USA (212) 688-8868 sales@genoil.net

GENOIL TO PRESENT AT CONFERENCES IN BAHRAIN, KUALA LUMPUR AND SAN FRANCISCO (2007-05-21)

GENOIL TO PRESENT AT CONFERENCES IN BAHRAIN, KUALA LUMPUR AND SAN FRANCISCO
2007-05-21

 

TSXV SYMBOL: GNO
OTCBB SYMBOL: GNOLF.OB

Calgary, Alberta, Canada.- Genoil Inc. (“Genoil” or the “Corporation”) is pleased to announce that the Corporation’s executives will be presenting at conferences in Bahrain, Kuala Lumpur and San Francisco during May 2007.

Genoil’s COO, Mr. James Runyan, is scheduled to present on “Bottoms Upgrading & Oil Quality Upgrading – Ways to Efficiency & Business Development Options,” at the 1st Asia Bottom of the Barrel Technology Conference & Exhibition on May 23rd at 2:45 pm at the Impiana KLCC Hotel in Kuala Lumpur, Malaysia. Mr. Runyan will be giving a presentation on Genoil’s GHUTM technology, methods to achieve more efficiency in hydrogen addition processes, field upgrading and pre-refining business and technology options. James Runyan has 20 years of direct hydrocarbon experience as a project and outage program construction manager, as well as significant engineering, procurement and construction experience.

With the Asian refining industry seeing an unprecedented interest in residue upgrading, the 1st Asia BBTC will bring together the leading suppliers of technology for residue conversion processes to present the latest developments and innovations for upgrading crude oil residues including the modernization of existing facilities, implementation of new units and catalyst technologies which will help improve profitability.

http://www.pbadesign.co.uk/works/webprojects/EPC2007_Programmes/AsBBTC_2007_Programme.pdf

Genoil will be represented by its Chairman and CEO, Mr. David Lifschultz who will be available to meet with both oil companies and investors in Bahrain at the CleanBusiness 2007 Conference from May 29th to 31st.

Genoil’s Corporate Finance consultant, Ms. Candice Beaumont, will be presenting at the CleanBusiness2007 Conference to be held in Bahrain from May 29th to 31st. This presentation is scheduled for Wednesday May 30th at 11:30 am at the Moevenpick Hotel in Bahrain. With over ten years experience in the investment business, Ms. Candice Beaumont is presenting an overview of Genoil as a clean technology solution provider in this business exchange forum, after having presented last year at the Middle East Forum on Fuel Cells and Hydrogen Economy. CleanBusiness2007 is one of the events organized bi-annually by Energative in order to raise the awareness and promote the use of environmentally friendly alternative energy, as well as acting as liaison between the international community and the regional one in the field of clean energy and technology, with a particular emphasis in the Middle East.

http://www.me-fuelcells.com/site/modules.php?name=Content&pa=showpage&pid=18

Genoil’s Chief Financial Officer, who has an impressive 13 years of investment banking experience, Mr. David Kippen, will be presenting for the investment community at the RedChip Small-Cap Conference on May 29th at 3:15 pm at the Ritz-Carlton hotel in San Francisco, California. The RedChip Small-Cap Investor Conference will feature over twenty-five small-cap public companies executive and financial presentations before hundreds of investment bankers, fund managers, institutional and accredited investors, research analysts, and high net worth individuals.

For more information please visit http://www.redchip.com.

Genoil is an international engineering technology development company providing sound solutions to the oil and gas industry through the use of proprietary technologies. The Genoil Hydroconversion Upgrader is designed to economically convert heavy crude oil into more valuable light synthetic crude, high in yields of transport fuels, while significantly reducing the sulfur, nitrogen and other contaminants in the heavy oil. Genoil’s shares are listed on the TSX Venture Exchange under the symbol GNO, as well as on the OTC Bulletin Board under GNOLF.OB.

For more information on Genoil Inc. visit www.genoil.net.

Genoil Contact:
David Lifschultz
914-393-5800
 DKLifschultz@genoil.net

Media Contact:
Todd Barrish
Dukas Public Relations
212-704-7385
 todd@dukaspr.com

###

ADVISORY: The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

RedChip Small-Cap Conference, San Francisco.
CleanBusiness 2007, Bahrain.
1st Asia Bottom of the Barrel Technology Conference, Malaysia.