03/03/06 -- Graystone Park Enterprises Inc. (OTC:

Foundation Franchises, Inc. is the company's second acquisition for 2006. Foundation Franchises, Inc. (FFI) is a consulting company for business owners interested in creative ideas on franchising their existing business, starting a business with franchise opportunities, or people looking to own an existing franchise. Foundation Franchises, Inc. can bring sales, marketing, customer service, thought-through site-election, corporate/capital structure and high quality management personnel. FFI's intent is to work closely with each individual opportunity and take it to its highest level for potential success. FFI's creative corporate/funding structure allows companies or individuals to take their existing business/ideas to a level probably never thought possible before with national publicity once completed.

The Fit

Graystone Park subsidiary IC Places ( www.icplaces.com ) plans to offer City Director Franchises for some 400 city web sites around the world. These City directors will be responsible for building local advertising sales and local editorial content for their sites.

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