OCEANSIDE, Calif., Sept. 13 /PRNewswire/ -- Greenland Corporation (OTC Bulletin Board: GLCP) announced the sale and installation of a SmartCash ATM machine in Reno, Nevada.

Dr. Louis Montulli, CEO of Greenland Corporation stated, "On September 8, 1999, Greenland Corporation completed the sale and installation of a SmartCash ATM machine in Reno, Nevada. The installation was at the Post Dated Check Express located on 927 West 5th Street, Reno, Nevada. The location is a small casino that operates on a 24 hour basis, features a billiard parlor and check cashing facility."

Dr. Montulli indicated that this machine was purchased by an independent service operator (ISO) associated with SmartCash ATM. The machine replaced an existing ATM machine and features check cashing, ATM, money order, and phone card services. He further stated that these sales, although not in high volumes, are the core of the purchase orders that will generate manufacturing fees and transaction fees for the corporation.

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. A future service to be included with the machine is advance payday loans.

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.