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www.genesis-technology.net/l_genesis.wvx
Das Unternehmen:
Genesis Technology Group, Inc. (GTEC) ist ein internationales Unternehmen, welches die Zusammenarbeit zwischen US- und chinesischen Unternehmen fördert. Das Unternehmen hat eine Familie von auf den chinesischen Markt ausgerichteten Firmen und Dienstleistern geschaffen. Der Hauptsitz des Unternehmens ist in Florida, Büros in Kalifornien, Deutschland und in Shanghai, China. Das Management hat langfristige Ziele in China und unterhält eine Vielzahl von Partnerschaften mit chinesischen und US-Firmen.
Das Geschäftsmodell:
GTEC bietet sowohl amerikanischen als auch chinesischen Unternehmen eine Vielzahl von Dienstleistungen an, um zueinander zu finden. Hauptsächlich gliedert sich die Geschäftstätigkeit in die Bereiche Consulting, Investment und Venture Capital.
Der Umsatz:
In den ersten 6 Monaten 2003 erzielte GTEC einen Umsatz von ca 11 mio US$ im Vergleich zu ca. 5 mio US$ im selben Zeitraum des Vorjahres.
Die Aktie:
Bei einem Kurs von 0,145$ beträgt die derzeitige Marktkapitalisierung 4,7 Mio US$.
Die Aktie ist an der OTCBB gelistet. GTEC -Kennnr. 9 3 1 5 0 6.
WESTON, FL, May. 30, 2003 (MARKET WIRE via COMTEX) -- TheSUBWAY.com names Genesis Technology Group Inc. (OTC BB: GTEC): Market Outperform! GTEC just announced they have signed two new clients and have an additional 48 prospects in the pipeline! The Company continues to execute on its growth plan, and could be a huge gainer in the short term!
BOCA RATON, Fla., Jun 25, 2003 (BUSINESS WIRE) -- Market Advisors lead analyst, Jeff Helleberg has initiated coverage of Genesis Technology Group Inc. (OTCBB:GTEC). Mr. Helleberg confirms positive outlook on GTEC based on his analysis of the Company's projected growth and fundamentals with a short term price of $0.38 per share.
Die letzte PR:
Florida Trend Magazine Ranks Genesis Technology Group Among Its ``Top 250Public Companies''
BOCA RATON, Fla., Jul 9, 2003 (BUSINESS WIRE) -- Genesis Technology Group, Inc. (OTCBB:GTEC) announced that it ranks among Florida's Top 250 Public Companies according to prestigious Florida Trend magazine. The complete list and accompanying articles appear in the July 2003 issue.
Genesis CEO Gary L. Wolfson reacted:" We are gratified, but not surprised. We have worked diligently to implement our time-tested business model, and the growth and interest in the company have increased dramatically. Florida Trend is respected nationwide, and it is known for its integrity and research acumen.
"Trade between China and western economies makes Genesis unusual, if not unique, among those on this important list. China continues to expand in spite of world events and even the unexpected domestic setbacks. Genesis has linked its future inseparably with China's."
Quoting Florida Trend writer Costa Tsiokos: "During 2002, the companies on this year's Top 250 Public Companies list experienced varying degrees of success as the national economy took an unsteady path toward recovery. While keeping an eye on their ledgers, executives at these Florida companies were also watching Capitol Hill for signs of how they would do business in the future.
"In the same month that last year's Top 250 Public Companies list was published, President George Bush signed into law the Sarbanes-Oxley Act, which creates regulatory safeguards against the freewheeling accounting mismanagement that led to the Enron and WorldCom scandals. The rules that were put into effect in response to actions by giant corporations have actually put more of a squeeze on midsize and smaller companies (those with less than $500 million in revenues), which make up the majority of Florida's Top 250 Public Companies list.
"The costs associated with stricter auditing and accounting procedures and more oversight responsibilities for board members translate to substantial time and resource investments for smaller companies. For many smaller Florida public companies, this, along with typically low trading volume in their stocks, forces them to reassess the advantages of continuing as publicly held entities. One such company, Naples-based SmartDisk Corp. (No. 157 on last year's list with $70 million in revenue), opted in May to deregister its stock and revert to private ownership, citing these pressures. Tampa's Tropical Sportswear International (No. 65 this year) hinted in June that it, too, is considering strategic alternatives to remaining a publicly-traded firm.
"Florida's Top 250 Public Companies are a diverse group. Over 25 different industries are represented, ranging from banking to media to healthcare. They also vary widely in size: No. 1 AutoNation, with over $19 billion in revenue, 2,800 employees and a nationwide reach, contrasts sharply with No. 250 Atlantic Bancgroup, which comes in at $7.4 million in revenue, 40 employees and a decidedly local (Jacksonville area) presence. Yet all these companies have a common thread: Their headquarters are in Florida, and thus contribute in a significant way to the state's economic health."
This announcement contains forward-looking statements that 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 & Exchange Commission.
SOURCE: Genesis Technology Group, Inc.
CONTACT: Genesis Technology Group, Inc., Boca Raton
Kenneth Clinton, 561/988-9880
Fax: 561/988-9890
kclinton@genesis-technology.net
www.genesis-technology.net/l_genesis.wvx
Das Unternehmen:
Genesis Technology Group, Inc. (GTEC) ist ein internationales Unternehmen, welches die Zusammenarbeit zwischen US- und chinesischen Unternehmen fördert. Das Unternehmen hat eine Familie von auf den chinesischen Markt ausgerichteten Firmen und Dienstleistern geschaffen. Der Hauptsitz des Unternehmens ist in Florida, Büros in Kalifornien, Deutschland und in Shanghai, China. Das Management hat langfristige Ziele in China und unterhält eine Vielzahl von Partnerschaften mit chinesischen und US-Firmen.
Das Geschäftsmodell:
GTEC bietet sowohl amerikanischen als auch chinesischen Unternehmen eine Vielzahl von Dienstleistungen an, um zueinander zu finden. Hauptsächlich gliedert sich die Geschäftstätigkeit in die Bereiche Consulting, Investment und Venture Capital.
Der Umsatz:
In den ersten 6 Monaten 2003 erzielte GTEC einen Umsatz von ca 11 mio US$ im Vergleich zu ca. 5 mio US$ im selben Zeitraum des Vorjahres.
Die Aktie:
Bei einem Kurs von 0,145$ beträgt die derzeitige Marktkapitalisierung 4,7 Mio US$.
Die Aktie ist an der OTCBB gelistet. GTEC -Kennnr. 9 3 1 5 0 6.
WESTON, FL, May. 30, 2003 (MARKET WIRE via COMTEX) -- TheSUBWAY.com names Genesis Technology Group Inc. (OTC BB: GTEC): Market Outperform! GTEC just announced they have signed two new clients and have an additional 48 prospects in the pipeline! The Company continues to execute on its growth plan, and could be a huge gainer in the short term!
BOCA RATON, Fla., Jun 25, 2003 (BUSINESS WIRE) -- Market Advisors lead analyst, Jeff Helleberg has initiated coverage of Genesis Technology Group Inc. (OTCBB:GTEC). Mr. Helleberg confirms positive outlook on GTEC based on his analysis of the Company's projected growth and fundamentals with a short term price of $0.38 per share.
Die letzte PR:
Florida Trend Magazine Ranks Genesis Technology Group Among Its ``Top 250Public Companies''
BOCA RATON, Fla., Jul 9, 2003 (BUSINESS WIRE) -- Genesis Technology Group, Inc. (OTCBB:GTEC) announced that it ranks among Florida's Top 250 Public Companies according to prestigious Florida Trend magazine. The complete list and accompanying articles appear in the July 2003 issue.
Genesis CEO Gary L. Wolfson reacted:" We are gratified, but not surprised. We have worked diligently to implement our time-tested business model, and the growth and interest in the company have increased dramatically. Florida Trend is respected nationwide, and it is known for its integrity and research acumen.
"Trade between China and western economies makes Genesis unusual, if not unique, among those on this important list. China continues to expand in spite of world events and even the unexpected domestic setbacks. Genesis has linked its future inseparably with China's."
Quoting Florida Trend writer Costa Tsiokos: "During 2002, the companies on this year's Top 250 Public Companies list experienced varying degrees of success as the national economy took an unsteady path toward recovery. While keeping an eye on their ledgers, executives at these Florida companies were also watching Capitol Hill for signs of how they would do business in the future.
"In the same month that last year's Top 250 Public Companies list was published, President George Bush signed into law the Sarbanes-Oxley Act, which creates regulatory safeguards against the freewheeling accounting mismanagement that led to the Enron and WorldCom scandals. The rules that were put into effect in response to actions by giant corporations have actually put more of a squeeze on midsize and smaller companies (those with less than $500 million in revenues), which make up the majority of Florida's Top 250 Public Companies list.
"The costs associated with stricter auditing and accounting procedures and more oversight responsibilities for board members translate to substantial time and resource investments for smaller companies. For many smaller Florida public companies, this, along with typically low trading volume in their stocks, forces them to reassess the advantages of continuing as publicly held entities. One such company, Naples-based SmartDisk Corp. (No. 157 on last year's list with $70 million in revenue), opted in May to deregister its stock and revert to private ownership, citing these pressures. Tampa's Tropical Sportswear International (No. 65 this year) hinted in June that it, too, is considering strategic alternatives to remaining a publicly-traded firm.
"Florida's Top 250 Public Companies are a diverse group. Over 25 different industries are represented, ranging from banking to media to healthcare. They also vary widely in size: No. 1 AutoNation, with over $19 billion in revenue, 2,800 employees and a nationwide reach, contrasts sharply with No. 250 Atlantic Bancgroup, which comes in at $7.4 million in revenue, 40 employees and a decidedly local (Jacksonville area) presence. Yet all these companies have a common thread: Their headquarters are in Florida, and thus contribute in a significant way to the state's economic health."
This announcement contains forward-looking statements that 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 & Exchange Commission.
SOURCE: Genesis Technology Group, Inc.
CONTACT: Genesis Technology Group, Inc., Boca Raton
Kenneth Clinton, 561/988-9880
Fax: 561/988-9890
kclinton@genesis-technology.net
