Genesis Worldwide Inc. Announces Directors'...

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[{"type":"text","content":"\n \n\nFOR IMMEDIATE RELEASE\n\n PRESS RELEASE\n\n GENESIS WORLDWIDE INC. ANNOUNCES\n DIRECTORS' STOCK OPTION GRANTS\n\nMississauga, Ontario, August 11, 2008 - Genesis Worldwide Inc. (\"Genesis\" or the \"Company\"), (TSX/AIM:\nGWI), a leading provider of 'green' structural building technology using light steel, announces that\nthe non-executive directors of the Company, namely Richard Black, Ralph Steedman, Timothy Armstrong,\nPaul Phipps and William Assini were granted 10,000 stock options each on August 11, 2008, exercisable\ninto Common Shares of Genesis, at the five day volume weighted average exercise price of Cdn. $1.11,\nvesting at 25% on each of the first, second, third and fourth anniversary of the grant date, and\nexpiring ten years from the grant date.\n\nAbout Genesis Worldwide Inc.\n\nGenesis develops and licenses structural building technology aimed at the residential, commercial and\ninstitutional building markets. Genesis offers licensees a turn-key solution enabling them to custom\ndesign, manufacture and install complete light steel building structures. The Genesis Solution\nencompasses engineered processes and materials that are environmentally sustainable or 'green'.\nGenesis is headquartered in Mississauga, Ontario, Canada and has licensees in the United States,\nCanada, Europe and the Middle East. For additional information about the Company, visit\nwww.genesisworldwide.com.\n - 30 -\nFor further information contact:\n\nGenesis Worldwide Inc.\nCatherine Smyth\nManager, Investor Relations\nTel: (905) 285-9909, ext. 302\n\n- or -\n\nCanaccord Adams\nRobert Finlay\nTel: +44 020 7050 6500\n\nGenesis Worldwide Inc.\n\n\t\t\t\t\t\t \n ","length":2018,"tagName":"div"}]

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