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B: Genesis Technology Group Establishes New Subsidiary for China Vocational Education Satellite Network Targeting $10 Million in Profits ( MARKET WIRE )
(Comtex 11.14 23:10:40)
BOCA RATON, FL, Nov 14, 2005 (MARKET WIRE via COMTEX) -- Genesis Technology
Group, Inc. (OTC BB: GTEC) announced that it has established the Genesis
Distance Learning Division (GDLD) to implement the China Vocational Education
Satellite Network`s global distance learning program. Genesis management
estimates that the contract could have a value exceeding $10 million in profits
for the Company in an industry estimated to yield billions of dollars globally.
The GDLD project manager, Ms. KeKe Zhang explained: "China Vocational Education
Satellite Network is the premier distance learning platform sponsored by the
National Center for Education Development & Research of Ministry of Education of
People`s Republic of China, owned and operated by Shanghai Aerospace Computer
System Engineering Co., Ltd. After we announced our alliance about a week ago,
we were inundated with inquiries from one of America`s top-ranking graduate
business schools, a Fortune 100 company, an accomplished distance learning
public company, a respected undergraduate state university, and others.
"Now that we have established GDLD, we have started a search for a qualified
General Manager, who is familiar with this burgeoning industry, has a
complementary U.S network in the industry, plus can meet the standards of a
bi-cultural, bi-lingual executive. We recognize that this is no easy task. By
targeting $10 million in profits over the term of the CVE contract will require
such leadership," concluded Ms. Zhang.
Mr. Hong Kang, Chief Executive Officer of the CVE Satellite Network, commented:
"We selected Genesis because of its management`s long-term success in bridging
Chinese and Western business interests. We are confident that Genesis can source
our educational partners at major U.S. universities, hospitals, and private
companies. More than distance learning, we also believe that the CVE programs
can result in better understanding and cooperation among peoples in different
countries.
"With a curriculum covering medical, management, engineering, spirituality,
marketing, accounting, business and finance, and more, CVE will create global
classrooms through distance learning programs that target a registered student
body numbering in the tens of millions," summarized Mr. Hong.
About Genesis Technology Group, Inc.
Genesis Technology Group, Inc. is a business development firm that fosters
bilateral commerce between Western and Chinese companies. Genesis has created
successful profit centers in product development, manufacturing, distribution,
joint ventures and operational services. The Company has fully staffed offices
in the United States, Hong Kong and China. Genesis has established effective
working relationships with various governmental agencies, public institutions,
and private industries in China. In addition, the company acquires and invests
in innovative technology companies in China or forms joint ventures with both
Western and Chinese companies, focusing on emerging technology and natural
resource industries. 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.
Contact:
Genesis Technology Group, Inc.
(Comtex 11.14 23:10:40)
BOCA RATON, FL, Nov 14, 2005 (MARKET WIRE via COMTEX) -- Genesis Technology
Group, Inc. (OTC BB: GTEC) announced that it has established the Genesis
Distance Learning Division (GDLD) to implement the China Vocational Education
Satellite Network`s global distance learning program. Genesis management
estimates that the contract could have a value exceeding $10 million in profits
for the Company in an industry estimated to yield billions of dollars globally.
The GDLD project manager, Ms. KeKe Zhang explained: "China Vocational Education
Satellite Network is the premier distance learning platform sponsored by the
National Center for Education Development & Research of Ministry of Education of
People`s Republic of China, owned and operated by Shanghai Aerospace Computer
System Engineering Co., Ltd. After we announced our alliance about a week ago,
we were inundated with inquiries from one of America`s top-ranking graduate
business schools, a Fortune 100 company, an accomplished distance learning
public company, a respected undergraduate state university, and others.
"Now that we have established GDLD, we have started a search for a qualified
General Manager, who is familiar with this burgeoning industry, has a
complementary U.S network in the industry, plus can meet the standards of a
bi-cultural, bi-lingual executive. We recognize that this is no easy task. By
targeting $10 million in profits over the term of the CVE contract will require
such leadership," concluded Ms. Zhang.
Mr. Hong Kang, Chief Executive Officer of the CVE Satellite Network, commented:
"We selected Genesis because of its management`s long-term success in bridging
Chinese and Western business interests. We are confident that Genesis can source
our educational partners at major U.S. universities, hospitals, and private
companies. More than distance learning, we also believe that the CVE programs
can result in better understanding and cooperation among peoples in different
countries.
"With a curriculum covering medical, management, engineering, spirituality,
marketing, accounting, business and finance, and more, CVE will create global
classrooms through distance learning programs that target a registered student
body numbering in the tens of millions," summarized Mr. Hong.
About Genesis Technology Group, Inc.
Genesis Technology Group, Inc. is a business development firm that fosters
bilateral commerce between Western and Chinese companies. Genesis has created
successful profit centers in product development, manufacturing, distribution,
joint ventures and operational services. The Company has fully staffed offices
in the United States, Hong Kong and China. Genesis has established effective
working relationships with various governmental agencies, public institutions,
and private industries in China. In addition, the company acquires and invests
in innovative technology companies in China or forms joint ventures with both
Western and Chinese companies, focusing on emerging technology and natural
resource industries. 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.
Contact:
Genesis Technology Group, Inc.
Google-DeutschB: Genesetechnologiegruppe stellt neue Tochtergesellschaft für das Satellitennetz der beruflichen Ausbildung Chinas her, das $10 Million in den Profiten zielt (MARKTCLeitung) (Comtex 11,14 23:10:40), BOCA RATON, FL, Nov. 14, 2005 (MARKTCLeitung über COMTEX) -- Genesis Technology Group, Inc. (OTC BB: GTEC) verkündet, daß es die Geneseabstandslernenabteilung (GDLD) hergestellt hat um des Abstands-das Lernprogramm netzes der beruflichen Ausbildung Chinas einzuführen Satellitenglobale. Genesemanagement schätzt, daß der Vertrag einen Wert haben könnte, $10 Million in den Profiten für die Firma in einer Industrie zu übersteigen, die geschätzt wurde, um Milliarden Dollar global zu erbringen. Der GDLD-Projektmanager, Ms KeKe Zhang erklärte: "Satellitennetz der beruflichen Ausbildung Chinas ist die Premierabstandslernenplattform, die durch die nationale Mitte für Ausbildungsentwicklung u. Forschung des Ministeriums der Ausbildung von Volksrepublik China gefördert wird, durch Shanghailuftfahrtcomputersystemtechnik Co., Ltd. besessen ist und bearbeitet ist. Nachdem wir unser Bündnis einer ungefähr Woche verkündeten, waren wir inundated mit Anfragen von einem von Oberseite-Top-rankingabsolvent-Geschäftsschulen vor Amerikas, von Fortune-100-Firma, von erreichten Aktiengesellschaft des Abstandslernens, von respektierter Nichtgraduiertlandesuniversität und von anderen. "nun da wir GDLD hergestellt haben, haben wir eine Suche nach qualifiziertem Generaldirektor, das mit dieser burgeoning Industrie vertraut ist, haben ein ergänzendes US-Netz in der Industrie, plus Dosentreffen die Standards eines bikulturellen, zweisprachigen Hauptleiters begonnen. Wir erkennen, daß dieses keine einfache Aufgabe ist. Indem er $10 Million in den Profiten über der Bezeichnung CVE zielt, erfordert der Vertrag solche Führung, "gefolgertes Ms Zhang. Herr Hong Kang, Generaldirektor des CVE-Satellitennetzes, kommentiert: "wir wählten Genese wegen des langfristigen Erfolges seines Managements vor, wenn wir die chinesischen und westlichen Geschäftsinteressen überbrückten. Wir sind daß Genesedosenquelle unsere pädagogischen Partner an den Haupt-STAATUNIVERSITÄTEN, an den Krankenhäusern und Privatunternehmen an überzeugt. Mehr als das Abstandslernen, glauben wir auch, daß die CVE-Programme besseres Verständnis und Mitarbeit unter Völkern in den unterschiedlichen Ländern ergeben können. "mit einem Lehrplanbedecken medizinisch, Management, Technik, spirituality, Marketing, Buchhaltung, Geschäft und Finanzierung und mehr, CVE stellt globale Klassenzimmer durch Abstandslernprogramme, die eine eingetragene Kursteilnehmerkörpernumerierung in den 10 von Millionen zielen," zusammengefaßter Herr Hong her. Über GenesecTechnologiecGruppe Inc.. Genesis Technology Group, Inc. ist ein geschäftliche Entwicklung Unternehmen, das bilateralen Handel zwischen den westlichen und chinesischen Firmen fördert. Genese hat erfolgreiche Profitmitten in der Produktentwicklung, in der Herstellung, in der Verteilung, in den Joint Ventures und in den funktionsfähigen Dienstleistungen verursacht. Die Firma hat völlig Büros in den Vereinigten Staaten, Hong Kong und China mit Personal versorgt. Genese hat wirkungsvolle Arbeitsverhältnisse zu den verschiedenen Regierungsstellen, zu den allgemeinen Anstalten und zu den privaten Industrien in China aufgebaut. Zusätzlich erwirbt die Firma und investiert in den erfinderischen Technologiefirmen in China oder in den Joint Ventures der Formen mit den westlichen und chinesischen Firmen und konzentriert auf Industrien der auftauchenden Technologie und der Naturresourcen. Zu mehr Information der sicheren setzen bestimmte Aussagen Hafen-Aussage des Besuchs www.genesis-technology.net, die in diesem Pressekommuniqué festgelegt werden, "das Vorwärts-Schauen von Aussagen." fest, Vorwärts-schauend umfassen Aussagen, ohne Beschränkung, jede mögliche Aussage, die zukünftige Resultate, Leistung oder Ausführungen voraussagen, prognostizieren, anzeigen oder andeuten kann, und können die Wörter "Schätzung enthalten," "Projekt," "beabsichtigen," "prognostiziert," "vorwegnehmen," "Plan," "Planung," "erwarten," "glauben," "werden wahrscheinlich," ", wenn, ""," "wurde könnte," "können" oder Wörter oder Ausdrücke der ähnlichen Bedeutung. Solche Aussagen sind nicht Garantien der zukünftigen Leistung und sind abhängig von Gefahren und Ungewißheiten, die die tatsächlichen Resultate und die Finanzlage der Firma veranlassen konnten, sich von denen materiell zu unterscheiden, die innerhalb der Vorwärts-schauenden Aussagen umfaßt wurden. Vorwärts-schauend beziehen Aussagen Gefahren und Ungewißheiten, einschließlich deren in bezug auf die Fähigkeit der Firma, sein Geschäft zu wachsen mit ein. Tatsächliche Resultate können von den vorausgesagten Resultaten materiell sich unterscheiden und berichtete Resultate sollten nicht als Anzeige über zukünftige Leistung betrachtet werden. Die Potentialgefahren und -ungewißheiten umfassen, unter anderen, die begrenzte funktionierende Geschichte der Firma, die begrenzte finanzielle Betriebsmittel-, inländische oder globalewirtschaftslage -- besonders die in bezug auf sind China, Tätigkeiten der Konkurrenten und des Vorhandenseins der neuen oder zusätzlichen Konkurrenz und der Änderungen in Bundes oder geben Gesetze, Beschränkungen und Regelungen auf dem Tun des Geschäfts in einem Ausland, insbesondere China und der Zustände der Billigkeitsmärkte an. Mehr Informationen über die möglichen Faktoren, die das Geschäft und finanziellen die Resultate der Firma beeinflussen konnten, werden in den Archivierungen der Firma umfaßt, die über die Staataktien und die Austauschkommission vorhanden sind. Kontakt: GenesecTechnologiecGruppe
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