BOISE, Idaho, June 1 /PRNewswire-FirstCall/ -- Great American Family Parks, Inc. (OTC:GFAM) (BULLETIN BOARD: GFAM) announced today the appointment of four new members to the Board of Directors. Great American President, Dr. Larry Eastland, said in making this announcement that "the Board of GFAM has been working diligently to find and add qualified professionals to the Board who will provide additional direction and guidance to the company." He went on to point out that "the management team works closely under the direction of the Board to provide a fully operational system, to expand the Company's acquisition of additional independently profitable and marketable amusement parks and attractions throughout the United States." Tristan R. Pico accepted appointment to the Board on March 13, 2006. Since 1994, Mr. Pico has been a partner of Pico & Associates, a litigation firm specializing in construction litigation and product liability. Since 1994, Mr. Pico has also served as a pro bono mediator and arbitrator at the Los Angeles Superior Court. Mr. Pico is a member of the Consumer Attorneys Association of Los Angeles and of the Consumer Attorneys Association of California. Mr. Pico holds a Bachelor of Arts degree from Brigham Young University and a Juris Doctor degree from the University of Southern California's Gould School of Law. Christopher L. Eastland accepted appointment to the Board on May 16, 2006. Mr. Eastland is currently a principal of Seidler Equity Partners, a private equity investment firm based in Los Angeles, California. He is involved in all firm investment activities, including deal sourcing, transaction structuring, negotiating and monitoring of portfolio investments. Prior to joining Seidler Equity Partners in early 2004, Christopher was a transactional attorney at the law firm O'Melveny & Myers LLP since 1999. His practice focused principally on mergers and acquisitions and private equity investments, as well as representation of public and private companies in commercial transactions. Mr. Eastland received a B.S. in business administration and entrepreneurial studies from the University of Southern California and a J.D. from the University of Southern California's Gould School of Law. He is a member of the State Bar of California. Effective May 18, 2006, Jim R. Meikle was appointed as a Director. Since 1994, Jim Meikle has served as Vice President of Amusement Business Consultants, Inc., an entertainment industry consulting company based in Ohio. Previously, he served as Vice-President of Funtime Parks, Inc., a $60 million theme park company. Effective May 18, 2006, Jeff Lococo became a Director. In 2000, Mr. Lococo joined Great Wolf Resorts Inc. as General Manager of Great Wolf Lodge Sandusky, Ohio. In 2005, Mr. Lococo was appointed Corporate Vice President of Resort Operations for all Great Wolf Lodge Resorts. In this capacity, he was responsible for overseeing seven properties. Mr. Lococo has twenty-five years of experience in the entertainment and hospitality industry. Also announced was the creation of two committees of the Board: The Audit Committee and the Compensation Committee, the majority of whom are outside Directors. An Executive Search Committee will be formed shortly. Dr. Eastland finished by affirming that, "GFAM is committed to providing the shareholders with an independent Board and the greatest amount of transparency in matters of corporate governance." Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. DATASOURCE: Great American Family Parks, Inc. CONTACT: Chesapeake Group for Great American Family Parks, +1-410-825-3930

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