SOURCE: EGPI Firecreek, Inc.

September 16, 2010 12:45 ET

EGPI Firecreek, Inc. Appoints New Board of Director

Appointment of New Director Adds Greater Depth to Oil & Gas Division

SCOTTSDALE, AZ--(Marketwire - September 16, 2010) -   EGPI Firecreek, Inc. (OTCBB: EFIR) is pleased to announce the appointment of David Taylor to the Company Board of Directors.

Mr. Taylor is presently the President of Caddo International, Inc., an oilfield service company in Oil City Louisiana. Caddo provides operations for work over rigs and other oil field service equipment to work over wells located in the Caddo Pine Island Field and additionally maintains and oversees leases for owners. Mr. Taylor is also President of Chanwest Resources Inc. ("CWR"), a wholly owned subsidiary of EGPI Firecreek, Inc. CWR is an oilfield construction service company which operates in east Texas and North West Louisiana. Over the years Mr. Taylor has been a consultant through Willoil Consulting, LLC to several companies in Northeast Louisiana and East Texas, dealing with day to day operations and management issues in the Oil and Gas Industry. In addition, Mr. Taylor has been a professional accountant in the Oil and Gas Industry for 40 years with services provided in several States in the U.S. including Indiana, Illinois, Oklahoma, Kansas, Texas, California and Louisiana. He has also been an officer and director of several public companies in the natural resource field. Mr. Taylor's experience includes assisting turnaround situations in the oil and gas industry as well as mergers & acquisitions in the public and private sector.

Dennis Alexander, CEO and Chairman of EFIR, stated, "The addition of Mr. Taylor, with his broad and expansive experience in the oil and gas industry, brings great depth to our Board, while increasing our abilities to expand our oil and gas operations. We look forward to utilizing his expertise as we continue to grow our operations."

As previously reported, EGPI Firecreek, Inc. and Caddo Industries have been in negotiations for an asset purchase of Caddo. Terms have been agreed to and both companies expect the transaction to be finalized within the next several days.

About EGPI Firecreek, Inc.

EGPI Firecreek, Inc.'s business and acquisition strategy is focused on both the vertical integration of enterprises serving the D.O.T. Construction and Intelligent Traffic System markets through South Atlantic Traffic, Inc. (SATCO) alongside its wholly owned subsidiary M3 Lighting, Inc. (M3), and on oil and gas production with an emphasis on acquiring existing fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories, through its wholly owned subsidiary Energy Producers, Inc. (Energy Producers) and for oil and gas servicing business through its wholly owned subsidiary Chanwest Resources, LLC (CWR). EGPI Firecreek, Inc. is also looking to expand into alternative energy sources as well as industries in the energy field. Other companies in the oil sector include Exxon Mobil, Pantina Oil and Gas Inc., Frontier Oil Inc. and Cabot Oil & Gas Inc.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of EGPI Firecreek, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond EGPI Firecreek, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in EGPI Firecreek, Inc.'s filings with the Securities and Exchange Commission.

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