11:40 AM EST - Grey Island Systems International Inc. : announced that its fiscal 2008 net income was $792,965 or $0.009 per share, compared to a loss of $500,877 or $0.006 per share in last year. Record revenue of $21.2 million in fiscal year ended 2008 represented an increase of 27 per cent as compared to fiscal 2007 revenue of $16.7 million. Grey Island Systems International Inc.
shares V.GIS are trading up $0.005 at $0.23.
