SOURCE: Graystone Park Enterprises, Inc.

January 25, 2006 16:56 ET

Graystone Park Enterprises, Inc. Subsidiary IC Places Inc. Reaches Profit, Personnel and Technological Milestones

ORLANDO, FL -- (MARKET WIRE) -- January 25, 2006 -- IC Places, Inc. (www.icPlaces.com), a subsidiary of Graystone Park Enterprises, Inc., (OTC: GPKE), announced today that is has hit its first profitable quarter ending December 2005. The quarter was fueled by sales of attraction tickets from www.icOrlando.com where the company sold $250,000 in tickets in December alone.

A New Face

The 2006 Maxim Calendar cover girl, Lisa Gleave (www.LisaGleave.net), was recently sign as the new face of IC Places. With her first Photo shoot finished and the video in the can, soon the world will be able to see Lisa on IC Places' 400 city web sites like www.icOrlando.com where she will help visitors navigate the web sites through audio and video prompts. Lisa will also appear in Print, Billboard and Radio advertisements for the IC Places.

New Advertising Technology

Through its newly acquired IT Firm Bridger Web (www.Bridgerweb.com), IC Places has create a proprietary online delivery system that allows an unlimited number of Advertisers access to their ad pages and make adjustments on the fly. Advertises have total control over all the information on their IC Places Advertising page. This includes everything from text to images to the coupons they display. The system is accessed through an online interface that Advertisers log in to.

The World's Biggest Soap Box

With the amazing growth of Web Blogs, IC Places has opened its doors to great writers around the globe. IC Places has developed a proprietary Author's Program. Through the program, IC Places assigns writers a user name and password to access an online Author page. IC Places chooses ahead of time the distribution of the Author's articles. Once in place the Author writes an article in the web interface and hits submit when finished. Automatically, IC Places senior editors receive notice that an article awaits approval. Once a senior editor approves the article it is immediately placed into the pre-selected site and section

Other technology. The Company's IT firm Bridger Web, has also created proprietary systems that deliver real time Weather, Movie Times, and Sports Scores to all IC Places web sites, saving hundreds of thousands annually over available outsourced alternatives.

Phoning Home to an ITC

Communications is the foundation of global growth for the Company's Independent Travel Consultant program (ITC). ITCs work from home and handle incoming calls into the cities they live in, assisting callers planning trips to their cities.

IC Places assembled experts that have created a VOIP phone system that can handle up to 10,000 global lines. The system which is based in the US is pre-fitted to expand many times the current configuration which would include servers around the globe running the singular system.

"The ITC program lets IC Places grow as a global company while being deeply rooted in individual communities," said Steven Samblis Chairman of IC Places, Inc. He went on to say, "Travel was at one time an industry in which people expected local knowledge from their agents. Consumer expectations have dissolved as Giants of the internet moved to mammoth call centers and order takers. We want to bring back the personal touch to this industry. We have the machine in place to do this which will allow us to grow to have ITCs in cities throughout the world. "

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 healthy fledgling companies in need of assistance to dramatically increase its market share. GPKE projects to acquire an additional 6-10 companies in 2006.

Graystone will maintain a percentage of each subsidiary company. With Graystone's projected aggressive growth in revenues and asset ownership, it is expecting to reach AMEX qualifications. 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: Graystone Park
    Eddie Spade
    President
    407-386-6962
    Email Contact

    Contact: IC Places, Inc.
    Steven Samblis
    Chairman
    321-251-5045 x 6001
    Email Contact