2004-05-27 10:10:07

CXN/Bio-Tracking Reduces Debt by 97.1%

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Automotive Writers / High-Tech Writers / Business Editors MONTREAL, Quebec--(BUSINESS WIRE)--CXIN-- CHINA XIN NETWORK MEDIA CORP. (CXIN:OTCBB)The company balance sheet has been strengthened as a result of a significant reduction in liabilities. On December 31, 2003 liabilities were $1,345,149. Today the company stands virtually debt-free, at $38,463, an impresive reduction of 97.1%. This directly confirms the company's ability to persist with the execution of its business model by enhancing the capacity to raise additional capital with terms and conditions in our favor. Management 's view is the company's financial statements which reflect a material improvement in the financial performance of the company,demands recognition and respect, proving actions speak louder than words. Management would like to reiterate our philosophy of increased overall financial transparency to provide investors with the disclosure necessary to evaluate the company and to make informed investment decisions. Our goal is to improve investors' understanding of the company's financial condition by providing the context within which the company's financial statements should be analyzed. Mr. Kerry Schacter, B.Admin., CIM, Independent Director and Financial Advisor of CXN Media/Bio-Tracking commented, "A clean, strong balance sheet goes a long way to restore investor confidence. By enabling investors to see the company through the eyes of management, we are putting our valued investors in the driver's seat." Chairman, President, and CEO Mr. Michael Tremis voiced, "I continue to demonstrate my commitment to deliver on my promise to enhance shareholder value, paving the way for sustainable revenue and earnings growth." "Further my dedication is unchallangble." Mr. Michael Tremis added with conviction. Management invites any interested shareholder or investor wishing to submit written comments on any aspect of the company to do so by sending your e-mails directly to company President Mr. Michael Tremis. ABOUT BIO-TRACKING SECURITY INC. CHINA XIN NETWORK MEDIA CORPORATION acquired BIO-TRACKING SECURITY INC. of Montreal, Canada, in December 2003. Bio-Tracking designs and manufactures Vehicle/Asset Tracking and Security Technology, based on a Patent Pending, Wireless Interconnection Methods, Real-time Tracking, Driver Privledge Control, Remote Shutdown, Lock/Unlock, GPS / Inertial Navigation, Biometric Fingerprint Identification, Voice Communication and Spread Spectrum Communication. SAFE HARBOR STATEMENT Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitation, demand and competition for the Company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from its operations and the ability of the Company to manage its operations. FOR INFORMATION, PRESS RELEASES AND SEC FILINGS. Website:www.bio-tracking.com KEYWORD: NEW YORK INDUSTRY KEYWORD: AUTOMOTIVE SOFTWARE HARDWARE COMPUTERS/ELECTRONICS EARNINGS SOURCE: China Xin Network Media Corporation / Bio-Tracking Security Inc. CONTACT INFORMATION: CXN Media/Bio-Tracking Michael Tremis, 514-338-3805 mtremis@bio-tracking.com

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Due Da Due......But Be Quick About It!!!!!

GK Intelligent Systems, Inc. Releases Analyst Report

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> HOUSTON, May 27, 2004 (PRIMEZONE) -- GK Intelligent Systems, Inc. (OTCBB:GKIG) today released the results of a report on their company, recently initiated by GK Intelligent Systems, and prepared by analyst Howard N. Stillman on May 26, 2004 with a speculative buy rating. The complete, unedited text of that report is as follows. ----- Symbol: GKIG SPECULATIVE BUY Price Objective $0.25 -- $0.50 Current Price: $0.03 52 Week Price Range: High $0.23 Low $0.022 Capitalization: Common Stock: 68,966,498 outstanding Float: 15,000,000 approximate CORPORATE STRATEGY: The evolution of world economies and improving living standards in many areas has stimulated interest in leisure time activities which has been amplified by the growth of the Internet. The company is striving to participate in these momentous trends in the areas of sports; the musical arts; consumer shopping and related activities. Using its basic and accepted software teaching programs, it has launched an aggressive program of joint ventures and has begun to implement acquisitions and merger strategies that can both augment and expand its operating base. These efforts are nearing short term completion from which it can establish a sound revenue base wherein it can foster operating and earnings growth in the future. In late 2003, the company launched its new subsidiary, Recording Artists Worldwide. RAWW was to become a one-stop incubator of musical talent offering tomorrow's future stars the necessary resources and training to become the next best thing in the $40 billion music industry internationally. It subsequently created "Your True Voice Studios", a music education and vocal training subsidiary. Training the students will be some of top vocal and musical instructors in the industry. Negotiations are underway to acquire a music studio and a sound lab. The latter provides teaching and education in the management and operation in recording and other aspects of the music field. Other potential acquisitions include a placement agency for Information Technology personnel and a firm specializing in merger and acquisition services. The latter can be used in house or generating fees from outside the parent company. Successful completion of these deals will result in $6.5 million in revenues added to operations. Complementing these activities is the recently announced joint venture with DigiCast Interactive Media, a developer and manager of turn-key multilingual websites in the U.S. and Latin markets. The first program will be designed to enhance the consumer's Internet and "in-store" shopping experience as well as increase traffic both to web merchandising sites and the brick and mortar stores of retailers. The second program will be the roll out of The Baseball Club. Prominent baseball stars will be featured and personalized technologies to establish bonds with fans both at home and abroad where the sport is cherished. In addition, purveyors of baseball goods and services will be presented with new opportunities to expand their markets. Financial requirements will be provided by note financing of $500,000 and expected revenues for the balance of this year. The creation of new corporate credit lines is expected shortly. Outlook: The shares at current levels are suitable for risk-oriented investors seeking speculative capital gains. Howard N. Stillman Security Analyst (This report is read at your own risk. It was prepared for a fee of $3,000. It is based upon information believed to be reliable, but cannot be guaranteed as to its accuracy or completeness.) ----- For more information on GK Intelligent Systems please visit the corporate website, http://www.gkis.com, and its exciting music entertainment subsidiary's website, http://www.RAWW.com. Safe Harbor Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. CONTACT: FOCUS Partners LLC Investor Relations Contact: David Zazoff 212-752-9445

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Due Da Due......But Be Quick About It!!!!!