GRANDE PRAIRIE, AB--(Marketwire - July 29, 2010) -  GRIT International Inc., "GRIT" (FRANKFURT: 3GR1) (PINKSHEETS: GRIG) announces through its wholly owned subsidiary the 100% share acquisition of Groves Sandblasting Ltd of Alberta Canada.

With this acquisition, GRIT will continue to provide external/internal painting/coating application services based on its current contract with Taka Engineering which was appointed by Murphy Oil. The contracted project 6000 Meters (all 12 inch and under) of facility pipe along with structural needs for the Tupper Creek plant located on the Montenay Shale Natural Gas Play in Western Canada. Groves' previous clients include Akita Drilling, Canadian Natural Resources Limited, as well as EnCana, Ensign Energy and Flint Energy. Groves will continue to operate as usual with no interruptions and will extend its services to new and existing clients. Revenues were just over $1,500,000 CDN for 2009, up significantly from the previous year. Groves is also currently under agreement to complete work for EnCana's Plant facility, pipe and structural project on the Horn River Shale Natural Gas Play in Western Canada. The company expects an increase in revenue for 2010 of approximately 15%, whilst currently bidding on several new projects for 2010 and 2011.

HIGHLIGHTS FOR JULY 2010
Grit International has been very busy during the month of July 2010. The acquisition of Groves represents the placement of a significant building block for Grit and will allow the company to expand its services throughout the very active Western Canada Market. Other activities include agreements to acquire financing and purchase contracts from an industrial resource partnership which will allow the company to expand operations and investment activities into other resource sectors. 

As part of this transaction, Grit has also been assigned equity financing agreements which the company expects to go to long form on within 7 days.

January 2010 - June 2010
Outstanding Letters of Intent "LOI's," a total of Two (2) still remain, with deposits still on hand, institutional financing had requested third party appraisals to validate current stated values for lending purposes. Agreements to build blast and paint Dual Containment Tanks have been impeded by the current credit crisis which limited financing sources at that time. 

YEAR 2009
Grit signed agreements with Global Emerging Markets to provide a 5.0M Euro Equity Line of Credit. The company continued to operate throughout the year.

YEAR 2008
A new IR/PR Team was engaged to provide market awareness on behalf of the company. The campaign was not up to the company's expectations and as a result had the reverse affect on the company and its stock price. The refusal by the contracted party to cancel the contract led to a further deterioration of relations which was reflected in additional downward pressure on the share price. This pressure was further compounded by the fact that the world was entering a global slowdown, so it was with great regret that the company was forced to announce a 20:1 rollback of its share capital. This allowed Grit International to re-position itself for needed financing in order to attract new financing and partners.

That year GRIT had to also forfeit a non-refundable deposit to an Edmonton Based Sandblasting and Painting acquisition due to an unsuccessful attempt to fund the project which was the result of falling property values and a lack of available credit. 

GRIT INTERNATIONAL INC. GRIT International is a Canadian based company, registered in the State of Nevada; its goal is to become the leader of paint and coatings products in North America. GRIT is already a specialized service provider of composite abrasives, blasting, paintings and coatings. 

Safe Harbour Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Contact: GRIT International Inc., Investors Relations. Website: www.gritintl.com; E-mail: grit-admin@gritintl.com