2006-11-26 Greystone Logistics to Provide Recycled Plastic Pallets to Coors Brewing Company

Greystone Logistics Inc. (OTCBB: GLGI) announced today the company received multiple purchase orders from Coors Brewing Company to provide plastic pallets made from 100% recycled material. Coors is transitioning to this new platform to transport many of their products throughout the United States.
(Coors Brewing Company made beer , For non Usa people)
"Plastic pallets are environmentally friendly, and recyclable, which prevents plastic waste from ending up in a landfill," said Warren Kruger, CEO of Greystone. "The pallets provide a high quality hygienic platform for products, standardization in increasingly automated facilities, and are cost effective for users."

Billions of pounds of plastic are dumped annually into landfills in the United States. Greystone is able to use a broad spectrum of plastics in their proprietary formula including bumpers, car parts, trays, crates, buckets, drums and plastic part scrap.

About Greystone Logistics Inc.

Greystone is a plastic pallet manufacturer that utilizes patented proprietary technologies and designs to produce high quality, recycled plastic pallets. Greystone serves the beverage, pharmaceutical and other industries. Additional information may be obtained from 8-Ks, 10-Qs, and 10-Ks.

Forward-Looking Statements

This press release includes certain statements that may be deemed "forward-looking statements" within the meaning of the federal securities laws. All statements, other than statements of historical facts, that address activities, events or developments that Greystone expects, believes or anticipates will or may occur in the future, including the potential sales of pallets, the improvement of operating results or other possible business developments, are forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties. The forward-looking statements above could be affected by any of the following factors: Greystone's prospects could be affected by changes in availability of raw materials, competition, rapid technological change and new legislation regarding environmental matters. These risks and other risks that could affect Greystone's business are more fully described in its reports filed with the Securities and Exchange Commission, including Greystone's Form 10-KSB for the fiscal year ended May 31, 2006. Actual results may vary materially from the forward-looking statements. Greystone undertakes no duty to update any of the forward-looking statements in this release.