Genesis Technology Group to Commence Global Road Shows

Release of 2nd Quarter Financials in May, Annual Shareholders Meeting in China, Improved Balance Sheet and New Contracts Are Keystones of Mission


BOCA RATON, Fla., April 20, 2006 (PRIMEZONE) -- Genesis Technology Group, Inc. (OTCBB:GTEC), a business development firm that partners with Chinese companies in penetrating the United States and other Western markets, announced it will release its second quarterly financial statement on Monday, May 1st, 2006. The dramatic improvement of the company's balance sheet along with the recently garnered Chinese clients has encouraged Genesis to attend a series of global investor conferences. The primary goal will be to communicate the Company's progressive model in China, acquisition developments, its improved financial condition and growth to the investment community in the coming months.

The first presentation will be at the Friedland Investment Events' upcoming Micro-Cap 2006 Conference. This financial conference will be held at the Doubletree Metropolitan Hotel in New York City on Wednesday, May 3, 2006.

Genesis has made a power shift on all fronts; the New York presentation will outline the accomplishments of current operations and activities in China, and how the company's noteworthy restructure took place, and its justifiably bullish plans on advancing in the future.

CFO Adam Wasserman announced, "We will release the results of our 2006 second quarter (10-QSB) prior to our first conference. This filing will be the most reassuring to date. Shareholders will be able to easily quantify and trace the improved performance of the Company."

Gary L. Wolfson, Genesis CEO summarized, "We believe that we can offer an improved financial picture that will impress the most discriminating Wall Street investors. This first of many events will provide Genesis the opportunity to brief the global financial community and our shareholders alike regarding the Company's superior transition, including our significant successes in China and more importantly, how we are building a revitalized Company that could produce sustained growth and profitability."

Note: The Annual Shareholders Meeting has been scheduled for Friday, May 19, 2006, at 1 o'clock P.M. at the China World Hotel in Beijing, China, located at No. 1 Jianguomenwai Avenue; telephone (8610) 6505-2266, facsimile (8610) 6505-0828, email cwh@shangri-la.com and website http://www.shangri-la.com.

About Genesis Technology Group

Genesis Technology Group, Inc. (also known as Genesis China), with offices in the United States and China, is a business development firm that fosters bilateral commerce between Western and Chinese companies. Genesis Equity Partners, LLC ("GEP"), a 75%-owned subsidiary of GTEC established in 2005, assists Chinese and Western companies in formulating strategies to increase equity value, while targeting Western stock exchanges as a source of capital and shareholder support. GEP has established an expertise in screening and selecting Chinese companies that possess solid business histories and professional management, and North American public companies and shells that possess a shareholder base and a history of auditing and filing, as required by the U.S. Securities and Exchange Commission. The core strength of GEP management is the creation of effective campaigns to generate investor awareness and bring in long-term individual and institutional investors. GEP then works to create liquidity in a stock and increase investor awareness by using tested channels of communications and clearly articulating the companies' stories. Refer to www.genesis-technology.net

About Friedland Investment Events

Friedland Investment Events LLC is the world's largest sponsor of financial and investment events, sponsoring hundreds of events annually, in 18 U.S. cities and 3 European cities. These events include all-day conferences, luncheons and cocktail receptions.

Friedland Investment Events LLC is an affiliate of Friedland Corporate Investor Services LLC and Friedland Capital Inc. (www.friedlandworldwide.com)

Friedland Capital Inc. is a U.S. based merchant bank and advisory firm with offices in New York, Dallas, Denver, Beijing and Guangzhou. Among its activities, Friedland Capital provides corporate finance advisory services to enable publicly-traded and privately-held emerging growth companies, as well as sponsors of investment programs worldwide to achieve their short-term capital goals, and to realize their long-term business objectives.



            

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