General Bank Sponsors Entrepreneurs Conference

General Bank Manager to Serve as Panelist


LOS ANGELES, May 1, 2001 (PRIMEZONE) -- General Bank, a wholly owned subsidiary of GBC Bancorp (Nasdaq:GBCB), announces its sponsorship of the 17th Annual Entrepreneurs Conference produced by the Harvard Business School Association of Orange County (HBSAOC). The conference titled, "Entrepreneurship in the 21st Century: Winning Strategies for Money, Technology and Management," will be held May 14, at the Hyatt Regency Hotel in Irvine, Calif.

This year's conference will feature keynote speakers Peter Ueberroth, world-renowned entrepreneur and President of the 1984 Los Angeles Olympics Organizing Committee, and Jeff Moorad, leading sports attorney of Jerry Maguire "show me the money" fame. Four sessions, with 30 panel discussions by over 75 knowledgeable speakers on money, management, technology and marketing, will focus on the theme, "Technology, Money and Management: Profiting in the Internet Economy."

"Sponsorship of this conference offers General Bank the opportunity to contribute to the highly relevant discussion on the dynamics of the new economy," said Thomas Chen, Manager of the Bank's Southern California High Technology Division, and panelist at the "Raising Money in Today's Deal Marketplace" discussion to be held at the second session of the conference. "We are delighted to be able to provide perspective on topics impacting our community in a forum that has great potential to yield innovative solutions."

Boasting of a 16-year history, the non-profit community service event organized by HBSAOC, is open to the public, but caters primarily to the interests of entrepreneurs, investors and business professionals. For more information please visit the HBSAOC Website at www.hbsaoc.org.

General Bank has been involved in high tech financing since 1995. The Bank's high technology offices in southern and northern California focus exclusively on providing financial services to emerging technology companies, providing a full spectrum of products and services to virtually all sectors of the high technology community. In addition, GBC Venture Capital, Inc., a subsidiary of GBC Bancorp, works closely with the venture capital community, and offers an array of products and services tailored to the business requirements of this industry.

General Bank specializes in international trade financing, real estate and construction lending, and is one of the very few small-cap banks in the country that is successfully engaged in financing the high-tech sector. General Bank operates branches throughout California, a branch in Kent, Washington and a loan production office in New York City. For more information about General Bank and GBC Bancorp, please visit our Website at www.generalbank.com.



            

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