COM-GUARD $0.17 SIGNS LICENSING DEAL WITH GTEC $0.24 IN CHINA Com-Guard and Genesis Technology Group Sign a License Agreement for Com-Guard's Security Software for Short Messaging ServicesBOCA RATON, Fla., Mar 29, 2004 (BUSINESS WIRE) -- Genesis Technology Group, Inc. (OTCBB:GTEC - News), a leading international business development firm that fosters bilateral commerce between companies in the West and China announced today the signing of a License agreement with Com-Guard, Inc. (OTCBB:CGUD - News), a California-based software design firm. The Company's unique Com-Guard (TM) software that enables users to monitor, limit and record access to data and report illicit activity to cell phones and PDA cell phones that provides a security system against tampering and unauthorized use of one's computer.

Dr. Edward W. Savarese, Chairman and Chief Executive Officer of Com-Guard, commented: "After just returning from China with the Genesis team, I am confident that we have tremendous potential with firms in China that are developing applications for the mobile market. After a myriad of executive meetings that were well attended, the Chinese development community demonstrated it's determination in implementing our software technology on mobile devices. We are committed in working with Genesis and their network in China to license our software."

Dr. James Wang, Chairman and President of Genesis Technology Group, said: "Com-Guard products and technologies received high distinction and genuine praise for its advanced features from many industry experts, software security companies and capital firms during two conferences with Shanghai United Equity and Assets Exchange and Shanghai Software Associations in March. We are confident that Com-Guard products have huge potential in China PC security and anti-pornography markets. Our Beijing operation also expressed their immense confidence in marketing Com-Guard products within the government sector promptly."

As a direct result of the product presentations and demonstrations by Dr. Edward W. Savarese in Shanghai, Genesis Technology Group also announced it has entered a letter of intent with Shanghai Zhongyu Communication & Technology Company, Limited, a leading wireless content provider, aggregator and mobile marketing provider in Shanghai, to memorialize the interest among Genesis Technology Group, Shanghai Zhongyu and Com-Guard, Inc. (CGUD) to explore the possibility of entering into any one of several business relationships among the parties. The business relationship among the parties ranges from licensing, joint venture partnership to direct investment.