GRIT International Inc.
FRANKFURT : 3GR1

GRIT International Inc.

September 22, 2009 16:00 ET

GRIT International Inc. Adds to $24 Million Blasting Painting and Supply Agreement with $6 Million Contract to Manufacture, Blast and Paint, Support Units

GRANDE PRAIRIE, ALBERTA--(Marketwire - Sept. 22, 2009) - GRIT International Inc., ("GRIT") (FRANKFURT:3GR1) along with TARGET RENTALS LTD. ('Target') announced an exclusive manufacturing, blasting, painting and supply agreement of dual containment 500bbl invert tanks for $24.0 million CAD dollars with a first right of refusal on future equal proceeding orders.

An innovative services solution equipment supplies company Target Rentals; provides support equipment for the Oil & Gas Industry. Through an array of service equipments, Target has been greeted with success over its patented (pending) Dual Containment 500 barrel invert tanks.

As the innovative thinkers that Target Rentals are, they are expanding on their ingenuity to change how things have been done a past tense, to a simplified way of how things can be to the present. As for the future, there are many foreseeable advancements that can be made with current technologies that will improve and simplify how we do things today.

The discussions regarding the additional support units are merely a catchall unit that carry an assortment of a pump, piping, tie-in equipment, necessarily required for on-site invert tank needs. The value of this contract is pegged at $6.0 million CAD.

Target's President, Mr. Paul Janzen says, "We are aware of the supply and demands on our industry that would necessitate us in increasing our product inventory. We currently remain optimistic amongst these depressed market conditions foreseeing solutions in supporting future industry improvements."

GRIT sees sustainability in like-minded company's like Target Rentals where innovations will lead the way to future perpetuity, economically supportive in best available technologies.

TARGET RENTALS LTD. is Privately Controlled Alberta (Canadian) Corporation; that has been growing over the past three (3) years of its existence; through the innovated thinking's of its founders. Contact pjanzen@targetrentals.ca for all your dual containment needs.

GRIT INTERNATIONAL INC. GRIT International Inc is a Canadian based company. Its goal is to become one of North America's major Industrially Specialized Service Providers in the Composite Abrasives Blasting & Paintings/Coatings Sector; seeking to set service standards in Craftsmanship and Quality, with service continuity and product guarantees.

Safe Harbour Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

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