ANAHEIM, Calif. , Aug. 18, 2004 (PRIMEZONE) -- Gateway International Holdings, Inc. (Pink Sheets:GWIH) announced today that the Company's Board of Directors has approved a two-for-one stock split of the Company's common stock. The stock split will entitle each stockholder of record on the later of the close of business August 20, 2004 or approval from Nasdaq, to receive one additional share for every outstanding share of common stock. The split is a mandatory exchange payable upon surrender. Therefore, stockholders entitled to receive split shares are required to remit their pre-split stock certificates to the Company's transfer agent, Pacific Stock Transfer, to receive their split shares. Upon the completion of the stock split, Gateway International Holdings, Inc. will have approximately 32 million shares of common stock outstanding.
'SAFE HARBOR'
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