EGPI Firecreek, Inc. Signs Letter of Intent to Acquire Florida Based Signalization...

EGPI Firecreek, Inc. Signs Letter of Intent to Acquire Florida Based
Signalization and Lighting Co.

SCOTTSDALE, Ariz., Oct. 5, 2009 (GLOBE NEWSWIRE) -- EGPI Firecreek, Inc.
(OTCBB:EFIR) announced today the signing of a letter of intent to acquire a
privately owned signalization, intelligent traffic systems and lighting company
(the "Company") based in Florida and servicing the southeast United States.

The Company is engaged in all facets of the DOT construction industry. Over the
last 9 years they have created and managed an experienced group of office and
field personnel that specialize in the expertise of Signalization, Lighting,
Signing and Intelligent Traffic Systems. The Company has also worked with many
large retailers i.e., Walmart, Lowes and Home Depot, in addition to several
Private Developers, as well as City, County and State funded DOT projects.

This acquisition meets with EGPI Firecreek, Inc.'s strategic plans and
objectives for building vertical growth and diversified revenue streams through
the acquisition of similar companies that are related in the deployment and
sales of Intelligent Traffic Systems throughout the Southeastern parts of the
United States. The Company, who has been in business since 2000 with several
offices staffing approximately 50 employees, has created its market share of
business throughout this geographical region, and last year reported over $14
million in annual revenues.

SATCO Acquisition Update

As previously reported, EGPI Firecreek, Inc. announced the signing of a binding
Letter of Intent to acquire South Atlantic Traffic Corporation. To date, EGPI
Firecreek, Inc. is pleased to announce that all due diligence phases have been
completed, and is expecting the final completion of SATCO's audited financials
within the next 30 days, in order to move into a Definitive Agreement and
finalize the acquisition. SATCO, who has been in business since 2001 and has
several offices throughout the Southeastern United States, reported nearly $15
million in annual revenues for 2008. SATCO's products range from traffic signal
equipment, traffic and light poles, and data/video systems for ITS surveillance
systems.

Dennis Alexander, Chairman and CEO of EGPI Firecreek, Inc., stated, "This is a
very exciting time for EGPI Firecreek, Inc. and its M3 subsidiary. Whereas many
businesses have had to consolidate and cut their revenue base, we have
strategically placed ourselves in a position where we now have the potential and
ability to show exponential growth, strong revenue streams and diversification
in the marketplace. We look forward to finalizing these two acquisitions
expeditiously and adding their current revenues and ProForma numbers to our
balance sheet." He also stated, "Although we have dedicated a tremendous effort
in the success of our M3 subsidiary, we are still aggressively looking to
increase our diversification into the energy market by initiating our oil
drilling program in anticipation of the eventual spin-off of the wholly owned
subsidiary Energy Producers, Inc. to our shareholders. We anticipate positive
results from our project financing efforts and expect future updates pertaining
to our commitment to, once again, become an oil producing company."

About EGPI Firecreek, Inc.

EGPI Firecreek, Inc. before the decision to transition to embark on an
acquisition strategy centered on the vertical integration of enterprises serving
the DOT Construction and Intelligent Traffic System markets, through its wholly
owned subsidiary M3, Inc., was historically focused on oil production with an
emphasis on acquiring existing oil fields with proven reserves, the
rehabilitation of potentially high throughput oilfields, resource properties and
inventories on an international basis through the wholly owned subsidiary Energy
Producers, Inc. ("Energy Producers"). EGPI Firecreek, Inc. is also looking to
expand into Alternative energy sources as well as industries in the energy
field. Other companies in the oil sector include, Exxon Mobil, Pantina Oil and
Gas Inc., Frontier Oil Inc., and Cabot Oil & Gas Inc. through Energy Producers
as well.

The EGPI Firecreek, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6259

Safe Harbor

This release contains statements that constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These statements
appear in a number of places in this release and include all statements that are
not statements of historical fact regarding the intent, belief or current
expectations of EGPI Firecreek, Inc., its directors or its officers with respect
to, among other things: (i) financing plans; (ii) trends affecting its financial
condition or results of operations; (iii) growth strategy and operating
strategy. The words "may," "would," "will," "expect," "estimate," "can,"
"believe," "potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are cautioned that
any such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond EPGI Firecreek Inc.'s
ability to control, and that actual results may differ materially from those
projected in the forward-looking statements as a result of various factors. More
information about the potential factors that could affect the business and
financial results is and will be included in EGPI Firecreek, Inc.'s filings with
the Securities and Exchange Commission.

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CONTACT: EGPI Firecreek, Inc.
Public Relations and Shareholder Information
Joe Vazquez
(754) 204-4549
info@egpifirecreek.net