WILMINGTON, Del., Oct. 15, 2004 (PRIMEZONE) -- GSB Financial Services, Inc. (Pink Sheets:GSBF) previously announced on September 29th 2004 the Company is aggressively pursuing the Electric Vehicle market having reached an agreement to acquire GTT Products (www.gttproducts.com), a company specializing in mass distribution of products from China. This includes electric bikes, golf carts, electric vehicles, electric scooters and battery technology.
GSBF through GTT Products will market such products as electric scooters and pocket bikes designed for the youth market. Recently featured TV shows on MTV and Cribs, demonstrated the demand for these products showing millions of consumers are looking for environmentally friendly and cost efficient personal transportation.
GTT Products will supply to GSBF a wide array of products from over 146 different scooters, pocket bikes and electric vehicles giving GSBF a leading edge in the electric vehicle market.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These statements are based on the company's current expectations as to the future events. However, the forward-looking events and circumstances discussed in this press release might not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Call Ron Henrickson or Gary Burnie at 1-866-949-0352 / 1-866-949-0828 / info@gttproducts.com