Ginsite President Interviewed on Internet News Network.

NEW YORK--(BUSINESS WIRE)--March 9, 1999--Murray Ginsberg, Chairman and President of Ginsite Materials, Inc. of Fort Lauderdale (OTC BB:GSIT), is quoted in an interview that can be read or heard via the Internet on The Wall Street Reporter's web site http://www.wallstreetreporter.com).

Mr. Ginsberg commented, "Interviews concerning our product, Ginsite, and our new product, Ginsent, offer a tremendous opportunity to announce the excitement of the versatility of our products.

"Ginsite has been in R&D for the last five years and following appropriate testing, all with positive results, it is now time to manufacture Ginsite, which can help in solving critical worldwide environmental and housing needs. We appreciate this interview, which gives Ginsite Materials, Inc. the opportunity to communicate to our shareholders and the business community-at-large."

In the interview, Mr. Ginsberg discusses not only the versatility of Ginsite, but also future products which will have a major impact on the construction and marine industries.

Registered in the State of Florida in August, 1997, Ginsite Materials Inc. is a newly-formed corporation that has introduced a new product which will preserve the natural forest resources because it is a resin-bound innovative material which is non-porous, waterproof, and bonds to all construction surfaces except polyethylene. It can be used to enhance wood and cement, and has unlimited applications.

The creation of this inexpensive, superior and more durable construction element, that can be inexhaustibly resourced in all environments, is a giant step forward in providing permanent housing solutions. It's waterproof nature and its tensile strength, for example, are far in excess of many forms of concrete.

The uniqueness of Ginsite is that it contains no hazardous materials, and therefore, is non-toxic, lightweight, easy to apply on concrete, wood, asphalt or other types of materials, and is competitively priced. This new product, which will outperform other sealants in the marketplace, is proving to be the construction material of the new millennium.

This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the company expects, believes, or anticipates will or may occur in the future, are forward-looking statements. These statements are based on certain assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.

For further information, contact Henry Max at 954-321-9616.