Press Release

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 

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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