Graystone Park Enterprises, Inc. Announces New Direction in Untapped Markets

ORLANDO, FL--(Marketwire - 12/14/10) - Graystone Park Enterprises, Inc. (Pinksheets: GPKE - News ) announces its plan to move forward with a new business model in carpet collecting and recycling.With several new uses and applications GPKE plans to market and distribute new products made from recycled carpet to major home retailers nationwide. Graystone already has pickup locations set throughout the midwest and plans to expand to Florida.GPKE's new division will also concentrate on other applications such as affordable insulation while helping keep millions of the 5.2 billion pounds of carpet from ending up in landfills nationwide yearly.GPKE intends to file for the AMEX when qualified for further long term investor awareness. Graystone will actively pursue environmental and innovative ideas to further its plan of expansion in various markets.About Graystone Park Enterprises, Inc.Graystone Park Enterprises, Inc. ( www.GPKE.com ) was founded to assist the small-business entrepreneur and their company in reducing the pitfalls that would normally stall a start-up or midsize company's growth. Graystone plans on acquiring companies that are in need of assistance, in order to dramatically increase its market share.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.

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