BOCA RATON, Fla.—July 10, 2009 — Greyson International, Inc. (GYSN.PK) announced today that it has reported 2008 unaudited financial results, including the balance sheet as of December 31, 2008, and the related statements of income and retained earnings and cash flows for the year then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants.
“This is a turning point for Greyson International. As a Company that has accomplished many goals in R&D, including the creation of three new products featuring Trilexon® with many more in the development stage, we are now moving ahead with the commercialization of our new products,” said Greyson International CEO Harvey Tauman. “We are in an excellent position for growth, as we have achieved so much and have almost no liabilities. We look forward to the opportunity for revenue from multiple industries, including cosmetics, medical and pharmaceutical, through sales, partnerships and royalties.”
Tauman continued, “We anticipate expanding our marketing strategy according to our business plan—we are taking actions to launch national television shopping network appearances, direct response television, improved website and packaging design and more. As we implement our marketing efforts, we anticipate a continued growth through increased orders and awareness of the Greyson brand name.”
For more information and the Company’s unaudited financial results visit www.greysonproducts.com.
About Greyson International, Inc.
Greyson International, Inc. is a research, development and marketing company that markets health and beauty aid products. Greyson has developed a new delivery method, the Trilexon® system, which will improve the effectiveness of virtually every topical application in today’s cosmetic market and every over-the-counter topical drug application. Trilexon® is a registered trademark of Greyson International. For more information, visit www.greysonproducts.com.
This release contains information about management’s view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products and our ability to compete with competitors. We encourage you to review other factors that may affect our future results on any current or future documents we file periodically with the Securities & Exchange Commission.