Grey Island Systems International Inc.
TSX VENTURE : GIS

Grey Island Systems International Inc.

November 06, 2006 08:57 ET

Grey Island Systems International Inc. Retains Renmark Financial Communications Inc.

TORONTO, ONTARIO--(CCNMatthews - Nov. 6, 2006) - Grey Island Systems International Inc. (TSX VENTURE:GIS) is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities.

"We are pleased to announce that we have selected Renmark to strengthen Grey Island's profile in the financial community and enhance the visibility of our project portfolio. We choose Renmark because its standards and methodologies fit best with the message we wish to communicate to the investing public," noted Owen Moore, President of Grey Island Systems International Inc.

In consideration of the services to be provided, the Company has agreed to pay a monthly retainer of $4,500 for a one-year contract to Renmark Financial Communication Inc. commencing November 1, 2006.

About Grey Island Systems:

Grey Island Systems International Inc., through its wholly owned subsidiaries, InterFleet Inc., Grey Island Systems Inc. and NextBus Inc., developes, markets and hosts real-time internet based automated vehicle location systems, real-time passenger information systems and vehicular telematic systems for public and private fleets in the United States and Canada. For more information please visit our websites at www.interfleet.com and www.nextbus.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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