Grey Island's Interfleet Announces New Government Contracts in Atlantic Canada



    TORONTO, Nov. 14 /CNW Telbec/ - Grey Island Systems International Inc.,
(TSX VENTURE: GIS) today announced a number of new government clients in
Atlantic Canada. The company has secured contracts with Cape Breton Regional
Municipality, City of Mount Pearl, City of Corner Brook, City of
Charlottetown, City of Dieppe, Newfoundland & Labrador Housing Corporation,
Pictou County Waste, Strait Crossing Bridge Limited, Eastern Health, Town of
Conception Bay South, Town of Gander, Town of Grand Bay-Westfield, Town of New
Glasgow, Town of Paradise, Town of Rothsay, Town of Yarmouth, and Brun-Way
Operations in New Brunswick.
    The orders represent approximately $600K in hardware and installation
revenue and $13K per month in recurring service revenue.
    "The extent of new customers demonstrates the flexibility of the
Interfleet and NextBus applications to meet the needs of many diverse public
fleets. Our attention to public sector fleet management, particularly in the
public works, waste management, public transit and public safety arena, is
continuing to pay off" said Owen Moore, President, Grey Island Systems
International Inc.
    "Our goal is to assist our customers' in achieving safer and more
efficient operations," said David Burry, Senior Account Manger, Grey Island
Systems. "Many of the features we provide are unique to the industry and
assist both our clients and their constituents".

    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 Systems:

    Grey Island Systems International Inc. (TSX-V: 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.

    THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE




For further information:

For further information: Grey Island Systems Inc.: Owen Moore, (416)
348-9991, (416) 348-9993 (FAX), information@interfleet.com,
www.interfleet.com, www.nextbus.com; Renmark Financial Communications Inc.:
John Boidman, jboidman@renmarkfinancial.com; Julien Ouimet,
jouimet@renmarkfinancial.com; (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com

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GREY ISLAND SYSTEMS INTERNATIONAL INC.

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