Great Panther Silver Ltd (GPR)

[gsfl]

Oct 18, 2010
Great Panther Hires New Vice-President Corporate Development; Launches New Website
GREAT PANTHER SILVER LIMITED (TSX: GPR; the "Company") is pleased to announce the appointment of Mr. Erick Bertsch to the position of Vice President, Corporate Development. Erick brings more than 16 years experience in the mining industry to Great Panther, beginning his mining career in the field in 1994 before transitioning to investor relations in 2003 with several companies in the Hunter-Dickinson Group. More recently, he has held corporate development positions with Minco Gold and Geodex Minerals. While with Minco, he gained insight into, and contacts within, the silver industry (through Minco's 40% ownership of Minco Silver), which will be valuable in his current role of expanding Great Panther's market presence and corporate growth.

As part of Great Panther's continuing emphasis on improving shareholder relations and increasing market exposure, the Company has updated its website to a new, fresher look with greater functionality and depth of information. The site contains a new section on Corporate Social Responsibility (CSR) in keeping with the Company's commitment to environmental sustainability and community relations. The new site can be accessed through the same address, at www.greatpanther.com.

The Company also announces that it has granted a total of 240,000 stock options to Mr. Bertsch and other new employees, under its stock option plan. The options are exercisable at a price of $1.15 and expire five years from the date of grant.

For further information, please visit the Company's website at www.greatpanther.com, contact B&D Capital at telephone [phone], fax [phone] or e-mail [e-mail].

ON BEHALF OF THE BOARD

"Robert A. Archer"

Robert A. Archer, President & CEO