Gateway International Holdings Launches Website at www.gwih.com


ANAHEIM, Calif., Aug. 2, 2004 (PRIMEZONE) -- Gateway International Holdings, Inc. (Pink Sheets:GWIH) announced today that First Capital Investors, Inc. (www.firstcapitalinvestors.com) has completed the initial Website for Gateway International Holdings. Interested parties may now visit the site at www.gwih.com.

The Website will maintain current information on the Company for investors regarding business developments, news releases, investor information, corporate fact sheets, contact information, subsidiary information and links, as well as financial data, which will be available on the site in the near future.

GEGERVISION, INC. (www.gegervision.com) was retained by First Capital Investors to design, host and maintain the website.

About First Capital Investors, Inc.

First Capital Investors is a full service, Capital Markets Advisory and Investor Relations firm located in Orlando, Florida. The Company provides Capital Market Advisory 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.

About Gateway International Holdings, Inc.

Gateway International Holdings, Inc. (OTC: GWIH) is a diversified holding company that operates through its wholly owned subsidiaries. The company currently has 2 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 for numerous equipment and machinery for clients in the aerospace and defense industry. The Company's clients include:

"SAFE HARBOR" NOTE:

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Since such statements involve risks and uncertainties, the actual results and performance of the Company may turn out to be materially different from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made herein; however, readers should carefully review reports or documents the Company files from time to time with the Securities and Exchange Commission.



            

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