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EGPI Firecreek Subsidiary Forms Partnership With Manufacturing/Engineering Co.

November 19, 2009 (FinancialWire) — EGPI Firecreek, Inc. (OTCBB: EFIR) announced information regarding the strategic partnerships formed with its recently acquired subsidiary, South Atlantic Traffic Corp. (SATCO), a Florida corporation, and a manufacturing/engineering company specializing in transportation industry products, which operates in the Southeastern United States.

EGPI through its M3 unit has been successful in aggressively pursuing acquisitions and strategic alliances in the DOT construction industry on Federal and State levels in order to expand and vertically integrate its business in 2009.

SATCO recently formed a partnership with a manufacturing/engineering company in an effort to optimize fabrication and engineering capabilities as well as SATCO’s presence in the contractor and distributor market. Together, the two plan to be the premier resource provider for traffic solution needs. This recently formed relationship between SATCO and the manufacturing/engineering company enhances EGPI’s ability to build on this integrated structure while further increasing the company’s capabilities and resources. This will also allow the company to operate more cost effectively and efficiently. The partnership is expected to add up to an additional $7 million in annual revenue for SATCO.

Through this partnership, the manufacturer is being represented by SATCO in several market categories, including: Strain Poles, Mast Arm Poles, Camera Poles, Overhead sign structures and Toll Gantry’s.

The partnership between the manufacturer and SATCO is exclusive in the following states: Georgia, South Carolina, North Carolina, Tennessee, Alabama, Mississippi, Louisiana and Texas. Both the manufacturer and SATCO bring different products and specialties to the table that will enable this partnership the ability to deliver the best products to the customer.

As previously reported, EGPI recently finalized its acquisition of SATCO, making it the company’s newest wholly owned subsidiary. SATCO has been in business since 2001 and has several offices throughout the Southeast United States. Last year they reported nearly $15 million in annual revenues with a positive EBITDA. The acquisition also added an estimated $1.5 million in assets to the company’s balance sheet.

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