| GK Intelligent Systems Acquires Stellar Software Network Thursday July 22nd, 10:00 am ET HOUSTON--(BUSINESS WIRE)--July 22, 2004--GK Intelligent Systems, Inc. (OTCBB:GKIG - News), a publicly held micromarketing company with entertainment and technology subsidiaries, announced today that it closed the acquisition of Stellar Software Network Inc. on July 15, 2004. Under the terms of the agreement, GKIG acquired all of the equity of Stellar, a privately held company, for equity in GKIG. The transaction was arranged by Stanton, Walker & Company, a New York-based consulting firm retained by GK. According to the president and CEO of GK Intelligent Systems, Inc., Gary Kimmons, "This is an important day for GKIG. This acquisition is an excellent fit with our corporate strategy of organic growth and we look forward to Stellar Software contributing to the success of our overall company." "Kimmons went on to say, "We are excited to welcome Sunil Nariani, founder, president and CEO of Stellar Software Network. He will be responsible for providing the leadership necessary to continue to grow Stellar Software in the future." Sunil Nariani, president and CEO of Stellar Software Network commented, "The vision and leadership that Gary Kimmons and GKIG have brought to the table will be tremendous assets to our management team. Together, we can advance our industry in ways never before possible," Nariani said. About Stellar Software Network Stellar Software Network, www.stellarsoftware.net, is a provider of Professional Software Services, offering custom software development, systems integration, onsite/offsite and offshore software development. Stellar also provides both temporary and permanent IT staffing personnel. Stellar's impressive customers and representative clients include Verizon, American Express, Hewlett Packard, Perot Systems, and Ericsson. About GK Intelligent Systems GKIG is a micromarketing company that is leveraging its public status as well as advanced software technologies to offer a unique new form of personal service. In a world of fast developing personalized technology, GKIG has developed a business model that leverages a new form of marketing called "permission marketing." The Company operates various emerging entertainment and technology subsidiaries with an emphasis in the music industry. For more information on GK Intelligent Systems please visit the corporate Web site, www.gkis.com, and its exciting music entertainment subsidiary's Web site, 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. ------------------------------------------------------------------------
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