Genesis Worldwide Inc.
LSE : GWI

Genesis Worldwide Inc.

August 11, 2008 10:15 ET

Genesis Worldwide Inc. Announces Directors' Stock Option Grants

 
FOR IMMEDIATE RELEASE

                                             PRESS RELEASE

                                   GENESIS WORLDWIDE INC. ANNOUNCES
                                    DIRECTORS' STOCK OPTION GRANTS
                                                   
Mississauga, Ontario, August 11, 2008 - Genesis Worldwide Inc. ("Genesis" or the "Company"), (TSX/AIM:
GWI),  a leading provider of 'green' structural building technology using light steel, announces  that
the  non-executive directors of the Company, namely Richard Black, Ralph Steedman, Timothy  Armstrong,
Paul  Phipps and William Assini were granted 10,000 stock options each on August 11, 2008, exercisable
into  Common Shares of Genesis, at the five day volume weighted average exercise price of Cdn.  $1.11,
vesting  at  25%  on each of the first, second, third and fourth anniversary of the  grant  date,  and
expiring ten years from the grant date.

About Genesis Worldwide Inc.

Genesis develops and licenses structural building technology aimed at the residential, commercial  and
institutional building markets. Genesis offers licensees a turn-key solution enabling them  to  custom
design,  manufacture  and  install  complete light steel building  structures.  The  Genesis  Solution
encompasses  engineered  processes  and  materials that are environmentally  sustainable  or  'green'.
Genesis  is  headquartered in Mississauga, Ontario, Canada and has licensees  in  the  United  States,
Canada,   Europe  and  the  Middle  East.   For  additional  information  about  the  Company,   visit
www.genesisworldwide.com.
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For further information contact:

Genesis Worldwide Inc.
Catherine Smyth
Manager, Investor Relations
Tel: (905) 285-9909, ext. 302

- or -

Canaccord Adams
Robert Finlay
Tel: +44 020 7050 6500

Contact Information

  • Genesis Worldwide Inc.