POWELL, Tenn., March 31, 2004 (PRIMEZONE) -- Green Dolphin Systems Corp., (OTCBB:GDLS) today announced that after 6 months of research and development has been completed for the Nature-Zolt product that is safe, natural, DEET-free, ready-to-use, fast-acting insect and mosquito repellant. Nature-Zolt product is sensitively formulated to the practical needs and growing concerns of today's conscientious consumers who demand safe and natural solutions for protecting their families from the harmful effects of chemical-based products. Ready-to-use Natural-Zolt is not applied to the body but rather sprayed around the home, cottage, picnic grounds on plants, tree, grass and standing water in the immediate vicinity where people gather.
This natural food-based product is a highly effective and safe alternative to the chemical-based products which typically dominate the market. The product will continue to be independently tested in preparation for the retail market by the third quarter of 2004. Channels of distribution include: major supermarket chain stores, plant nurseries, hardware retail outlets, drug, convenience and department chain stores.
SAFE HARBOR
Statements contained in this news release regarding Green Dolphin's and other planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond the control of Green Dolphin's management, including, but not limited to, reliance on key markets, suppliers, and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive or regulatory conditions. These and other applicable risks are summarized under the caption "Risk Factors" in Green Dolphin's Registration Statement on Form S-8 filed with the Securities and Exchange Commission on July 1, 2003 and the firms 10KSB/A filed with the SEC dated April 28, 2003. Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above.