VIPR Industries Inc.

VIPR Industries Inc.

September 15, 2008 08:00 ET

VIPR Industries Inc. Receives Positive and Encouraging Data On Its Itigi Manyoni Uranium Prospecting Property

TORONTO, ONTARIO--(Marketwire - Sept. 15, 2008) - VIPR Industries Inc. ("VIPR") (PINK SHEETS:VIPR)(FRANKFURT:VIN) announces receipt of positive and encouraging data from its Radiometric Airborne Survey on its Itigi Manyoni Uranium Prospect.

The Radiometric Airborne Survey was conducted by Geo Survey International to classify radiometric anomalies on its Itigi Manyoni Uranium Property located in Tanzania, which encompasses an area of 170km and is bounded by four corners coordinates - A. Lat 05 50 ' 00 '', Longitudes 34 30 ''; B. Latitudes. 05 50 '' 00'', Long 34 , 35 ' 00 '', C. Lat 06 00 ' 00 '' , Long 34 35' 00 '', D. Lat 06 , 00' 00 '', Long 34 30' 00 ''.

The Radiometric Airborne Survey has displayed a total of 14 zones indexed in the QDS141 where the license is located. The license area lies in zone 141/8. Of the 14 anomalies, 7 have been designated as high priority. Uranium counts exceeding 25cps have been classified as Uranium Point Source Anomalies. The radiometric surveys are known in the industry, and proven to be a very efficient, cost effective, and accurate way of determining hotzones. It is the company's intention to follow up with the necessary groundwork to further isolate and confirm the anomalies. VIPR President and CEO, Mr. Mike Gerstner stated "We are pleased to be moving forward on Itigi Manyoni as demand for Uranium is expected to increase as the world's energy needs and concerns for the environment continues to be a priority for many governments around the globe". The company has highlighted and posted the data and chart results on its website which can be accessed at the following link

About VIPR Industries Inc.

VIPR Industries Inc. is a precious metals exploration and development company focused on Gold, Uranium, and other precious metal resources and reserves through mergers, acquisitions and resource development.

Cautionary "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995. Some of the information included in this press release and other documents by VIPR Industries Inc. (as well as information included in statements made by its representatives, about information about the business it is engaged in or proposes to engage in or about acquisitions) may contain forward looking statements. Forward looking statements do not relate strictly to historical or current facts, often will be phrased in the future tense and may include the words "may," "could," "should," "would," "believe," "expect," "anticipate," "estimate," "intend," "plan" or other words or expressions of similar meaning. Forward looking statements that relate to VIPR Industries Inc. ("VIPR") or its present or proposed business are based on VIPR's current beliefs and expectations about future events and include statements that reflect management's beliefs, plans, objectives, goals, expectations, anticipations and intentions with respect to VIPR's financial condition, results of operations, future performance and business, including statements relating to VIPR's business strategy and VIPR Industries current and future development plans. Factors that could cause actual results to differ materially from projections include, among others, precious metals prices, decisions and activities of the operator of the various properties, unanticipated grade, geological, metallurgical, processing or other problems the operator may encounter, changes in project parameters as plans continue to be refined, economic and market conditions, as well as other factors described elsewhere in this press release or any other filings submitted by VIPR. In addition, acquired royalty interests on certain projects are subject to risks associated with conducting business in a foreign country, including application of foreign laws to contract and other disputes, foreign environmental laws and enforcement and uncertain political and economic environments. Most of these factors are beyond the Company's ability to predict or control. The Company disclaims any obligation to update any forward-looking statement made herein. Readers are cautioned not to put undue reliance on forward-looking statements.

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