Gross profits for the third quarter of 2009 were $3,733,000 or 16% of revenue compared to $4,094,000 or 20% of revenue in the same period last year. These results reflect the combined impact of the increase in lower margin Field Services revenues and the decrease in higher margin Engineering revenues. In addition, client cost reduction demands significantly reduced margins within Field Services and staff utilization within Engineering declined as activity levels reduced.

"Considerable effort has gone into reshaping Gemini's strategy over the course of the third quarter to respond to the current market conditions and prepare for the future", said Doug Lautermilch, Gemini's President and CEO. "The results achieved in Q3 clearly demonstrate the need for us to chart a new course for the organization. We have begun an aggressive plan to enhance our sales and marketing efforts to help stabilize our workloads and are continuing to refine our systems and processes to improve efficiencies and profitability. Our theme of "One Brand, One Company, One Culture" is expected to support our goal of delivering both stand-alone and integrated solutions to our clients in a seamless fashion."

About Gemini Corporation

Gemini Corporation offers a wide range of interrelated services including project management, engineering, fabrication, construction, and maintenance of oil & gas and industrial facilities within Canada and internationally. The Corporation is a leading provider of engineered solutions and field services through either stand-alone or integrated service approaches to a broadening client base in an array of industry sectors. The Corporation's principal target markets are conventional oil and gas, unconventional gas, heavy oil, industrial, and renewable energy.

Shares of Gemini trade on the TSX Venture Exchange under the symbol "GKX". For more information about the Corporation and its services, go to www.gemini-corp.ca.

Gemini's 2009 third quarter report will be filed with SEDAR at http://www.sedar.com on November 20, 2009.

CONSOLIDATED FINANCIAL HIGHLIGHTS

                                 Three Months Ended       Nine Months Ended
Operating Highlights ($'000)   Sept 30,     Sept 30,    Sept 30,    Sept 30,
                                  2009         2008        2009        2008
Revenue                       $ 23,991     $ 20,810    $ 54,013    $ 59,383
Gross profit                     3,833        4,094      11,785      10,923
Earnings before interest &
 taxes                              35          955         757       1,532
Net earnings (loss)           $    (45)         556    $    373         774
Earnings per share (basic)    $ (0.001)    $  0.015    $  0.011    $  0.021
Earnings per share
 (diluted)                    $ (0.001)    $  0.015    $  0.011    $  0.021

Operating cash flow (i)       $    350     $    924    $  1,475    $  1,678
(excludes working capital
 changes)
Operating cash flow per
 share                        $  0.010     $  0.027    $  0.043    $  0.048


Balance Sheet Highlights ($'000)                       Sept 30, December 31,
                                                          2009         2008
Working capital                                       $ 12,074     $ 12,403
Total assets                                            33,028       28,554
Shareholders' equity                                    15,628       16,180

(i) Operating cash flow and operating cash flow per share are non-GAAP
    financial measures which do not have a standard meaning and therefore
    may not be comparable to similar measures presented by other companies.
    The Corporation provides these measures in its quarterly news releases
    to indicate the amount of cash generated for operating purposes during
    the period.

Disclaimer

This news release contains forward looking information that represents Gemini's internal projections, expectations, estimates or beliefs concerning, among other things, future operating results and various components thereof or Gemini's future economic performance. All statements other than the statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expects", "projects", "plans", "anticipates", and similar expressions. The projections, estimates and beliefs contained in such forward-looking statements are based on management's assumptions relating to Gemini's performance and competition within the sectors in which it competes, the continuation of the current regulatory and tax regimes in the jurisdictions in which Gemini operates, and necessarily involve known and unknown risks and uncertainties, including risks and assumptions relating to client service demand, field service costs, labour rates, and other factors that may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted or suggested. The Corporation does not undertake to update any forward-looking information in this document whether as to new information, future events or otherwise.

SOURCE: Gemini Corporation

Gemini Corporation
Doug Lautermilch
President & CEO
(403) 259-0311
dlautermilch@gemini-corp.ca
Gemini Corporation
Robert Brookwell
Executive Vice President & CFO
(403) 258-5401
rbrookwell@gemini-corp.ca
www.gemini-corp.ca

"This is an extremely exciting time for the entire organization", commented Doug Lautermilch, Gemini's new President and CEO. "We have an excellent team of professionals capable of providing clients with superior solutions and we intend to expand upon that capability. Clients are telling us that they want some new ways of doing business and we have the breadth of services capable of meeting that challenge. Internally, our transition theme is "One brand, One company, One culture" to describe the desired effect we intend to achieve with these initiatives. We believe this is an ideal time to reposition the organization for the growth and profitability all of our stakeholders have been seeking."

Shares of Gemini trade on the TSX Venture Exchange under the symbol "GKX". For more information about the Corporation and its services, go to www.gemini-corp.ca.

SOURCE: Gemini Corporation

Gemini Corporation
Doug Lautermilch
President and CEO
(403) 259-0311
dlautermilch@gemini-corp.ca
Gemini Corporation
Robert Brookwell
Executive VP and CFO
(403) 258-5401
rbrookwell@gemini-corp.ca
www.gemini-corp.ca

Gross profits for the second quarter of 2009 were $4,351,000 or 28% of revenue compared to $3,379,000 or 17% of revenue in the same period last year. This improvement continues to be the result of greater staff utilization rates within Engineering and improving project cost controls within Field Services. Client pressures to reduce costs are having an impact upon margins, but important steps are being taken to mitigate the effects of these pressures through increased efficiencies and enhanced use of existing infrastructure.

"Given the market conditions in the second quarter, we are encouraged by the financial results we were able to achieve", said Carl Johnson, Gemini's Executive Chairman. "Our emphasis on providing quality services in a safe manner, while improving utilization and cost controls is having a positive impact upon our profitability in the midst of this challenging economy."

"As the new member of Gemini's executive team, I am excited by the prospects for the organization", commented Doug Lautermilch, Gemini's new President and CEO. "We are in a financially strong position to take advantage of the inevitable turnaround in our markets and we are currently re-examining our strategic plans to ensure they align with the needs of our clients and the anticipated economic conditions for the next few years."

About Gemini Corporation

Gemini Corporation offers a wide range of interrelated services including project management, engineering, fabrication, construction, and maintenance of oil & gas and industrial facilities within Canada and internationally. The Corporation is a leading provider of engineered solutions and field services through either stand-alone or integrated service approaches to a broadening client base in an array of industry sectors. The Corporation's principal target markets are conventional oil and gas, unconventional gas, heavy oil, industrial, and renewable energy.

Shares of Gemini trade on the TSX Venture Exchange under the symbol "GKX". For more information about the Corporation and its services, go to www.gemini-corp.ca.

Gemini's 2009 second quarter report will be filed with SEDAR at http://www.sedar.com on August 28, 2009.

CONSOLIDATED FINANCIAL HIGHLIGHTS

                                Three Months Ended         Six Months Ended
Operating Highlights ($'000)  June 30,     June 30,    June 30,     June 30,
                                 2009         2008        2009         2008
Revenue                   $    15,226 $     19,852  $   30,022  $    38,574

Gross profit                    4,351        3,379       7,952        6,829

Earnings before interest
 & taxes                          524          365         722          577

Net earnings                $     320   $      210  $      417  $       218

Earnings per share
 (basic)                    $   0.009   $    0.005  $    0.012  $     0.005

Earnings per share
 (diluted)                  $   0.009   $    0.005  $    0.012  $     0.005

Operating cash flow(1)
(excludes working capital
 changes)                   $     724   $      274  $    1,125  $       754

Operating cash flow per
 share                      $   0.021   $    0.008  $    0.032  $     0.022


Balance Sheet Highlights ($'000)                       June 30, December 31,
                                                          2009         2008

Working capital                                  $      11,898  $    12,403

Total assets                                            24,425       28,554

Shareholders' equity                                    15,584       16,180

(1) Operating cash flow and operating cash flow per share are non-GAAP
    financial measures which do not have a standard meaning and therefore
    may not be comparable to similar measures presented by other companies.
    The Corporation provides these measures in its quarterly news releases
    to indicate the amount of cash generated for operating purposes during
    the period.

Disclaimer

This news release contains forward looking information that represents Gemini's internal projections, expectations, estimates or beliefs concerning, among other things, future operating results and various components thereof or Gemini's future economic performance. All statements other than the statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expects", "projects", "plans", "anticipates", and similar expressions. The projections, estimates and beliefs contained in such forward-looking statements are based on management's assumptions relating to Gemini's performance and competition within the sectors in which it competes, the continuation of the current regulatory and tax regimes in the jurisdictions in which Gemini operates, and necessarily involve known and unknown risks and uncertainties, including risks and assumptions relating to client service demand, field service costs, labour rates, and other factors that may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted or suggested. The Corporation does not undertake to update any forward-looking information in this document whether as to new information, future events or otherwise.

SOURCE: Gemini Corporation

Gemini Corporation
Doug Lautermilch
President & CEO
(403) 259-0311
Email: dlautermilch@gemini-corp.ca
Gemini Corporation
Robert Brookwell
Executive Vice President & CFO
(403) 258-5401
Email: rbrookwell@gemini-corp.ca
Website: www.gemini-corp.ca

Shares of Gemini trade on the TSX Venture Exchange under the symbol "GKX". For more information about the Corporation and its services, go to www.gemini-corp.ca.

SOURCE: Gemini Corporation

Gemini Corporation
Doug Lautermilch
President and CEO
(403) 259-0311
Email: dlautermilch@gemini-corp.ca
Gemini Corporation
Robert Brookwell
Executive VP and CFO
(403) 258-5401
Email: rbrookwell@gemini-corp.ca
Website: www.gemini-corp.ca