Genoil Inc.: New Member of Genoil's Advisory Board

CALGARY, ALBERTA, Sep 02 (MARKET WIRE) --
Genoil Inc. (TSX VENTURE: GNO) (OTCBB: GNOLF) is pleased to announce the
appointment of Ali M. Al-Shateri to its Advisory Board. Mr. Al-Shateri,
M.B.A., is based in the United Arab Emirates and will serve Genoil as a
regional liaison for the Middle East, as well as Africa and Asia.

Mr. Al-Shateri is a Director of Better Trends Group, a Dubai, U.A.E.,
based company created to participate in the expanding business
opportunities offered by the region and that consists of a group of
qualified professionals putting together many years of experience in the
financial markets, business development, strategic planning, operations,
marketing and skills development. Mr. Al-Shateri has numerous
relationships within the business community throughout the Gulf region,
and around the world.

Mr. Al-Shateri holds a Diploma in Higher Technician Studies
(Electronics), and another Diploma in Maintenance Management from the
Universite Pierre et Marie Curie, Paris, France, in cooperation with
Thomson-CSF. Mr. Al-Shateri earned his M.B.A. in Military Sciences from
the Academy College of Military Command and Leadership in France.

Mr. Al-Shateri was awarded the Rashid Award for Scientific Achievement. A
retired Lieutenant Colonel in the U.A.E. Military Forces, Mr. Al-Shateri
has provided a distinguished service and holds an impeccable record of
achievements in the service of his country.

He is also fluent in French, English, Arabic, Russian, Swahily and Urdu.

About Genoil

Genoil Inc. is an international engineering technology development
company based in Alberta, Canada that develops innovative hydrocarbon,
oil and water separation, and marine technologies.

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

Contacts:
Genoil Inc.
David Lifschultz
Chairman and CEO
(212) 688-8868
Website: www.genoil.net

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