eMax's Subsidiary, Gateways Entertainment, Inc., Completes Merger with Spin Holdings, Inc., Initiates Marketing Campaign and Introduces New Product Line

ORLANDO, Fla., March 19 -- Gateways Entertainment, Inc., a Canadian subsidiary of eMax Corporation (OTC Pink Sheets: EMAX) has completed its merger with Spin Holdings, a reporting OTC Bulletin Board company, and is in the process of executing a name change, filing of its 15C2-11 and acquisition of a new trading symbol to complete its transition to public listing. eMax Corporation continues to anticipate distribution of the previously announced spin-off dividend of the newly public company to the EMAX shareholders of record by April 24th.

As announced February 28th, Gateways Entertainment, Inc. has signed a Letter of Intent to acquire Easyriders of Montreal http://www.easyridersmtl.com/ who attended Bikers Paradise 2003 with Gateways Entertainment, Inc. to promote their custom Harley-Davidson motorcycles and innovative parts. One of Easyriders of Montreal motorcycles, designed by Pino Di Feo, was photographed at Bike Week 2003 for use in articles to be published in "American Iron" and to appear on the covers of "Bikers Life" in Italy and "FreeWay Magazine" in France and Canada.

To assist in its marketing effort, the company has signed model Melissa Leblanc who appears in the photographs taken at Bike Week 2003. Ms. Leblanc will appear in photographs for "Bikers Life" and "FreeWay Magazine" in addition to "High Performance Magazine" in Germany and "Biker Magazine" in the USA, Canada and Europe.

Gateways Enterprises, a newly formed division of Gateways Entertainment, Inc., plans to introduce its new line of T-shirts to the public under the label "Freedom Made in America" on April 4, 2003. This new clothing line features ten new designs developed in conjunction with the company's alliance with apparel manufacturer Montreal Design of Montreal, Canada.

About Gateways:

Gateways produces, develops & implements positive sports & music events. It currently produces & promotes motorcycle & hotrod sports events throughout the U.S. The founders of Gateways have had success over the past 14 years selling motorcycles & related products. It generates profits from the sales of T-shirts, event novelties, motorcycles, & motorcycle parts year round at many motorcycle & sporting events throughout the U.S. It plans to make acquisitions as well as expanding its current product line.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward- looking statements involve risks and uncertainties, including, without limitation, the future press releases of EMAX.

http://www.emaxnet.net/