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Fund Manager Joins Board of GSI Securitization Inc.
Date:9/17/2007

Michael E. Phillips MBA Offers Extensive Hospital, Financial and Capital

Market Expertise

PRINCETON, N.J., Sept. 17 /PRNewswire-FirstCall/ -- GSI Securitization Inc. (Pink Sheets: GSIEF) is pleased to announce that Michael E. Phillips has been elected to our Board of Directors.

Michael E. Phillips. - Mr. Phillips brings an important dimension to GSI because of his crossover experience in both the healthcare and finance industry.

In the Healthcare Arena:

Mr. Phillips has extended experience working in a specialty hospital and general hospital environment as a financial consultant. He has in depth working knowledge and capability in focusing revenue management to reimbursements. He is an expert in improving policies and streamlining operations, to increase income and lower costs. He has a great deal of experience working with top management, staff, and systems employed to generate financial growth.

He also worked with these hospitals in improving their communication system wide as it relates to financial growth, patient servicing efficiencies, costs to clinical services and conducted analysis connecting performance measurements to quality of care and cost of care. He brings experience in identifying profit and cost centers within hospitals, and integrating advanced technology into systems to cut data entry errors and costs.

In the Financial Arena:

Mr. Phillips has moved from on-site consulting to hospitals to the financial arena, making buy and sell recommendations for hedge funds portfolios. He is presently a partner and senior analyst at Zeff Capital. He has been instrumental in identifying undervalued investment opportunities in the equity and currency markets, evaluating multiple investment opportunities within various markets including healthcare. In this activity he has worked and knows the healthcare business due diligence processes and financial forecasting.

Gunther Slaton, President of GSI states ... "He brings to GSI the scope of expertise in healthcare, the business model for a successful hospital operation, the financial community portfolio development expertise, the knowledge of the investor portfolio growth potential of undervalued stocks, and the analysis of the financing projects for GSI funding, profitability, and security of investment modeling for the public market. In addition, Mr. Phillips knows the hospital business inside and out and will be instrumental to GSI in business development, servicing, and financial community modeling helping with GSI's emerging growth."

Statements released by GSI Securitization, Inc. that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.

We welcome your calls or emails:

Contact: GSI Investor Relations

Phone: Sally Engel 913-787-2988

Email: finance@gsisecuritization.com

Website: http://www.gsisecuritization.com


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SOURCE GSI Securitization Inc.
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