SOURCE: Grupo International (HIV-VAC, Inc.)

February 24, 2011 07:30 ET

Grupo International Receives Over 3 Million Dollars in Contracts for February

Grupo International Confident on Future

LAS VEGAS, NV--(Marketwire - February 24, 2011) - Grupo International, Inc. (PINKSHEETS: GRPI) President Ramon Richard announced today that Grupo International Inc. has announced that Grupo Ideal, a division of the Grupo Carso Corporation "GPOVY," has awarded a new Maintenance Contract to Richard and Lange, a Division of Grupo International. The contract calls for all the maintenance of the New Corporate Headquarters of Grupo Ideal, located in the Plaza Carso Tower in Mexico City.

The Grupo International Construction and Maintenance Division have added over 3 million dollars in contracts in the last 30 days. Beginning this month, the Company was awarded a 2.5 million dollar contract for the first phase of construction for the Cicsa Mine operation in Northern Baja and is expecting additional contracts from this project.

President Ramon Richard stated that "This second contract for the Construction and Maintenance Division affirms that the Company is being recognized by this Country's largest Corporations and opens the way for Grupo International to receive additional contracts for both Government and Civil projects in the near future."

Grupo International operates several Divisions that specialize in the basic industry products which include the RiMart Specialty Tool and Franchised Hardware Stores, Mining Sand Concessions, a Cement Block Manufacturing Plant, Construction, and an in-house Preferred Credit Card Division. Each operation interacts with each Division allowing for a competitive working structure. Additional information can be found in the Company's most recent 8k filing and the Company's web site (www.grupointl.com) describing the business and transaction.

For additional information please contact Investors Relations listed below:

Safe Harbor:
The information contained in this press release, including any "forward looking" statements within the meaning of section 27A of the securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 contained herein, should be reviewed in conjunction with the Company's Annual Report on Form 10-KSB and other publicly available information regarding the Company, copies of which are available from the Company upon request. Such publicly available information sets forth many risks and uncertainties related to the Company's business and such statements, including risks and uncertainties related to that are unpredictable and outside of the influence and/or control of the Company. In particular, these risks and uncertainties include, without limitation: that third parties may be successful in challenging the patent issued; that granted claims may be held invalid or interpreted differently by a court of law; that other patents will issue that will block the Company from commercializing the technology covered by the patents; and that the benefits that Company believes can be derived from the patented technology will not be realized due to difficulties encountered in the long and expensive process of the development of new technologies and the cost and uncertainty in obtaining regulatory approval for products based on these technologies. In addition, there are many other risks and uncertainties inherent in the development of the Company's products, including the risk of not obtaining regulatory approval for a variety of reasons and the risk of adverse side effects in humans. Other risks relating to Company are detailed from time to time in documents filed by Company with the SEC.

Contact Information

  • CONTACT:
    Grupo International Inc.
    Investors Relations:
    Email: IR@grupointl.com
    702-952-3998