GSB Financial Services, Inc. Prepares for Christmas Orders


WILMINGTON, Del., Oct. 25, 2004 (PRIMEZONE) -- GSB Financial Services, Inc. (Pink Sheets:GSBF) previously announced on October 15th 2004 the Company is aggressively pursuing the Electric Vehicle market through 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 the necessary battery technology for these vehicles.

Gary Burnie, CEO, stated, "As gas prices continue to rise the demand for alternative inexpensive travel has expanded dramatically." We are excited to announce that these electric scooters and pocket bikes have been presented to dealers from Oregon, California, Texas, Florida, Montreal and Toronto Canada with enormous acceptance. Pending orders will be announced in the very near future.

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