GRIT International Inc.
FRANKFURT : 3GR1
PINK SHEETS : GRIG

GRIT International Inc.

April 17, 2009 09:32 ET

GRIT International Inc. Evaluating Strategic Options

GRANDE PRAIRIE, ALBERTA--(Marketwire - April 17, 2009) - GRIT International Inc., (GRIT) (FRANKFURT:3GR1)(PINK SHEETS:GRIG) announces today that it has initiated a strategic review process to secure financing of over five million dollars.

The Board of Directors has therefore engaged with 2 advisors, to identify alternatives available to Grit that will enhance shareholder value.

The strategic review will encompass a thorough analysis and evaluation of the prospects and options available to the Company, including private placements, equity line of credit, and strategic investment with a large fund manager or other alternatives that may be identified by the Company's advisors or Board of Directors.

Lawrence Zeiben, President & CEO says: "The Company will explore strategic alternatives which could enhance shareholder value".

The Company believes that there are several alternatives that are available in the market to increase its working capital which will allow it to move forward and grow the Company during this difficult time."

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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