Genesis Capital Corp. of Nevada to Acquire RBSI Inc., a Dallas-Based ATM Machine Company

Business Wire, April 12, 2000

Business Editors

BURLESON, Texas--(BUSINESS WIRE)--April 12, 2000

Genesis Capital Corp. of Nevada (OTCBB: GNCP), Wednesday announced that it had signed an agreement to acquire all of the capital stock of RBSI Inc., a Nevada corporation.

In the agreement RBSI's sole shareholder has represented to Genesis that RBSI had unaudited 1999 sales of $17 million.

The acquisition is subject to customary conditions being met by both parties before closing, which is anticipated to be on or about April 15, 2000.

Under the agreement, Genesis will issue 8 million shares of its restricted common stock in exchange for 100 percent of the issued and outstanding common stock of RBSI Inc. All RBSI stock is currently owned by its President, Randy Coleman. Genesis currently has 2,067,911 shares of common stock issued and outstanding, so the 8 million share issuance would give Coleman a controlling interest in Genesis.

In connection with the agreement, RBSI's key employees have also signed a 4-year non-compete agreement with Genesis.

A number of statements contained in this press release are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance, of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing.

The actual results that GNCP may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.