SOURCE: Golden Spirit Enterprises Ltd.

October 22, 2007 05:00 ET

Golden Spirit Enterprises Ltd. Signs MOU With Computainer Systems International Inc.

BELLINGHAM, WA--(Marketwire - October 22, 2007) - Golden Spirit Enterprises Ltd. (OTCBB: GSPT) reports that the Company has signed a Memorandum Of Understanding (MOU) with Computainer Systems International Inc. ("CSII").

CSII's main asset is the Computainer Shuffle System Technology which is a fully automated, computer-controlled, handling, sorting, storing, and inventory system for (20') twenty & (40') forty foot ISO shipping containers. The Shuffle System is the result of over (10) ten years of research, design engineering, functional models (built & tested), feasibility studies, resulting with the manufacturing, construction and (2) two years of independent-testing of a full size, completely operational Shuffle System combined with over $9,500,000.00 in investment to date. The Computainer System represents the most significant milestone within the container shipping industry over the past (40) forty years.

The MOU calls for issuance of cash and stock of Golden Spirit for the worldwide rights to patents, copyrights, marketing and licensing rights from CSII. A more definitive agreement with terms and conditions will be released within the next (30) thirty days.

The Company's entertainment production and distribution division will operate separately from CSII.

/s/ Robert Klein
Robert Klein, President

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact 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 in testing and evaluation of products and other risks detailed from time to time in Golden Spirit's filings with the Securities & Exchange Commission.

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