SOURCE: Greenstone Holdings, Inc.

April 30, 2008 08:30 ET

Greenstone Receives Permeate™ Anti-Corrosion Paint Order for Classic Trains

NEW YORK, NY--(Marketwire - April 30, 2008) - Greenstone Holdings, Inc. (PINKSHEETS: GSHN) announced today that the Company has received the first order from Train Travel Inc. for Permeate™ HS200 anti-corrosion paint and also MagneLine® polymer cement mortar to restore three historic 1917 rail cars to protect them from weathering and maintaining the original look for years afterwards. Train Travel Inc. has been providing rail entertainment experiences in the metro-Detroit area for over 24 years. Tens of thousands of visitors each year enjoy the company's four primary rail experiences, Michigan Star Clipper Dinner Train, Walled Lake Scenic Railway, Pullman Palace Bed & Breakfast and Steel Wheels Entertainment Train. The railcars being restored have significant historic value and are enjoyed by all ages.

"In addition to other larger applications such as bridges, power transmission tower and even aircraft, this is another good application for our Permeate anti-corrosive paint. Its UV resistant paint will keep its color for decades to come," said Sal Miwa, CEO of Greenstone.

Visit Train Travel Inc.'s website

About Greenstone Holdings, Inc.

(www.egreenstone.com) Greenstone® is in the business of providing a variety of unique chemical technologies that are primarily used in the building and construction industry. The Company's first brand name product, GreenShield™, offers a "green" solution to protect wood-based building materials such as lumber, logs, plywood, drywall, railroad ties, fencing, and utility poles from destructive environmental elements. It also offers added fire retardancy to the material it is applied to. The $25 billion water damage market is just one example of the perfect niche for GreenShield. Greenstone also exclusively distributes Green-Dri™, a revolutionary biological dry kiln for drying wood, Permeate™, a very unique anti-corrosion sealer paint for metal, concrete, and other construction materials, MagneLine®, a very strong polymer cement mortar used to reinforce and/or repair metal and concrete structures such as bridges and highways, Crystal-Guard™, an innovative chemical to make asbestos harmless and recyclable, and Anz Ceramic Coating™, a revolutionary coating to reflect sun's heat ray.

Forward-Looking Statements:

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

Contact Information

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