Genesis Products Division Enters New Government...

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[{"type":"text","content":"\n \n\nFOR: GENESIS WORLDWIDE INC.\n\nTSX, AIM SYMBOL: GWI\n\nOctober 23, 2008\n\nGenesis Products Division Enters New Government Assisted-Living Housing Market\n\nMISSISSAUGA, ONTARIO--(Marketwire - Oct. 23, 2008) - Genesis Worldwide Inc. (\"Genesis\" or the \"Company\"),\n(TSX:GWI)(AIM:GWI), an industry leader in \"green\" structural building technologies, today announced that its\nGenesis Products Division and subsidiary, KML Building Solutions (\"KML\"), has been contracted to build green\naffordable housing units in Cambridge, Ontario for low income families.\n\nKML will supply all the light steel framing needs for the government assisted-living mid-rise multi-family\nstructure. Onsite work has commenced, and the estimated completion date for KML's portion of construction is\nJanuary 30, 2009. This project represents a four-storey building which meets a high standard of fire\nrequirements in the Ontario Building Code. KML will supply and install the Genesis Solution, which includes the\nGenesis Wall Panel System, Genesis iSPAN(TM) Floor System with Metal Deck and Concrete, as well as a Genesis\nRoof Truss Solution.\n\nGenesis' light steel structural building technology is environmentally conscious and energy efficient, as well\nas being fire resistant, which will provide a superior, safe living environment. Air quality remains superior\nbecause light steel buildings are allergen-free, mould-free and toxin-free. KML and Genesis have the experience\nand successful track record to build affordable housing in the marketplace.\n\nGenesis' President and CEO, Vince Mifsud, says Genesis is excited to be part of this affordable housing\nproject. \"This is the first project for KML in this particular market segment. We are pleased to be building\nquality residential structures that are important for residents in Cambridge. The government assisted-living\nmarket is an interesting niche for our licensees. Our Genesis Solution fits particularly well where there are\nmultiple family units connected and when combustibility and sound are concerns, which is the case here.\nImportantly, our solution also allows for buildings to take on many different architectural styles in order to\nblend into the community without looking like a block of apartments.\"\n\nAdded Mifsud, \"The quality and speed of the Genesis Solution means that families will...

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