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Kenneth Clinton, Company President, who soon will be departing for China to meet with Chinese partners and to attend the Annual Shareholders Meeting in Beijing, commented: \"This quarter underscores that we are on track to deliver on our long-term growth targets. Spurred by determination and execution of our model, we stabilized some challenging issues and have effectively balanced results across our global operations.

\"Genesis increased its level of marketing investment some quarters ago, and it has delivered growth and profitability that is helping to drive our business. This gives us great confidence that we will achieve our business objectives and, in doing so, create sustained growth and value for the benefit of our shareowners and other stakeholders,\" concluded Mr. Clinton.

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 www.shangri-la.com. The Company will also make a presentation at the Friedland Investment Events\\' Micro-Cap 2006 Conference this Wednesday, May 3, 2006 in New York City. For more information, refer to www.friedlandcorporateinvestorservices.com.

About Genesis Technology Group, Inc.

Genesis Technology Group, Inc. is a business development firm that fosters bilateral commerce between Western and Chinese companies. The Company has offices in the United States and China. A majority-owned subsidiary of Genesis, Genesis Equity Partners, LLC 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. The core strength of GEP management is creating a first rate plan to create investor awareness and bring in long-term individual and institutional investors. GEP should create liquidity in the stock and gain investor awareness by using tested channels of communications by cogently articulating the companies\\' stories. GEP has built successful channels with 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 US Securities & Exchange Commission. For more information, visit www.genesis-technology.net.

Safe Harbor Statement

Certain statements set forth in this press release constitute \"forward-looking statements.\" Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words \"estimate,\" \"project,\" \"intend,\" \"forecast,\" \"anticipate,\" \"plan,\" \"planning,\" \"expect,\" \"believe,\" \"will likely,\" \"should,\" \"could,\" \"would,\" \"may\" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company\\'s actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company\\'s ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company\\'s limited operating history, the limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. More information about the potential factors that could affect the Company\\'s business and financial results is included in the Company\\'s filings, available via the United States Securities and Exchange Commission.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Genesis Technology Group, Inc.

Genesis Technology Group, Inc.
Kenneth Clinton
kenclinton@genesis-technology.net
(561) 988-9880


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