GFAM Announces Details of its Parks Staffing Services Acquisition

Name	Symbol	Market	Type
Graniteshares Gafam Etp	BIT:GFAM	Italy	Exchange Traded Fund

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Diversification Expected to Significantly Increase Company Revenues in 2008 SANTA MONICA, Calif., March 4 /PRNewswire-FirstCall/ -- Great American Family Parks, Inc. (OTC:GFAM) (BULLETIN BOARD: GFAM) today announced more details of its Parks Staffing Services ("PSS") acquisition, which is part of a wider corporate strategy of diversifying GFAM's revenue sources. PSS will be GFAM's division that will run all staffing needs of the GFAM theme parks as well as generate revenues from its existing temporary staffing services. The division is expected to generate approximately $7.6 million in revenue in fiscal 2008, its first full 12-month period integrated with GFAM. These projected revenues would significantly increase GFAM's consolidated income in 2008. Even without factoring in plans for national expansion, PSS conservatively expects to grow at a healthy 5% per annum into the future. The revenues and profits of PSS are projected to solidly be able to support the operational health of GFAM as it continues its acquisitions of profitable theme parks around the country. 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. PSS generated revenues of $7,256,829 (unaudited) in 2007, a 5% increase over PSS's 2006 revenues of $6,911,266 (unaudited). PSS has sustained consistent growth the past five years and forecasts continued growth into the future. Its earnings before income tax, depreciation and amortization were $382,950 (unaudited) in 2006 and approximately $531,478 (unaudited) in 2007 prior to its acquisition by GFAM. PSS was purchased through equity and debt, with no external financing needed. 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." About the Parks Staffing Services Division PSS, based in Bakersfield, CA, provides manufacturing, construction, service and office personnel on a contractual basis. PSS has expanded to manage staffing of the amusement attractions that GFAM's theme park division will acquire. 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. PSS' current clientele includes several major national and international corporations, including: Halliburton - Drill Cooling Systems - Crimson Resources General Electric - Golden Empire Construction - Knights Pumping Dowell - Kern Steel - Mr. Bobcat Schlumberger - Bakersfield Pipe and Supply - West Coast Pipe Allied Engineering - Norman Wireline Services - Wet Well Services Alta Lift - Sierra School Equipment - J.D. Rush Burtech Construction - White Forest Nursery - Tryad Delta Trading - Sweany Construction Staffing Industry Outlook The U.S. staffing industry will grow faster and add more new jobs over the next decade than just about any other industry, according to Bureau of Labor Statistics ("BLS") estimates. In its most recent projections, the BLS says that the employment services industry -- which is primarily staffing -- will grow at an average annual rate of 3.8% from 2004 to 2014, adding nearly 1.6 million new jobs. On the agency's list of the top 10 national industries expected to have the largest job growth, employment services ranks first in terms of number of jobs and third in terms of growth rate. 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, ProPublic Media, LLC., +1-310-450-9100, , for Great American Family Parks, Inc.

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