SOURCE: Graystone Park Enterprises, Inc.

October 30, 2007 07:08 ET

Graystone Park Enterprises, Inc. Announces Sparrow Innovations Inc. Has Attained Symbol SRRW and New Chairman Dr. Denno

Graystone Park Enterprises Inc. Announces Dr. Linda Denno Joins the Sparrow Innovations, Inc. Team

ORLANDO, FL--(Marketwire - October 30, 2007) - Graystone Park Enterprises, Inc. (PINKSHEETS: GPKE) is proud to announce its spinoff, Sparrow Innovations, Inc. (PINKSHEETS: SRRW), a leading innovator in medical products and solutions, today announced the approval of the nomination of Dr. Linda Denno as the new Chief Executive Officer and Chairman of the Board.

Dr. Denno brings a variety of talents and capabilities to Sparrow, including extensive experience in advanced research and design, legal compliance, program management, human resources, and administration. She has done extensive research and written on a wide variety of topics. She has worked with local state legislators, members of Congress, and other public officials and has served as a director for several non-profit corporations. She has directed and administered federal and state programs, negotiated federal contracts, and successfully lobbied public officials for increased funding and programmatic authorizations.

Under Dr. Denno's leadership, Sparrow will implement a new strategy and vision: to be the standard of excellence in the patient monitoring market. Dr. Denno will reorganize the company to enhance corporate performance through a stronger industry focus, a worldwide Sparrow Innovations branding campaign, and an uncompromising commitment to corporate social responsibility.

About Sparrow Innovations

Sparrow Innovations, Inc. (PINKSHEETS: SRRW) is a manufacturer of innovative "Point of Trauma" medical solutions. Founded in 2006 and headquartered in Sierra Vista, Arizona, Sparrow employs a unique group of highly skilled engineers and subject matter experts who together create leading edge technological solutions for today's most demanding problems. Additional Information and News from Sparrow is located at www.sparrow-inc.com.

About Graystone Park Enterprises, Inc.

Graystone Park Enterprises, Inc. (www.gpke.com) was founded to assist the small business entrepreneur and their company in reducing the pitfalls that would normally stall a start-up or midsized company's growth. The GPKE management team has the knowledge, expertise, and resources to take many companies to the next level. In doing so, it is able to capitalize on various markets to maximize return on its investment.

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