Genesis Worldwide Announces Cancellation of AIM...

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[{"type":"text","content":"\n \n\nFOR: GENESIS WORLDWIDE INC.\n\nTSX, AIM SYMBOL: GWI\n\nFebruary 10, 2009\n\nGenesis Worldwide Announces Cancellation of AIM Listing\n\nMISSISSAUGA, ONTARIO--(Marketwire - Feb. 10, 2009) - Genesis Worldwide Inc. (\"Genesis\" or the \"Company\"),\n(TSX:GWI)(AIM:GWI), a leading provider of 'green' building technologies, announces the cancellation of the\ntrading of its common shares on the Alternative Investment Market (\"AIM\") of the London Stock Exchange, to take\neffect from 7 a.m. (GMT) on Wednesday, March 11, 2009 (the \"Cancellation Date\").\n\nThe Board of Genesis concluded that the additional costs associated with maintaining a listing on AIM were not\njustifiable given the Company's North American focused shareholder base. This decision was based on several\nfactors, including low trading volumes in the UK, and the cost and management resources involved in maintaining\nthe AIM listing. The Company will maintain its listing on the Toronto Stock Exchange (\"TSX\"), and UK\nshareholders wishing to trade Genesis' common shares after the Cancellation Date will be able to do so through\nthe TSX. Genesis does not expect the liquidity or marketability of the Company's common shares to be materially\naffected by the AIM delisting.\n\nAbout Genesis Worldwide Inc.\n\nGenesis is a leading provider of \"green\" building technology. Genesis offers licensees a turn-key solution\nwhich includes software applications, industrial technologies, and a wide range of services. The Genesis\nSolution encompasses engineered processes and materials that are environmentally sustainable or \"green\".\nGenesis is headquartered in Mississauga, Ontario, Canada and has licensees in the United States, Canada, Europe\nand the Middle East. For additional information about the Company, visit www.genesisworldwide.com.\n\nCaution Regarding Forward Looking Information\n\nCertain statements in this press release which are not historical facts constitute forward-looking statements\nor forward-looking information within the meaning of applicable securities laws (\"forward-looking statements\")\nand are made pursuant to the \"safe harbour\" provisions of such laws. Statements related to the Company's\nprojected revenues, earnings, growth rates, performance, business prospects and opportunities are forward-\nlooking statements, as are any statements relating...

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