GFCI Grifco International Inc (CE)

Grifco International, Inc. (OTC Pink Sheets: GFCI) announced a new order from the National Oil Company of India. The purchase order is for $100,000 in coil tubing products. According to Jim Dial, President, �This new order is important to us because it solidifies our presence in the oil producing fields in India. We will use this purchase order as an opportunity to expand our product line and services to India�s growing oil industry.� �As part of our commitment to India, we are putting together a hands on trade show for our products and B2B services for Spring 2007 in collaboration with other manufacturers in the USA and Europe. We will be working with our international agents and value added resellers or VAR�s to make the trade show a learning experience for everyone attending. Further details will follow.� About Grifco International, Inc. Grifco International is a leading provider of oil and gas services equipment, specializing in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industries throughout the United States, China, Mexico, South America, the Middle East and Africa. Grifco holds and owns design rights and manufacturing facilities for producing more than 6,000 products for the oil and gas industry with more than 150 clients, boasting the biggest names in the business, including Halliburton, Exxon Mobil Corp, and Schlumberger. For more information, please visit: www.grifco.org. Forward Looking Cautionary Statements Any statements that are not based on historical fact are forward-looking statements. Although such statements are based on management�s current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements.