of business success. 10. Potential company spin-offs mean shareholders = gain stock in additional companies. [IMAGE] UPDATE Undervalued and = overlooked? Since the original profile of GTEC several weeks ago, GTEC has = made several significant press releases. According to GTEC management, wit= h this acquisition if GTEC were on a calendar year and had all of their cur= rent companies for the entire year, GTEC would have about $35,000,000 in re= venues, with about $3,000,000 in earnings. For 2002 the numbers could be $= 75,000,000 in revenues with $10,000,000 in earnings. PRESS RELEASE = FOR IMMEDIATE RELEASE GENESIS TECHNOLOGY GROUP INC. COMPLETES THE A= CQUISITION OF SHANGHAI ZHAOLI SCIENCE AND TECHNOLOGY DEVELOPMENT COMPANY, L= IMITED. WEST PALM BEACH, Fla.?(Business Wire) NOVEMBER 26, 2001-GENESI= S TECHNOLOGY GROUP, INC. (OTC BB: GTEC-news) announced today that it ha= s completed the acquisition of 80% ownership in Zhaoli Science and Technolo= gy Development Company, Limited (Zhaoli), an Information Technology company= located in Shanghai, China that specializes in software development and th= e sale and servicing of technology products. Genesis Technology Group issue= d 400,000 restricted shares in exchange for 80% ownership of Zhaoli. Found= ed in early 1999, Zhaoli has realized substantial growth over the past thre= e years. The company currently has approximately 65 employees located at se= ven branches and exclusive stores in Shanghai. In addition, it has establis= hed subsidiaries in Hangzhou, the capital of Zhejiang Province and Nanjing,= the capital of Jiangxi Province. In 2000, Zhaoli realized gross sales of o= ver US$10 million, up 100% from its sales of $5 million in 1999, with doubl= e-digit earnings growth. The company achieved approximate US$12 million in = sales in the first ten months of 2001. Zhaoli has been appointed as a tech= nical service center and special maintenance center for Epson, Canon, Hewle= tt-Packard and OKI products. Technical support and after-sales services are= two strong facets of Zhaoli?s business. In addition, the company has devot= ed significant resources to the development of proprietary software product= s including an e-learning software program for K-12 education in China, one= of the largest software markets in the world. The program offers a full li= ne of training and education programs delivered on the Internet. "We are e= xcited about joining the Genesis Family of companies," commented Mr. Wuzhan= g Wang, CEO and President of Zhaoli. "As a fast growing technology company,= we can benefit greatly from the additional management experience and inter= action with other related companies within the Genesis Family. With joining= the Genesis Family, we are able to access the US capital markets when we n= eed to expand our business to the next level. This is a logical step in ta= king the company to even greater heights". Dr. James Wang, CEO and Preside= nt of Genesis said, "We are pleased to have another excellent company join = our family. The acquisition of Zhaoli is another important step in the impl= ementation of our business model. Our goal is to acquire only profitable co= mpanies for the Genesis Family. This acquisition adds one more revenue str= eam for GTEC as well as significantly increases our market presence in Chin= a, which will become increasingly important with its admittance into the Wo= rld Trade Organization. We also see synergistic business relationships betw= een Zhaoli and other subsidiaries within the family." ABOUT GENESIS = TECHNOLOGY GROUP, INC. The mission of Genesis Technology Group, Inc. is= to accelerate the success of technology companies by acquisition and deve= lopment. The Company develops, invests in, and operates high technology r= elated companies in the US, China, Taiwan, Hong Kong and Singapore. The Co= mpany strategy includes the internal development and operation of subsidia= ries within the Company corporate family, as well as investment in other t= echnology companies directly, and through other venture capital arrangemen= ts. The Company strategy also envisions and promotes opportunities for sy= nergistic business relationships among all of the companies within its fam= ily. For more information, please visit: http://www.genesis-technology.net = ABOUT SHANGHAI ZHAOLI TECHNOLOGY DEVELOPMENT COMPANY, LIMITED Sh= anghai Zhaoli Technology Development Company, Limited is an Information Tec= hnology enterprise that integrates sales and technology with services. Curr= ently, its sales cover printer, copier, scanner and network products, as we= ll as network integration. The company also develops proprietary software s= ystems, such as its e-learning software for K-12 education in China. The co= mpany has seven branches and exclusive stores in Shanghai and a strong and = growing presence throughout eastern areas of China. More information is ava= ilable at the company?s Web site, located at http://www.zwin.net. [IMAGE]= This announcement contains forward-looking statements that involve risks = and uncertainties, including those relating to the company's ability to gro= w its business and in particular to successfully identify, acquire and inte= grate new acquisitions. Actual results may differ materially from the resul= ts predicted and reported results should not be considered as an indication= of future performance. The potential risks and uncertainties include, amon= g others, the company's limited operating history, the limited financial re= sources, domestic or global economic conditions, activities of competitors,= the presence of new or additional competition, and changes in Federal or S= tate laws or the laws of foreign countries that affect its subsidiaries and= conditions of equity markets. More information about the potential factors= that could affect the company's business and financial results is included= in the com! pany's filings, available via the Securities & Exchange Commis= sion. [IMAGE] Safe Harbor Statement: [IMAGE] This press release c= ontains forward-looking statements within the meaning of Section 27A of th= e Securities Act of 1933 and Section 21E of the Securities Act of 1934. Su= ch forward-looking statements involve risk and uncertainties, which may ca= use the actual results or objects to be materially different from those e= xpressed or implied by such forward-looking statements. Such factors inclu= de, among other things, the Company's financial performance, changes in th= e competitive environment, adverse changes in the economy, ability to main= tain long-term relationships with customers and financing requirements. Ve= ctor Holdings, Inc. has compensated Market Voice, Inc. for public relation= s and shareholder relations, and website services in the last 12 months. = For complete financial disclosure information, please visit www.smallcapne= wswire.com . Disclaimer: [IMAGE] Stock Genie (SG) publishes reports prov= iding information on selected companies that SG believes has investment po= tential. SG is not a registered investment advisor or broker-dealer. This= report is provided as an information service only, and the statements and= opinions in this report should not be construed as an offer or solicitati= on to buy or sell any security. SG accepts no liability for any loss arisi= ng from an investor's reliance on or use of this report. An investment in = GTEC is considered to be highly speculative and should not be considered = unless a person can afford a complete loss of investment. SG has been hire= d by a third party consultant, and is contracted to receive 150,000 free t= rading shares of common stock for the publication and circulation of this = report. SG intends to sell all or a portion of the of the GTEC stock at or= about the time of publication of this report. Subsequently SG may buy or= sell shares of GTEC stock in the open market. This report contains forwar= d-looking statements, which involve risks, and uncertainties that may caus= e actual results to differ materially from those set forth in the forward-= looking statements. For further details concerning these risks and uncert= ainties, see the SEC filings of GTEC including the company's most recent a= nnual and quarterly reports. For further details of Stock Genie's disclai= mer policies and a full profile of the company, go to www.stockgenie.com/c= urrent_profile.htm You are currently subscribed to The StockGenie's maili= ng list as: MIKE.CARSON@ENRON.COM To unsubscribe, click on the following li= nk: Unsubscribe MIKE.CARSON@ENRON.COM To change your e-mail address, clic= k here: Change address -- =09