Growing Company Announces $2 Million Offering

J.D. Guess International Corporation Offers Secured Notes and Preferred Stock To Provide Capital For The Company's Acquisitions

Greensboro, NC - J.D. Guess International Corporation a holding company that makes acquisitions and operates companies in technology, media, hospitality and gas station industries announced a $2 million offering of secured notes and preferred stock series A. The offering is a private placement and is being conducted in accordance and under exemptions associated with Regulation D 506. The notes are being sold in the amount of $1,000,000. They consist of $500,000 in short-term notes and $500,000 in long-term notes. The stock, a $1,000,000 offering is being sold as preferred stock series A 7%, meaning that each share will yield a quarterly dividend of 7% of net profits beginning third quarter of 2004 to shareholders on record as of December 31, 2003. The minimum investment is $5,000 and has been lowered from the original $10,000. "We expect this to be a tremendous success in an effort to increase our liquidity to fuel our company's growth through strategic acquisitions, while giving investors another option outside of the public markets," says J.D. Guess, chairman and CEO of the company. The company plans to close on short-term notes by the end of October and the other parts of the offering by year end. The offering is being sold directly through the company. Proceeds from the offering will be used to purchase the restaurants and gas stations that the company is in negotiations to acquire in the Charlotte area. J.D. Guess International Corporation is based in Greensboro, NC and operates many of its entities through its wholly-owned subsidiary and operating company, JDGI Corporation. JDGI Corporation has four business units: JDGI Technologies Group, JDGI Media Group, JDGI Consulting Group, JDGI Capital Finance Group. Through acquisitions, the company projects $7 million in revenue for FY 2003. For fiscal year 2002 which ended September 30, the company produced revenue of $1.44 million as a direct result of one acquisition in technology.