SOURCE: Gateway International Holdings, Inc.

June 29, 2005 15:39 ET

Gateway International Subsidiary, Nu-Tech Industrial Sales, Signs Supply Agreement

ANAHEIM, CA -- (MARKET WIRE) -- June 29, 2005 -- Gateway International Holdings, Inc. (OTC: GWYI) announced today that Nu-Tech Industrial Sales, Inc. ("Nu-Tech") has reached an integrated supply agreement with Chino, California-based Kern Manufacturing.

Under the terms of this agreement Nu-Tech will supply Kern Manufacturing with all required manufacturing supplies at its Chino California facility, as well as Kern's manufacturing plant in Tijuana, Mexico. The program is a part of Nu-Tech's Inventory Management Program that provides a full inventory management system for its customers saving the client both time and money.

Nu-Tech's President, Mr. Rob Page, commented on the new alliance, "This integrated supply agreement with Kern Manufacturing is an example of how Nu-Tech can help manufacturers streamline their manufacturing processes and add value to their bottom line. We look forward to developing this relationship with Kern Manufacturing even further and anticipate developing similar relationships with additional firms in the future."

Nu-Tech is a Southern California-based sales organization and a wholly owned subsidiary of Gateway International Holdings, Inc. Nu-Tech is in the business of supplying industrial tools and supplies to the Aerospace, Automotive and Medical Equipment manufacturing industries, with clients located throughout the United States and Mexico.

"SAFE HARBOR":

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.

Contact Information