October 17, 2007
GroupGemstone Announces Investment in DiCaprio/Winslet Film

GroupGemstone announced today that it has funded an investment in Revolutionary Road, a film starring Leonardo DiCaprio and Kate Winslet.

The film marks the first return of DiCaprio and Winslet to the screen together since their roles in Titanic and is based on the 1961 novel Revolutionary Road by Richard Yates. The film will be distributed by DreamWorks and Paramount Pictures, in a partnership with BBC Films. Director Sam Mendes, best known for American Beauty, will direct. The film also stars David Harbour, Kathy Bates, Michael Shannon, and Zoe Kazan. Filming began in New York in June 2007, and the film is scheduled for release at either the Venice or Cannes film festival.

The GroupGemstone family of companies operates in Real Estate Development, and invests in entertainment and technology private equity. GroupGemstone was founded and is operated by Alexander Edelstein, and is based in Las Vegas.

About the Developer
Gemstone Development, the developer of ManhattanWest, is one of the most prolific condominium developers in Las Vegas. Gemstone's previous project, Manhattan Condominiums, was the first new mid-rise condominium to be built in Las Vegas since 2002, and at $230 million dollars is one of the largest mid-rise projects in Las Vegas. Manhattan Condominiums sold out its initial 700 units, and recently has finished construction on its last building. Gemstone delivers unique, state-of-the-art features such as its ManhattanTransfer® errand service and ManhattanMD® medical services. Gemstone Development was founded by Alexander Edelstein in 2003. ManhattanWest can be viewed on the web at ManhattanWest.com. Gemstone can be reached on the web at: GemstoneDev.com.

Contact:
Mark Chatow
Gemstone Development, LLC
702.614.3193
markc@gemstonedev.com
www.gemstonedev.com

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