Gemini Corporation Reports 2013 Second Quarter Results

Gemini Corporation (TSX VENTURE:GKX) announces its second quarter financial
results for the period ended June 30, 2013.


Revenue in the second quarter of 2013 totalled $25,783,000, which was a 5%
increase over the $24,473,000 achieved in the second quarter of 2012. This
brings year to date revenue to a total of $43,132,000 compared to $44,657,000
for the same period last year. The increase in second quarter revenue was
anticipated based upon the solid backlog of work the Corporation has in both
segments of the business. The slow start to the year, which was compounded by
shifting backlog, has essentially been erased by the recovery experienced in the
second quarter. The current backlog puts the Corporation in the enviable
position of hiring in a soft market to meet the growing demands of key clients.
Gemini's alliance clients are continuing to layer additional opportunities onto
the service teams, which is generating increasing confidence for continued
growth.


Second quarter gross profit for 2013 was $5,073,000 compared to $4,025,000 in
the same period of 2012 and results in the year to date gross profit of
$7,516,000 exceeding the prior year figure of $7,421,000. Gross profit as a
percent of revenue improved to nearly 20% in the quarter as a result of
consistently strong staff utilization performance in the Engineered Solutions
segment and modest margin improvements in the Field Solutions segment. In
addition, the careful management of fixed and variable infrastructure costs is
contributing to profitability.


The Corporation's 2013 second quarter net income was $1,156,000 (2.1 cents per
share) compared to the 2012 second quarter net income of $436,000 (1.3 cents per
share). Net income for the six months ended June 30, 2013 total $786,000 (1.4
cents per share) compared to $621,000 (1.8 cents per share) for the same period
of 2012.


"The second quarter results achieved what we had anticipated, which was to more
than offset the poor start to 2013", stated Doug Lautermilch, Gemini's President
and CEO. "Our operating performance is generating the level of profitability
that we always knew was possible. Our backlog of work is growing and the
opportunities being presented to us by our key clients are very exciting for all
of our stakeholders."


About Gemini Corporation

Gemini Corporation is a professional services firm that designs, builds and
maintains energy and industrial facilities. Founded in 1982, Gemini combines its
engineering and field service capabilities to increase project efficiency and
provide a single point of accountability. The Corporation's principal target
markets are conventional and unconventional oil and gas, in-situ heavy oil, and
heavy industrial facilities.


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.geminicorp.ca.


Gemini's 2013 second-quarter report will be filed with SEDAR at
http://www.sedar.com by August 13, 2013.




                      CONSOLIDATED FINANCIAL HIGHLIGHTS                     
                                                                            
                                  Three Months Ended        Six Months Ended
Operating Highlights ($'000)    June 30,    June 30,    June 30,    June 30,
                                    2013        2012        2013        2012
Revenue                      $    25,783 $    24,473 $    43,132 $    44,657
Gross profit                       5,073       4,025       7,516       7,421
Income before interest &                                                    
 taxes                             1,553         640       1,115         952
Net income                   $     1,156 $       436 $       786 $       621
                                                                            
Earnings per share (basic)   $     0.021 $     0.013 $     0.014 $     0.018
Earnings per share (diluted) $     0.021 $     0.013 $     0.014 $     0.018
                                                                            
Financial Position                                                  December
 Highlights ($'000)                                     June 30,         31,
                                                            2013        2012
Working capital                                      $    11,676 $    12,089
Total assets                                              36,548      26,088
Shareholders' equity                                      18,527      17,689



Disclaimer

This news release may contain 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.


The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gemini Corporation
Doug Lautermilch
President & CEO
[phone]
[e-mail]


Gemini Corporation
Robert Brookwell
Executive VP & CFO
[phone]
[e-mail]