GSPI Green Star Products Inc (PK)

Green Star Products, Inc. (OTC: GSPI & GSPI.PK), a producer of renewable clean-burning biodiesel and other products, announced today that it intends to fully meet the new disclosure rules for Pink Sheets Companies. GSPI has retained Paul Goodman, Esq. of Cyruli Shanks & Zizmor, LLP, a New York SEC law firm, to provide legal services related to meeting Pink Sheets Adequate Disclosure Guidelines. The Company�s goal is to meet and maintain the requirements to receive a �Current Information� classification under Pink Sheets' new Disclosure Categorization system. Commencing in May 2007, all Pink Sheets listed companies will receive a proposed classification from Pink Sheets based upon both the timing and quality of each company�s public disclosure. Beginning August 1, 2007, all companies will be assigned a final category and a corresponding icon, which will be displayed next to the company's symbol everywhere it appears on pinksheets.com In order to maintain the preferable �Current Information� classification, companies will be required to (a) timely post annual and quarterly financials, (b) timely post quarterly updates of a company�s disclosure document, and (c) issue press releases for all material corporate events. Presently, very few Pink Sheets companies are currently meeting this standard. In addition, corporate counsel will need to issue an attorney�s letter attesting to the completeness of the public disclosure. For further details of new pink sheets classifications see Pink Sheets, L.L.C., April 24, 2007, press release at http://www.pinksheets.com/about/pr_042407.jsp GSPI has made all arrangements necessary to receive the most favorable category possible under the new Pink Sheets new Disclosure Categorization system. Green Star Products, Inc. (OTC: GSPI & GSPI.PK) is an environmentally friendly company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment. Green Star Products and its Consortium are involved in the production of renewable clean-burning biodiesel and other products, including lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see Green Star Products' Web site at http://www.GreenStarUSA.com, or call Investor Relations at 619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com. Information about trading prices and volume can be obtained at several Internet sites, including http://www.pinksheets.com, http://www.bloomberg.com and http://www.bigcharts.com under the ticker symbol "GSPI". Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings with the Securities and Exchange Commission.