GSV Raises Additional Equity Through Convertible Preferred Stock Investment

    JERSEY CITY, N.J.--(BUSINESS WIRE)--March 2, 2001--

      Brooks Station Makes $400,000 Investment at $1.10 Per Share
      Above-Market Price Based on GSV's Investment Track Record

GSV, Inc. (NASDAQ:GSVIC), today announced that Brooks Station Holdings, a
private investment corporation, has purchased $400,000 of a newly created class
of GSV 12% convertible preferred stock. The stock is convertible into shares of
GSV common stock at a conversion price of $1.10 per share, representing a
significant premium over the common stock's closing price of $.31 on March 1st,
2000.

GSV will use this capital investment to continue to grow its portfolio of early
stage Internet companies. Over the past year, the company has made substantial
investments in Fasturn, Inc., Weema Technologies, Inc., Telephone.com,
MeetChina.com and e-Commerce Solutions. GSV will focus in the near term on
acquiring controlling interests in one or more businesses.

Jeffrey Tauber, Chairman of GSV, stated "This new investment demonstrates that
GSV is on the right path and that its direction is recognized by sophisticated
investors. We have streamlined our expenses, weathered the fall-out of internet
incubators and learned a great deal. GSV is here for the long-run and this
financing reaffirms our confidence in the company's strategy. Drawing upon the
depth and business acumen of our new investment partners, we will actively
partner to source and grow new opportunities. We intend if possible to acquire
controlling interests in one or more businesses over the near term. No specific
business has yet been identified."

Daniel Golan, of Brooks Station commented, "We are pleased to join the GSV team
and work closely with management. We are confident that the company has the
investment strategy and experience to find exciting opportunities that will
produce solid returns and benefit GSV shareholders."

In connection with the purchase, Brooks Station has the right to nominate three
directors for election to the Board, bringing the total number of Directors to
seven. In addition, Brooks Station has acquired an option to purchase an
additional $300,000 of the 12% convertible preferred stock on the same economic
terms. Under the terms of the transaction, Mr. Tauber and his family have agreed
to hold their stock for 6 months following the closing. About GSV, Inc.



GSV, Inc. identifies and develops attractive early stage Internet companies. GSV
will provide these companies, as needed, with management, marketing, financing
(including early stage seed capital), human resources, accounting resources, use
of its facilities and its extensive expertise in business development. GSV plans
to seek to acquire a controlling interest in one or more businesses over the
near term. The company's web site is located at www.gsv.com.

Safe Harbor

This announcement contains forward-looking statements that involve risks and
uncertainties that include, among others, the Company's limited operating
history, anticipated losses, unpredictability of future revenues, potential
fluctuation in quarterly operating results, seasonality, competition, risks
associated with system development and operating risks, management of potential
growth and risks of new business areas, and strategic alliances.

CONTACT: GSV, Inc., Jersey City
Director of Investor Relations
Jeff Tauber
(201) 395-0700
contact@gsv.com

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