Gateway International Holdings Retains TheStockbroker.com to Increase Investor Awareness


ANAHEIM, Calif., July 29, 2004 (PRIMEZONE) -- Gateway International Holdings, Inc. (Pink Sheets:GWIH) announced today that it has retained TheStockbroker.com, Inc. (www.thestockbroker.com), with offices in San Francisco and La Jolla, California as well as New York, to utilize their nationally syndicated radio show and extensive investor database as a means of greatly increasing awareness amongst the investment community about the bright future of the Company. TheStockbroker.com will work in coordination with the overall investor relations program being directed by First Capital Investors, Inc. (www.firstcapitalinvestors.com).

Larry Consalvi, CEO of Gateway International, commented, "We chose TheStockbroker.com due to their outstanding record of enhancing shareholder value for emerging growth companies. Because of the accelerating growth of our business operations, we feel that now is the opportune time to increase our visibility within the financial community. TheStockbroker.com's experience, contacts and strategic counsel will help us better communicate our growth prospects and inherent value. We look forward to keeping our shareholders and the financial community well-informed of our progress, and to ensure that we maintain clear and constant lines of communication."

David Meyers, Director of Communications for the Stockbroker.com, stated, "We are delighted about working with Gateway International Holdings and informing the investment community about their exciting growth potential. We analyze numerous emerging growth companies in the course of our business operations and frankly, we feel that Gateway is one of the most exciting opportunities that we have seen in the last 10 years. The Company is profitable and extremely well positioned as a manufacturer of specialized components and machinery in the highly lucrative and dynamic aerospace and defense industry which is currently experiencing explosive growth. We will be featuring GWIH on our nationally syndicated radio show and undertake a massive investor awareness campaign to create major visibility for the Company."

About TheStockbroker.com, Inc.

TheStockbroker.com has achieved a stellar reputation as one of our nation's premier Investor Relations firms. The Company has a current database in excess of one million subscribers and has established an exceptional track record for helping public companies achieve maximum valuations. TheStockbroker.com uses all forms of media in a comprehensive program that is widely regarded as the most effective in the business. Investors are encouraged to visit the Company's site at www.thestockbroker.com for further in-depth information.

About Gateway International Holdings, Inc.

Gateway International Holdings, Inc. (Pink Sheets:GWIH) is a diversified holding company that operates through its wholly owned subsidiaries. The company currently has two subsidiaries in operation including: Elite Machine Tool Company, Inc. and Eran Engineering, Inc. Elite Machine Tool Company is a sales and marketing company focused on Computer Numerically Controlled (CNC) machine sales. Eran Engineering manufactures specialized components and machinery for clients in the aerospace and defense industry.

About First Capital Investors, Inc.

First Capital Investors is a full service, Capital Markets Advisory and Investor Relations firm providing services to both private and public companies; including private companies who seek to become publicly traded and public companies that desire to move from small trading platforms (OTC issuers) to larger exchanges like the Nasdaq or American Stock Exchange. The Company provides full service, customizable Investor Relations platforms for public entities, with a focus on small-cap companies.

"SAFE HARBOR" NOTES:

This press release may contain forward-looking statements. The words "estimate", "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.



 Investor Relations Contact:
 First Capital Investors, Inc.
 www.firstcapitalinvestors.com
 Dante Panella
 407-656-9600 Ext. 107
 GWIH@firstcapitalinvestors.com