Grey Island Systems International Inc.
TSX VENTURE : GIS

Grey Island Systems International Inc.

January 25, 2006 08:00 ET

Grey Island Systems International Inc.: Guelph Transit Selects NextBus Real-time Passenger Information System

TORONTO, ONTARIO--(CCNMatthews - Jan. 25, 2006) - Grey Island Systems International Inc. (TSX VENTURE:GIS) announced today that the City of Guelph Transit Services Division has selected its GPS/AVL and NextBus real-time passenger information system (RTPIS). Guelph is the first Canadian transit agency to implement the NextBus platform which has been proven in more than forty transit operations across the US. The initial contract is worth $344,650 (excluding recurring monthly service fees) covering equipment for 59 vehicles and three public electronic display signs.

The City of Guelph is a community of over 110,000 people located in the heart of southern Ontario, just 100 km west of Toronto. With one of the premier research universities, and a diverse variety of manufacturing, service, and high technology enterprises, it is one of the fastest growing economic regions in Canada.

Don Clarkson, Guelph's Manager of Transit Services comments "We are delighted to be partners with Grey Island in introducing NextBus to the Canadian market and have high expectations for increasing our ridership as a direct result of the added level of convenience the system will bring to both existing and prospective Guelph Transit customers."

"Canada is witnessing a trend towards increased funding for public transit infrastructure and investments in Intelligent Transportation Systems (ITS) specifically" notes Grey Island CEO Andrew Moore. "NextBus provides transit agencies like Guelph a practical and cost-effective way to take advantage of ITS applications such as GPS/AVL and RTPIS to enhance their services and promote transit ridership".

Forward Looking Statements

This news release contains forward-looking information based on management's best estimates and the current operating environment. These forward-looking statements are related to, but not limited to, Grey Island's operations, anticipated financial performance, business prospects and strategies. Such forward-looking statements are subject to a number of known and unknown risks, uncertainties and other factors which could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, business risks, changes in market and competition, technological and competitive developments and potential downturns in economic conditions generally. Therefore, there can be no assurance that the expectations of the management of Grey Island will prove to be correct.

About Grey Island

Grey Island Systems International Inc. (TSX VENTURE:GIS), through its subsidiaries NextBus Inc. in Alameda, California, InterFleet, Inc. in New York, New York and Grey Island Systems, Inc in Toronto, Canada, is a technology leader providing custom real-time GPS/AVL, security and telematics solutions as well as real-time passenger information systems to government and related fleets. To find out more about our products and services, visit our websites at www.interfleet.com or www.nextbus.com.

About NextBus:

NextBus Inc. (www.NextBus.com) is dedicated to the public transportation industry. Its mission is to enhance the experience of using public transportation by providing high value information to both passengers and managers of public transit. We provide actual arrival times, not schedules. Bus locations are tracked via an automatic vehicle location (AVL) system; NextBus processes the information, calculates predicted arrival times and transmits arrival time predictions to stationary and portable electronic displays and to the Internet. Because passengers can plan to arrive at the bus stop within moments of the bus' actual arrival time, the time spent waiting on dark, rainy nights or waiting alone and feeling vulnerable, is minimized.

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