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Leading Kids Culture Tracker Names Gupi as One of 10 Kids Trends ''You'll Want to Look out For'' NEW YORK --(Business Wire)-- July 8, 2004 -- Genio Group, Inc. (OTC BB: GNOI)-- Interactive Electronic Guinea Pig Chats Wirelessly, Walks, Talks and Shows Emotions -- Genio Group to Distribute Gupi in the US and Canada Beginning in Late 2004 On the heals of its exclusive agreement to market, promote, distribute and sell Gupi (pronounced "Goopy") products in the United States and Canada, Genio Group, Inc. (OTC BB: GNOI), a developer and marketer of innovative entertainment and leisure products for kids, announced today that Gupi has been named as an upcoming kid-culture trend in Big Blue Dot's June 22, 2004 Trend Update. Big Blue Dot's bi-weekly trend analyses, which are derived from inputs from a broad base of creative and executive professionals, teachers and others, have emerged as highly respected and closely watched "radar" for identifying important emerging kids trends and opportunities. Gupi is a high-tech, electronic guinea pig that looks, feels and acts like the real thing. Gupi is very intelligent and has a mind of its own; it can even allow its owner to chat with other Gupi and their owners. Gupi can also walk around the house without bumping into anything or falling down stairs. Genio's EVP Sales and Marketing, Bruce Holland, stated, "Big Blue Dot's recent trend update confirms our excitement about the next generation of the product which is due later this year. We are looking forward to bringing this one-of-a-kind product to the U.S. and Canada and believe it has the potential to be a standout hit, given its combination of state-of-the-art technology, true pet characteristics, and the success of earlier generations of the product. We are truly impressed with the new Gupi product and feel that it is ideally positioned to leverage the growing demand for more lifelike intelligent toys." In early June 2004 Genio Group entered an exclusive agreement to market, promote, distribute and sell Gupi products in the United States and Canada. Genio was granted right of first refusal to secure distribution rights in additional countries worldwide. Contingent on the completion of an array of technical and feature upgrades to Gupi, as well as the commencement of large-scale production, Genio looks to begin shipping Gupi products in the latter half of the December 2004 quarter/holiday shopping season. About Big Blue Dot (www.bigblue.com): BIG BLUE DOT creatively services three media: print, TV and Web. They are a mix of kid culture trend trackers, graphic designers, producers and brand strategists dedicated solely to the universe of kids. It's what differentiates Big Blue Dot from other creative firms, and enables them to deliver fresh, smart, fun, age-appropriate solutions to companies that care about kids. Big Blue Dot services include trend tracking, broadcast design, Web site design, logos, print and packaging, and branding. About Genio Group, Inc. Genio Group, Inc., is an innovative developer and creative marketer of entertainment and leisure products for kids, including collectible trading cards based on Marvel Super Heroes(TM), including Spider-Man(TM), The Incredible Hulk(TM), X-Men(TM), Daredevil(TM) and the Fantastic Four(TM) and a trading card game based on Mighty Beanz(TM) collectible characters. Genio products are available through a range of leading U.S. retailers including Wal-Mart, Target, CVS, K-Mart, Toys-R-Us, Eckerd and Walgreens, as well as abroad in selected markets. For more information about Genio Group, visit www.genioinc.com. Marvel and all related character names are TM & (C) 2004 Marvel Characters, Inc. All rights reserved. Super Heroes is a co-owned registered trademark. Mighty Beanz and all related character names are TM & (C) 2004 Moose Enterprises PTY Ltd. All rights are reserved. Except for any historical information that they contain, the statements in this news release regarding Genio Group, Inc.'s plans are forward-looking statements that are subject to certain risks and uncertainties, including, but not limited to, those relating to product demand, pricing, market acceptance, the effect of economic conditions, and intellectual property rights and the outcome of competitive products, risks in product development, risks of non-payment by distributors to Genio Group for purchase of our products and inability of Genio Group to reach agreements with distributors for distribution of our products in domestic and foreign countries and other factors discussed from time to time in Genio Group, Inc.'s Securities and Exchange Commission filings. Genio Group, Inc. undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made. |
