SOURCE: Graystone Park Enterprises, Inc.

February 09, 2007 16:28 ET

Graystone Park Enterprises, Inc. Announces Its Fourth Dividend to Be Paid

ORLANDO, FL -- (MARKET WIRE) -- February 9, 2007 -- Graystone Park Enterprises, Inc. (PINKSHEETS: GPKE) announced today that it will be issuing a common stock dividend in its wholly owned subsidiary Fishox™ Systems, Inc. (

Graystone's management will be announcing a record date for the Fishox™ Systems, Inc. dividend very soon. In order to be eligible to receive the Fishox™ Systems dividend, GPKE shares must be owned by the close of the market on the record date. GPKE has previously distributed a 1 for 1 dividend in its subsidiaries IC Places, Inc. (PINKSHEETS: ICPL) ( and Realco Partners, Inc.

Fishox™ Systems, Inc. is currently marketing its products for the Spring and Summer fishing season. In addition, the company is moving all its manufacturing interests overseas and has located a manufacturer with strong ties to the United States medical oxygen concentrator market to manufacture our industrial grade oxygen concentrators. The recreational fishing market is comprised of 44 million fishermen who spend $118 billion a year on their equipment according to the American Sportsfishing Association.

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GPKE's ( wholly owned subsidiary Gray Publishing and Media, Inc., Casebriefs™ ( is in the process of completing the paperwork which will enable them to be the 3rd dividend paid from GPKE to all eligible shareholders.

About Fishox™ Systems, Inc.

Fishox™ Systems ( targeted the recreational fishing market with a device designed to provide supplemental oxygen to bait and live well tanks on fishing boats making bait livelier and increasing the survivability of live fish. The first prototype was mounted in a typical tacklebox and provided 1/2 liter of 90% pure oxygen per minute through an airstone to the target tank. The power to the unit was provided by the boat's 12 volt battery. Since the original tacklebox design, Fishox™ has designed and built mountable units producing 1/2 LPM or 1 LPM to the live well recirculation systems on larger craft. The design is currently being marketed by T-H Marine nationwide. The company has also discovered new markets in the aquarium and aquaculture industries that it is currently exploiting. The Fishox™ System is the only low volume DC powered oxygen concentrator sold exclusively to the fishing market.

About Graystone Park Enterprises, Inc.

Graystone Park Enterprises, Inc. ( was founded to assist the small-business entrepreneur and their company in reducing the pitfalls that would normally stall a start-up or midsize company's growth. Graystone plans on acquiring companies that are in need of assistance, in order to dramatically increase its market share. Graystone will maintain a percentage of each subsidiary company. 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 in order to maximize the return on its investment.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by Graystone Park Enterprises, Inc. may differ materially from these statements due to a number of factors. Graystone Park Enterprises, Inc. assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making any investment decisions.

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