Genesis Worldwide Announces Appointment of New ...

FOR:  GENESIS WORLDWIDE INC.

TSX, AIM SYMBOL:  GWI

September 4, 2008

Genesis Worldwide Announces Appointment of New Chief Financial Officer

MISSISSAUGA, ONTARIO--(Marketwire - Sept. 4, 2008) - Genesis Worldwide Inc. ("Genesis" or the "Company"),
(TSX:GWI)(AIM:GWI), a leading provider of "green" structural building technology using light gauge steel aimed
at the residential, commercial and institutional building markets, is pleased to announce the appointment of
Gregory Kent, aged 38, as the new Chief Financial Officer of the Company. Mr. Kent succeeds Paul Kroetsch, aged
49, who has decided to pursue other business opportunities. The Company would like to thank Mr. Kroetsch for
his contributions over the past two years and wish him well in his future endeavors.

CFO Appointed

Mr. Kent has held various senior finance positions with multinational, high growth companies in the software
and manufacturing industries. His most recent position was Vice President, Finance at Redknee Inc., an
international telecommunication software and services provider, which is listed on the Alternative Investment
Market (AIM) of the London Stock Exchange. Mr. Kent is a Chartered Accountant and a graduate of Queen's
University with a Bachelor of Commerce (Honours) degree. Mr. Kent has over 16 years of finance experience
including capital market and debt fund raising, business process design/reengineering, and establishing
international business arrangements and legal entities.

"We are very pleased that Mr. Kent has joined Genesis Worldwide. Mr. Kent brings to Genesis a wealth of
experience which will make him an invaluable addition to our senior management team," said Vince Mifsud,
President and Chief Executive Officer of Genesis Worldwide. Mr. Mifsud added that this is not a Board
appointment for Mr. Kent.

Mr. Kent was granted stock options on September 2, 2008, exercisable for 100,000 Common Shares of Genesis, at
an exercise price of Cdn. $0.85, 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.

Director Resignation

The Company also announces a change to the Board with the resignation of William Assini, a director of the
Company, effective August 22, 2008. Mr. Assini has decided to pursue other business interests.

The Chairman of Genesis Worldwide, Richard Black, stated, "We would like to thank Mr. Assini for his
contributions to Genesis Worldwide over the past year and wish him continued success in his future business
endeavours."

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.

FOR FURTHER INFORMATION PLEASE CONTACT:

Genesis Worldwide Inc.
Catherine Smyth
Manager, Investor Relations
[phone], ext. 302

OR

Canaccord Adams
Robert Finlay
[phone]

Genesis Worldwide Inc.