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[10 bagger]

GFCI....

Grifco International, Inc. (OTC: GFCI), a provider of oil and gas services equipment to the worldwide oil and gas industry, is in the process of increasing the manufacturing output of its Louisiana production facility via the purchase of machinery equipment, highlighted by the recent delivery of dual CNC lathe machines.

The CNC lathe machines allow Grifco International to better service its clientele by completing orders more quickly and with minimal outsourcing. The CNC Turning Center and CNC Mill are state-of-the-art, easily programmed and maintained, and allow Grifco to be highly competitive with its price quotes and delivery schedule. Grifco International anticipates the addition of the machinery equipment will increase production at the facility 500%.

"The CNC lathe machines deliver a drastic improvement in our ability to meet production days as quoted," said Wendell Taylor, Manufacturing Supervisor for Grifco International. "The new CNC turning center will enable Grifco to increase our tool inventory while completing new orders for our customers. The CNC machines will decrease our average production time by four- to five-fold."

In addition to the new equipment, Grifco International is presently working with its accounting staff to compile and audit financial statements in anticipation of becoming an SEC fully reporting company. Grifco International believes this process will be completed in the next 3-4 months.

Grifco International Inc. is a leading provider of oil and gas services equipment, specializing in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industry throughout the U.S., China, Mexico and South America. Grifco's patented products are known and used throughout the world. In addition to our patented tools, Grifco designs and manufactures over 350 products for the Oil and Gas industry with a clientele boasting the biggest names in the business, including Halliburton, Exxon, and Schlumberger. Please visit www.grifco.org.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Company cautions the assumptions, expectations, projections, intentions, or beliefs about future events may, and often do, vary from actual results and the differences can be material. Some of the key factors which could cause actual results to vary from those the Company expects include changes in natural gas and oil prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as our ability to access them, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting our business. More information about the risks and uncertainties relating to the Company's forward-looking statements are found in our SEC filings.

Contact: Grifco International, Inc. http://www.grifco.org Jim Dial [phone] [e-mail]


I have been to thier website and read over 10 press releases...No where do I find ,, share,,revnue,, or paid for,,, or revnues for any new company brought to GFCI... In one release a new rental agency will be set up in Mexico and they expect 3 to 5 milliomn in revs....do a google of the company and you will find thier press releases have hit almost every oil journal in the free world with out one mention of any revnues or earnings hank