Gateway International Holdings' Audit is proceeding as Planned


ANAHEIM, Calif., March 16, 2005 (PRIMEZONE) -- Gateway International Holdings, Inc. announced today that the audit of the Group is proceeding as planned and that, until it is complete, Gateway will continue its "quiet period." Gateway will not make any further statements as to material events or conditions which may occur or exist involving Gateway until the missing audits are completed.

"SAFE HARBOR":

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