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

March 03, 2011 10:30 ET

RiMart Stores Signs Agreement With Sherwin Williams Paint

RiMart Stores Product Line Expanded

LAS VEGAS, NV--(Marketwire - March 3, 2011) - Grupo International, Inc. (PINKSHEETS: GRPI) President Ramon Richard announced that its RiMart Hardware and Specialty Store's division has entered into an agreement with Sherwin Williams Paint to sell their paint products through its RiMart Stores to take advantage of the increasing home improvement and new housing demand throughout Mexico.

In addition to Company's stores bearing the RiMart name, Grupo has created a rapidly growing franchise division. RiMart Stores are considered to be one of Mexico's first franchise opportunities of this type.

With its low entry cost of approximately $100,000 (of which 50% is eligible for government financing) these new franchises offer a new exciting opportunity for those wishing to start a small business. RiMart stores offer the franchisees a variety of products used everyday for construction, maintenance, as well as providing retail items that homeowners use every day. RiMart Stores is one of the first companies to offer an "in house credit" enabling sales for all of its consumer levels. It is Grupo International's goal to offer quality merchandise throughout these franchises and plans to aggressively enter the market place offering a package of quality products, in house financing, and the ability to attract commercial sales using the RiMart's products lines.

By offering Sherwin Williams paint throughout the RiMart Stores, the Company has once again demonstrated its commitment to quality throughout its new franchise network.

In addition to the rapid growth of the RiMart franchises, Grupo International, Inc. owns and operates other divisions that are both complementary and significant in their own right. These include the Sand Extraction Concessions, a Cement Block Manufacturing facility, Construction, and a RiMart Credit Card Division that provides consumers long term financing for more costly projects. The RiMart franchises have a distinct advantage in that the franchisee has the ability to increase its sales volume by accessing and offering the commercial products offered by the Grupo International parent company.

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 Investor 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.
    Investor Relations:
    Email: IR@grupointl.com
    702-952-3998