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Technology Stocks : GKI-GK Intelligent Systems -- Ignore unavailable to you. Want to Upgrade?

To: Tech Master who wrote (36)	4/1/1998 10:01:00 AM
From: Gerald Merna	Read Replies (1) \| Respond to of 143

Wednesday April 1, 9:21 am Eastern Time Company Press Release SOURCE: GK Intelligent Systems, Inc. GK Intelligent Systems, Inc. Announces a $5 Million Private Placement HOUSTON, April 1 /PRNewswire/ -- GK Intelligent Systems, Inc. (OTC Bulletin Board: GKIS - news) today announced that it had reached a preliminary agreement with a Houston-based group of private investors. The group will provide GKIS with $5,000,000 in a private placement of restricted GKIS common stock. The investor group, composed of current and former chairmen and CEO's of Fortune 500 companies, will receive two seats on the Company's Board of Directors. Gary Kimmons, founder and largest shareholder of GKIS, continues as CEO and retains control of the Company. GK Intelligent Systems, Inc. is a development stage software company located in Houston, Texas, whose first product, ''Around the Web in 80 Minutes'', is in the final stage of prerelease. For more information on the company, please visit the corporate web site at: www.gkis.com or call (713) 940-7722. SOURCE: GK Intelligent Systems, Inc.