Oceanside, California - September 9, 1999 - Greenland Corporation (OTC Bulletin Board: GLCP) announced the sale and installation of a SmartCash ATM machine. Dr. Lou Montulli, CEO of Greenland Corporation stated, "On August 30, Greenland Corporation completed the sale and installation of a SmartCash ATM machine at the Snappy Food Mart located on 5205 West Terminal in Los Angeles, California. The location is a provider of liquor and food services." Dr. Montulli indicated that this machine was purchased by an independent service operator (ISO) associated with SmartCash ATM and is expected to be the first of several purchases by this particular ISO. This machine replaced an existing ATM machine and features check cashing, ATM and money order services. 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. This report contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which could significantly impact the actual results, performance or achievements of the company or industry results. Such risks and uncertainties include, but are not limited to, risks associated with uncertainties relating to the timeframe for product development and commercial introduction, impact of rapid technological change and competition, manufacturing uncertainties and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. Web site: http://www.greenlandcorp.com
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