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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: Paul Andrews who wrote (2210)6/18/1999 2:01:00 PM
From: JRB  Read Replies (1) of 2278
 
SOURCE:Greenland Corporation

Greenland Corporation Announces Appointment
of New Member To Board of Directors

OCEANSIDE, Calif., June 17 /PRNewswire/ -- Greenland Corporation (OTC
Bulletin Board: GLCP) today announced the appointment of William Randell Coleman to its Board of Directors.

Mr. Coleman is the Chief Executive Officer and founder of Smart Cash ATM, the Carrolton, Texas headquartered ATM distribution corporation that recently signed a major national distribution agreement with Greenland Corporation to distribute Greenland's automated payroll check-cashing machines.

Dr. Lou Montulli, CEO of Greenland, stated "Mr. Coleman is recognized as a
leader in the electronics fund transfer industry and is considered to be one
of the top national experts in retail off-premises ATM deployment. As the
exclusive distributor of Greenland's new 'Bank-in-a-Box', Mr. Coleman
brings with him over twenty years of experience in marketing and recruiting,
including extensive work with Fortune 500 companies."

"Mr. Coleman is a valuable addition to the Board of Directors and his
background in the ATM industry will be significant in establishing a strong
sales and marketing force for Greenland."

Greenland Corporation is a manufacturing corporation with existing product
and product under development. The Company is currently introducing an
automated payroll check-cashing machine with full ATM functionality, and
money order dispensing services. Future services to be included with the
machine are phone cards and advance payday loan services.

Contact:

Ed Sano, Investor Relations Managing Director, Greenland
Corporation, 760-414-9941
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