Don't Know Beans About the Latest Trading Card Game? Genio Launches Mighty Beanz Trading Card Game Web Site

NEW YORK--()--May 24, 2004--Genio Group, Inc. (OTCBB:GNOI.OB), a developer and marketer of innovative entertainment and leisure products, announced today the launch of its new web site - www.beanz-tcg.com - for its new collectible trading card game based on the popular children's collectible toy, Mighty Beanz(TM). Mighty Beanz are one of the "hottest" and most popular children's collectibles in North America, and Genio's new trading card game is off to a strong start, having already shipped $2.2 million to mass-market retailers in the past month. Feedback from retailers is positive indicating good initial sell-through to consumers.

Genio's President, Susan Eisner, commented, "We are delighted with the launch of the Mighty Beanz(TM) collectible trading card game web site, which offers fans bright and colorful, user-friendly navigation with exciting information on the game. The site offers players access to everything from Learn to Play information, Daily Tips and a Collector's Checklist, to added extras such as Card of the Day, Player Polls, Mailing Lists, and News. Through this web site, players and collectors can become totally immersed in the Mighty Beanz trading card game experience."

In February, Genio and Spin Master, the North American distributor of Mighty Beanz, entered into a license agreement providing Genio access to hundreds of Mighty Beanz characters for use in a collectible trading card game series aimed at children ages 5 - 12. The initial Mighty Beanz series (Moon Quest series) of Genio Cards features 131 different cards in 2 SKUs: a 9-card booster pack and a 40-card Starter Deck that includes one free Mighty Beanz Collectible toy and a Mighty Beanz Universe Collector's game Mat. The collection also allows for fun game play using the Collector's mat, trading cards and Mighty Beanz Collectibles.

Mighty Beanz trading card game is available nationwide at your favorite stores, including Wal-Mart, Toys "R" Us, Target, CVS, Eckerd, and more!

About Mighty Beanz

Developed by Moose Enterprises in Australia, Mighty Beanz have become one of the most popular children's collectible products in the marketplace with ongoing top three sales rankings in significant worldwide markets. After their domestic launch by Spin Master in September 2003, Mighty Beanz quickly became one of the most popular children's collectible in North America based on reported sell-through at retail outlets. An innovative evolution from the original Mexican Jumping Beans that have been around for over 50 years, Mighty Beanz are a collectible range of cool bean-shaped characters that jump and even do back flips on any tilted surface, providing children around the globe with hours of fun entertainment. Based on projected shipments, Spin Master is confident that Mighty Beanz will continue to top the toy charts in 2004.

About Genio Group, Inc.

Genio Group, Inc., is a developer and marketer of entertainment and leisure products. Genio Group has a worldwide license from Marvel Characters, Inc. and Marvel Enterprises, Inc. for the use of the globally recognizable Marvel Super Heroes(TM), including Spider-Man(TM), The Incredible Hulk(TM), X-Men(TM), Elektra(TM), Daredevil(TM) and the Fantastic Four(TM). Genio Group also holds licenses to produce a trading card series based on the popular Mighty Beanz(TM) collectible characters worldwide. Genio Card(TM) products are currently available in select national retailers in the United States including Wal-Mart, Target, CVS, K-Mart, Toys "R" Us, Walgreens, and Linen & Things. For more information about Genio Cards(TM), visit www.geniocards.com.

Marvel and all related character names are TM & (C) 2004 Marvel Characters, Inc. All rights reserved. Super Heroes is a co-owned registered trademark.

Mighty Beanz and all related character names are TM & (C) 2004 Moose Enterprises PTY Ltd. All rights are reserved.

Except for any historical information that they contain, the statements in this news release regarding Genio Group, Inc.'s plans are forward-looking statements that are subject to certain risks and uncertainties, including, but not limited to, those relating to product demand, pricing, market acceptance, the effect of economic conditions, and intellectual property rights and the outcome of competitive products, risks in product development, risks of non-payment by distributors to Genio Group for purchase of our products and inability of Genio Group to reach agreements with distributors for distribution of our products in domestic and foreign countries and other factors discussed from time to time in Genio Group, Inc.'s Securities and Exchange Commission filings. Genio Group, Inc. undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.

Contacts

Jaffoni & Collins
Richard Land/Karin Oloffson, 212-835-8500
gnoi@jcir.com

Contacts

Jaffoni & Collins
Richard Land/Karin Oloffson, 212-835-8500
gnoi@jcir.com