Grifco International, Inc. Announces New Order from India's National Oil Company and Spring 2007 Trade Show

  
    
  
  
    
      Grifco International, Inc. (OTC Pink Sheets: GFCI) announced a new order 
      from the National Oil Company of India. The purchase order is for 
      $100,000 in coil tubing products.
    
    
      According to Jim Dial, President, “This new 
      order is important to us because it solidifies our presence in the oil 
      producing fields in India. We will use this purchase order as an 
      opportunity to expand our product line and services to India’s 
      growing oil industry.”
    
    
      “As part of our commitment to India, we are 
      putting together a hands on trade show for our products and B2B services 
      for Spring 2007 in collaboration with other manufacturers in the USA and 
      Europe. We will be working with our international agents and value added 
      resellers or VAR’s to make the trade show a 
      learning experience for everyone attending. Further details will follow.”
    
    
      About Grifco International, Inc.
    
    
      Grifco International 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 industries 
      throughout the United States, China, Mexico, South America, the Middle 
      East and Africa. Grifco holds and owns design rights and manufacturing 
      facilities for producing more than 6,000 products for the oil and gas 
      industry with more than 150 clients, boasting the biggest names in the 
      business, including Halliburton, Exxon Mobil Corp, and Schlumberger. For 
      more information, please visit: www.grifco.org.
    
    
      Forward Looking Cautionary Statements
    
    
      Any statements that are not based on historical fact are forward-looking 
      statements. Although such statements are based on management’s 
      current estimates and expectations, and currently available competitive, 
      financial, and economic data, forward-looking statements are inherently 
      uncertain. We, therefore, caution the reader that there are a variety of 
      factors that could cause business conditions and results to differ 
      materially from what is contained in our forward-looking statements.