Gear International, Inc. Updates Financial Statements, Shows Increased Value and Progress of Business Model

PHOENIX, ARIZONA--(Marketwire - May 20, 2012) - Gear International, Inc. (PINKSHEETS:GEAR) released financial statements demonstrating significant improvement in asset value and cash on balance from 2010 to the current fiscal year. Complemented by a series of asset acquisitions and joint venture agreements on several mining claims, the underlying company financials suggest a fundamental enhancement of shareholder value could soon be realized. GEAR has added 5 mining claims and improved its cash reserves. Additionally, GEAR management is anticipating a market correction in the value of the company's stock after successfully eliminating a hostile shareholder from the float.