SOURCE: Graystone Park Enterprises, Inc.

April 20, 2005 16:12 ET

Graystone Park Enterprises, Inc. Launches Its First Digital

Distribution Web Site of Case Briefs for the Law Student Market

NEW YORK, NY -- (MARKET WIRE) -- April 20, 2005 -- Graystone Park Enterprises Inc.'s (OTC: GPKE) wholly owned subsidiary, Gray Publishing & Media, Inc., founded by a veteran e-publishing executive, announced today that it has released the first titles on its digital distribution e-commerce Web site, GPKE has been instrumental in the release.

The Web site makes available for sale the most popular brand of digital case briefs for law students under the brand name, Casebriefs™. Casebriefs are abridged versions of law cases for law school courses allowing law students, for the first time, to obtain study aid materials convenient to their personal study habits, and to manipulate and customize subject matter as per their professor and their own particular needs. Being digitally published allows Casebriefs content to be accessed anytime, anywhere, be updated instantaneously, and it provides an interactive control panel which enables the user to link other necessary information into the text such as Web sites, and other, additional relevant documents.

David Gray, CEO of GPKE, stated, "This is an excellent example of how our management adds strategic value to growing companies." He further states, "With GPKE's extensive network of strategic partners, Gray Publishing is poised to lead this market in its space."

About Graystone Park Enterprises, Inc.

Graystone Park Enterprises, Inc. was founded to assist the small business entrepreneur in growing his company and reducing the pitfalls that normally stall a start-up company. Graystone plans on acquiring middle stage companies in need of assistance to dramatically increase its market share. Graystone projects to acquire 5-10 companies in 2005, and an additional 8-12 companies in 2006. Graystone will maintain a substantial percentage of each subsidiary company after the subsidiary begins trading under its own symbol. Graystone expects its revenues, and the value of its equity positions to be in the double digit millions by the end of this year. With Graystone's projected aggressive growth in revenues and asset ownership, it is expecting to be AMEX qualified in 2006. Its first subsidiary, Gray Publishing & Media, Inc., is a leader in the higher education market with regard to the digital distribution of academic content to this space. Along these lines, Gray Publishing has a strong foothold in the law student market. GPKE has the knowledge and expertise to take many growth companies to the next level. In doing so it is able to capitalize on various markets to maximize return on its investment. The GPKE dividend distribution plan puts an emphasis on bolstering shareholder value.

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. and 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.

Contact Information

  • Contact:
    David Gray
    Graystone Park Enterprises, Inc.
    561-249-4140 x 102