GRIT International Inc.
FRANKFURT : 3GR1

GRIT International Inc.

July 17, 2009 16:00 ET

GRIT International Inc.; Along With Target Rentals Ltd. Announces an Exclusive Manufacturing Blasting Painting and Supply Agreement of Dual Containment 500BBL Invert Tanks for 24.0 Million CDN

GRANDE PRAIRIE, ALBERTA--(Marketwire - July 17, 2009) - GRIT International Inc, ("GRIT") (FRANKFURT:3GR1) ALONG WITH TARGET RENTALS LTD. ANNOUNCES AN EXCLUSIVE MANUFACTURING, BLASTING, PAINTING AND SUPPLY AGREEMENT OF DUAL CONTAINMENT 500BBL INVERT TANKS FOR $24.0 MILLION CDN 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.

Invert, drilling fluids, an oil-mud derivative used in the drillings for oil and natural gas wells. The main functions of drilling fluids is to prevent formation fluids from entering into the borehole and keeping the drill bit cool and clean. This invert-mud has been in the past pumped from mud pits, the Dual Containment Tanks address an array of issues.

The tanks design, easy of mobility, on-site functionally, but mostly it's precautionary designed to reduce the environmental impact whilst on location. It is the Easy of setup; no picker truck necessary, dual containment; no pit bermed containment or lining is required. All the benefits of the design make the unit safer, and cost effective. Target Rental's tanks have been primarily used on drilling rigs to store and manage drilling fluids. These tanks can be used on any application were dual containment is needed; such as the drilling needs of the shale gas plays.

Grande Prairie, Alberta currently resides over the Monteny Shale Gas Play and is near to the Horn River Shale Gas Play in Northern British Columbia.

GRIT is aware that innovative ideas that come from forward thinking companies like Target Rentals will provide mutual economical longevity. We will explore on Targets behalf any environmental incentives that could be attributed to dual containment development and utilization.

Target's President, Mr. Paul Janzen says, "In proactive dealings with GRIT, Target Rentals foresees an upside in obtaining equipment, securing pricings now; as we are about to come out of a recession period and Target wants to be positioned to supply the market as needed."

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 Groups 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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