GFAM Acquires National Staffing Service Company

Vertical Acquisition Allows Entry into One of the Fastest Growing Industries in U.S. 


SANTA MONICA, Calif., Nov. 26  /PRNewswire-FirstCall/ -- Great American Family Parks, Inc. (OTC:GFAM) (BULLETIN BOARD: GFAM)  today announced that it has acquired Park Staffing Services, a flexible staffing (also known as temporary staffing) firm based in Bakersfield, CA.  PSS provides manufacturing, construction, service and office personnel on a contractual basis. PSS will be expanded to manage staffing of the amusement attractions that GFAM's theme park division will acquire.  It will also continue to actively expand its flexible staffing services throughout the nation.

Park Staffing Services generated revenues of $6,911,266 in 2006 and has shown solid profits throughout much of its long history.  New contracts obtained because of its acquisition by GFAM are expected to substantially improve future revenues and profits. PSS was purchased through equity and debt, with no external financing needed.

Founded in 1979, PSS developed its client and employee base on a methodical and financially-sound basis to over 3,000 current employees on the present payroll with an efficient in-house staff of only eight.

Dr. Larry Eastland, Chairman and CEO of GFAM said: "We are very excited to have this important addition to our company.  Temporary, seasonal and part- time employees make up the vast majority of the employees in a theme park or attraction.  This gives us the opportunity to consolidate this important function for our current park, and those we are working to acquire. Additionally, it brings revenues to GFAM from more diversified sources, revenues that are expected to be more than five times our current revenues in 2008."

Dr. Eastland added: "This has been a very good year for GFAM so far in 2007.  We have moved into profitability, the "going concern" issue has been removed from our audit, our Wild Animal Safari park continues to grow at about 16 percent per year in revenues, and now we have been able to acquire an additional company without resorting to outside financing.  We are very pleased."

  National Staffing Services Industry Facts:

  -- 10% annual industry growth;
  -- For the third decade in a row, the staffing industry has been one of
     the fastest growing industries in the U.S.;
  -- 250% workforce growth: the temporary workforce has grown 2.5 times for
     twenty years in a row;
  -- 300% industry revenue has more than tripled in the past decade;
  -- 98% of U.S. companies depend on temporary help: the U.S. Chamber of
     Commerce reports that over 98% of companies use temporary help as a
     part of management strategy.
  -- The U.S. Department of Labor Statistics estimates that the U.S.
     staffing industry will grow faster and add more new jobs than just
     about any other industry over the next decade.


  About Great American Family Parks, Inc.


Great American Family Parks, Inc. ("GFAM") is a theme park acquisition, management and staffing company based in Santa Monica, CA.  Comprised of nationally known amusement park experts and management specialists, GFAM has the goal of acquiring small and medium-sized theme parks, instilling an efficient management system, streamlining and managing staffing, and generating industry-leading profits.

GFAM will operate as two main divisions: Park Staffing Services and the theme park division.  It is the intent of GFAM's theme park division to continue acquiring additional regional theme parks around the nation.  PSS will run all staffing needs of the theme parks as well as generate revenues from its existing temporary staffing services.

Safe Harbor Statement

Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation.

  Contact Information:
  Ashley Hull
  ProPublic Media, LLC.
  

DATASOURCE: Great American Family Parks, Inc.



CONTACT:  Ashley Hull of ProPublic Media, LLC., [phone],





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