Genesis Products Division Enters New Government...

FOR:  GENESIS WORLDWIDE INC.

TSX, AIM SYMBOL:  GWI

October 23, 2008

Genesis Products Division Enters New Government Assisted-Living Housing Market

MISSISSAUGA, ONTARIO--(Marketwire - Oct. 23, 2008) - Genesis Worldwide Inc. ("Genesis" or the "Company"),
(TSX:GWI)(AIM:GWI), an industry leader in "green" structural building technologies, today announced that its
Genesis Products Division and subsidiary, KML Building Solutions ("KML"), has been contracted to build green
affordable housing units in Cambridge, Ontario for low income families.

KML will supply all the light steel framing needs for the government assisted-living mid-rise multi-family
structure. Onsite work has commenced, and the estimated completion date for KML's portion of construction is
January 30, 2009. This project represents a four-storey building which meets a high standard of fire
requirements in the Ontario Building Code. KML will supply and install the Genesis Solution, which includes the
Genesis Wall Panel System, Genesis iSPAN(TM) Floor System with Metal Deck and Concrete, as well as a Genesis
Roof Truss Solution.

Genesis' light steel structural building technology is environmentally conscious and energy efficient, as well
as being fire resistant, which will provide a superior, safe living environment. Air quality remains superior
because light steel buildings are allergen-free, mould-free and toxin-free. KML and Genesis have the experience
and successful track record to build affordable housing in the marketplace.

Genesis' President and CEO, Vince Mifsud, says Genesis is excited to be part of this affordable housing
project. "This is the first project for KML in this particular market segment. We are pleased to be building
quality residential structures that are important for residents in Cambridge. The government assisted-living
market is an interesting niche for our licensees. Our Genesis Solution fits particularly well where there are
multiple family units connected and when combustibility and sound are concerns, which is the case here.
Importantly, our solution also allows for buildings to take on many different architectural styles in order to
blend into the community without looking like a block of apartments."

Added Mifsud, "The quality and speed of the Genesis Solution means that families will be able to benefit from
these mid-rise residential units within a short time-frame. Significantly, this housing project will have a
long standing impact on the Cambridge community for many years to come."

About KML Building Solutions

KML utilizes Genesis' framing technology to provide builders with higher quality, faster and more cost
effective framing solutions than the traditional framing methods of the past. Innovative light steel building
materials and a fully integrated "turn-key approach" to framing construction sets KML apart and provides
builders with a more simplified building process with considerably less risk. KML has become a leading light
steel framing innovator and provider focused on the Ontario market, and has constructed over 400 projects
totaling approximately ten million square feet. KML's manufacturing facility is located in Vaughan, Ontario,
Canada and is Genesis' first Canadian licensee. For additional information about KML, visit
www.kmlbuildingsolutions.com.

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.

Caution Regarding Forward Looking Information

Certain statements in this press release which are not historical facts constitute forward-looking statements
or forward-looking information within the meaning of applicable securities laws ("forward-looking statements")
and are made pursuant to the "safe harbour" provisions of such laws. Statements related to the Company's
projected revenues, earnings, growth rates, performance, business prospects and opportunities are forward-
looking statements, as are any statements relating to future events, conditions or circumstances. The use of
terms such as "may", "will", "should", "plan", "believes", "predict", "potential" "anticipate", "expect",
"project", "target", "estimate", "continue" and similar terms are intended to assist in identification of these
forward-looking statements. These statements are based on certain factors and assumptions including expected
growth, results of operations, performance and business prospects and opportunities. These assumptions,
although considered reasonable by the Company at the time of preparation, may prove to be incorrect.

Readers are cautioned not to place undue reliance upon any such forward-looking statements. Such forward-
looking statements are not promises or guarantees of future performance and involve both known and unknown
risks and uncertainties that may cause the actual results, performance or achievements of the Company to differ
materially from the results, performance, achievements or developments expressed or implied by such forward-
looking statements.

Many factors could cause the actual results of the Company to differ materially from the results, performance,
achievements or developments expressed or implied by such forward-looking statements, including, without
limitation, those factors discussed under the heading "Risk Factors" in the Company's most recent Annual
Information Form ("AIF"), a copy of which is available on SEDAR at www.sedar.com. Forward-looking statements
are based on management's current plans, estimates, projections, beliefs and opinions, and the Company does not
undertake any obligation to update forward-looking statements should assumptions related to these plans,
estimates, projections, beliefs and opinions change.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Genesis Worldwide Inc.
Catherine Smyth
Manager, Investor Relations
[phone], ext. 302
Website: www.genesisworldwide.com

OR

Canaccord Adams
Robert Finlay / L. Warren Pimm
[phone]

-0-

Genesis Worldwide Inc.