Genesis Products Division Continues Expansion I...

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[{"type":"text","content":"\n \n\nFOR: GENESIS WORLDWIDE INC.\n\nTSX, AIM SYMBOL: GWI\n\nJanuary 21, 2009\n\nGenesis Products Division Continues Expansion Into Affordable Housing Market\n\nMISSISSAUGA, ONTARIO--(Marketwire - Jan. 21, 2009) - Genesis Worldwide Inc. (\"Genesis\" or the\n\"Company\"), (TSX:GWI)(AIM:GWI), a leading provider of \"green\" building technologies, is pleased to\nannounce that its Genesis Products Division and subsidiary, KML Building Solutions (\"KML\"), has been\ncontracted to build green affordable housing units in western Ontario, Canada, for low-income\nfamilies. The project is for the construction of a three-storey, thirty-nine unit, apartment building.\n\nThe Board of Directors and management of Genesis believe that current economic conditions make the\naffordable housing market an even more important one for builders, and the Company continues to make\nprogress in that market segment.\n\nThis is the second contract in the affordable housing market won by Genesis in the last six months. It\nrepresents more growth potential for KML, and ultimately Genesis, in that it is the second significant\nproject for KML in this particular market segment. It is also noteworthy because the competition for\nthis project was against traditional wood construction.\n\nUsing the Genesis Solution, KML will manufacture and install all the light steel framing needs,\nincluding the Genesis Wall Panel System and Genesis iSPAN(TM) Floor System, for the government\nsubsidized mid-rise multi-family structure in this southwestern Ontario community. Production of the\nlight steel wall panels will begin at KML's Vaughan facility, with onsite work to begin this month.\nThe estimated completion date for KML's portion of the construction is during the second quarter of\n2009.\n\nGenesis' light steel structural building technology is environmentally conscious and energy efficient,\nas well as being fire resistant, providing a safe living environment. Air quality remains superior\nbecause light steel buildings are allergen-free, mould-free and toxin-free. As with previous projects\nof this type in southern Ontario, the Genesis Solution fits especially well where there are multiple\nfamily units connected, and when combustibility and sound are concerns.\n\nMaterials for this project will be precision cut at the KML factory for easy assembly. Light gauge\nsteel...

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