Business
Genesis Worldwide Inc. Prepares for Growth
Genesis Worldwide Inc. Prepares for Growth.

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[{"type":"text","content":"\n \n\n FOR IMMEDIATE RELEASE\n\n PRESS RELEASE\n\n GENESIS WORLDWIDE INC. PREPARES FOR GROWTH\n Opens Engineering Design Centre in Ankara, Turkey\n\nMississauga, Ontario - April 21, 2008 - Genesis Worldwide Inc. (\"Genesis\" or the \"Company\"), (TSX/AIM: GWI), an\nindustry leader in \"green\" structural building technologies using light steel, is pleased to announce that the\nGenesisTP Inc. Engineering department has expanded with the establishment of a new engineering office in\nAnkara, Turkey's capital city. The new Genesis Engineering Design Centre (\"Genesis Centre\") has been created\nto provide Genesis' engineering resources to Genesis' licensees around the world.\n\nThe Genesis Centre will support and assist its licensees in the development of their businesses by offering\nstructural engineering and design expertise. \"Recognizing that a licensee has a number of things to do to\nbuild their business and get their manufacturing facilities operational, we believe it makes good business\nsense to open an office that will handle the engineering and detailing aspects of our licensees' business\nworldwide. This expansion is the result of the growth of GenesisTP,\" said Vince Mifsud, President and Chief\nExecutive Officer of Genesis.\n\nEngineering and design are key elements of the Genesis process, and as part of the \"Genesis Solution\",\nlicensees are able to access services which provide operational planning, design, training and support. In\nthat licensees use Genesis light steel structural engineers to design and inspect each building structure,\ntheir customers can expect the structural integrity and quality of such buildings to meet and exceed applicable\nbuilding standards.\n\nMike Tancredi, P. Eng., PE, MSCE, Genesis' Vice President of Engineering and Design, sees this as a \"win-win\"\nfor both Genesis and its licensees. \"We have the expertise to provide the added-value support to assist our\nlicensees in building a great product. Genesis benefits in that we have broadened our engineering services\nmarkets as we continue to grow our business internationally,\" commented Tancredi.\n\nMr. Tancredi added, \"Turkey is a strategic choice for the location of our Genesis Centre, due to its proximity\nto Europe and the Middle East. The Ankara office will serve our licensees in this part of the world very\neffectively. As w...
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