SOURCE: EGPI Firecreek, Inc.

September 02, 2010 13:55 ET

EGPI Firecreek, Inc. and Terra Telecom, LLC Announce Positive Response and Plans for Expansion in the Utilities and D.O.T. Industry

Expansion to Provide Solid Growth for Terra Telecom

SCOTTSDALE, AZ--(Marketwire - September 2, 2010) -  EGPI Firecreek, Inc. (OTCBB: EFIR) and Terra Telecom, LLC (referred as "Terra"), are pleased to announce plans for continued expansion in the utilities industry.

Terra Telecom, a premier Alcatel-Lucent partner, is a leading provider of state-of-the-art communication technologies. Over the years, they have serviced several significant utility companies with a broad range of customized services. Because of their success within this industry, several key opportunities have allowed them the ability to meet and exceed expectations. Because of this, additional opportunities have now made themselves available which will ultimately allow the company to show exponential growth within this specific key market.

Mark Lane, VP of Operations for Bristol Virginia Utilities, stated, "Terra Telecom has been instrumental in the success of BVU OptiNet's call center infrastructure and hosted PBX service to government entities. Their partnership approach and creative business models have allowed us to develop the right mix of product portfolio, self-maintenance, and vendor-support. Even in situations where the manufacturer has been inflexible in meeting our needs, Terra has found a way to work around or through those limitations to meet our business requirements and customer needs."

Denver Water has relied on Terra for the past 4 years as their communications partner. Some of their recent changes included networking several of their remote sites into their Denver Headquarters communications system. Terra Telecom and Denver Water have now deployed a new advanced disaster recovery solution to ensure business continuity in the event any one of their facilities became unusable. Terra's capabilities in the world of disaster recovery have provided Denver Water the solutions that will keep them running in the worst possible scenarios.

Wade Clark, Terra Telecom CEO, stated, "A major South West Utility Provider made the move to Terra Telecom 4 years ago. This past April, after winning the RFP for support renewal, Terra was again issued a multiyear contract for ongoing services due to its competitive pricing and the demonstration of its technical expertise over the previous 4 years. This Utility Provider is currently in the process of upgrading all of their systems to the latest revision levels, and their Water Customer Service department is also currently upgrading their Genesys Contact Center, adding integration with Microsoft CRM for screen pops, and doing a Genesys Voice Portal deployment for IVR functionality. No matter the need, Terra is there to deliver the solutions to meet our customers' challenges. We are extremely optimistic about the potential for growth we have in this market." He also stated, "Terra Telecom is now leveraging this business model, specific to this vertical market, in order to negotiate for a new 5 state D.O.T. contract for Microwave, data, and voice communications infrastructure enhancements."

As previously announced, EGPI Firecreek signed a binding Letter of Intent to acquire Terra Telecom, LLC. Terms have already been set and agreed to by both parties. Both companies are currently working diligently through their due diligence process in order to finalize the acquisition by September 30th.

About Terra Telecom

Terra is an industry leader in value creation for each of their clients and stakeholders. Terra's enterprise business has experienced exponential sales volume and revenue growth since January 2005 with year to year revenue growth averaging 46.6% over 2005, 2006 and 2007. The revenue growth fueled by increases in the volume and scope of jobs created the need for significant infrastructure growth. In 2006 Terra relocated its company headquarters to a modern, 25,000 square foot facility in Tulsa, Oklahoma. This facility provides the Company the space to continue growth and the ability to manage operations throughout the nation.

Terra Telecom also works with the United Nations delivering Alcatel voice products to several countries and the Texas Dept. of Transportation, which will bring significant opportunities to EGPI through various ITS/D.O.T. opportunities with Alcatel products.

For more information on Terra Telecom, please go to:
http://www.terratele.com

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.

Contact Information