SOURCE: Gateway International Holdings, Inc.

April 19, 2007 09:16 ET

Gateway International Holdings Selects SAP® Business One and Level Eight Systems for New Business Management System

ANAHEIM, CA -- (MARKET WIRE) -- April 19, 2007 -- Gateway International Holdings, Inc. (PINKSHEETS: GWYI) announced an agreement with Level Eight Systems, Inc. and SAP® America, Inc. (NYSE: SAP) to implement the SAP Business One ERP suite within the Machine and Tools Group and the Precision Manufacturing Group at Gateway. An integrated, affordable business management solution designed specifically for small businesses, SAP Business One extends the benefits of SAP's business applications to a rapidly growing segment of customers. As an SAP Business One partner, Level Eight Systems will provide Gateway with the technology, business process and consulting knowledge to easily adopt successful, long-term information technology strategies.

This partnership will provide software and consulting services to all Gateway business units with limited resources and technology infrastructure to gain immediate benefits in better managing their businesses. Together, Level Eight and SAP will provide the Gateway management team with the ability to make smart information technology decisions, improve future performance, and achieve long-term success with little financial or strategic risk.

"I am very excited to be associated with Level Eight and SAP in this project. We spent considerable time researching system platforms and we believe that the SAP Business One is the right choice for all of our business segments now and into the foreseeable future," commented Stephen Kasprisin, Chief Financial Officer of Gateway. Mr. Kasprisin added, "This platform will allow us to consolidate our back office systems while upgrading our manufacturing efficiencies and cost management systems. In addition, SAP® Business One has undergone rigorous Sarbanes-Oxley reviews and has proven to comply with the provisions of SOX 404. This will be very beneficial to the Company once SOX 404 testing is required in fiscal 2008."

Tim Consalvi, Gateway's CEO, commented, "SAP Business One not only provides immediate results in operating efficiency and real-time business decisions, but also comes with an affordable price tag. We recognize the importance of leveraging business software and we consider this software as an integral component of our business growth strategy. In addition, this platform will provide easy integration of acquired operations which is a key factor in our growth plans. I am very happy that we have finalized a decision on our software platform and I look forward to its implementation in the near future."

Investor information is available on Gateway International Holdings website at Additionally, a downloadable Investor Fact Sheet is available at

About Gateway International Holdings

Gateway International is a precision manufacturing and Computer Numerically Controlled ("CNC") equipment sales company that is expanding throughout the United States through internal growth and the acquisition of well-established, profitable companies. Acquisition candidates are primarily in the Aerospace and Defense precision manufacturing industry. Currently, the company has two operating groups: the Precision Manufacturing Group and the Machine and Tools Group.

The Company manufactures precision components for the commercial aerospace, military and defense, medical equipment, and communication industries. Clients include: Boeing, Lockheed Martin, Northrop Grumman, Toyota Racing Development, Panasonic, Western Digital, Meggitt Defense Systems, Malibu Research and many others.

About Level Eight Systems

A leader in business solutions for small and midsize companies, Level Eight Systems is a one stop shop providing sales, implementation, data migration, training, enhancements, support and IT services when needed. Founded in 1997, Level Eight Systems has a successful track record of being on-time and on-budget. With hundreds of successful implementations under our belt, our experience is your advantage. Additional Information is available at


This press release may contain forward-looking statements. The words 'estimate,' 'possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

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