FOR IMMEDIATE RELEASE
July, 2006

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Breakthrough Quarters, 2006 Results

Medina, Ohio-based GHI Internet Services, a leading interactive media, internet marketing and ASP software company and the Internet division to parent company Griffith Holdings, Inc. reported to its board solid first and second quarter results for 2006. Profits, earnings, revenue growth, and continued margin expansion marked the best first two quarters in the company's 7 year history capped with a run rate for annuity revenues growing at 285% from the previous year.

"GHI's Internet Division has started the year with the strongest momentum in the company's short history, posting strong operating and superior financial performance for the first and second quarters and achieving important product development milestone resulting in our Search Engine Marketing Staff delivering its 125th client engagement," said Frank Griffith, Griffith Holdings chairman and CEO.

Financial Results

GHI's revenue increased 40.2 percent compared to the previous period a year ago. Revenue trends improved as a result of strong sales within GHI's portfolio of internet marketing products, specifically Organic and PPC SEO Services, but including web application development, our email marketing system, CleanAir, and our industry-unique web maintenance service, Connecting Smarter."Revenue growth, improved product delivery systems, maturing markets and continued cost containment have driven this improvement," said Jeff Reusser, GHI President and CFO.

Internet Marketing

Growing and continued strong demand for GHI's Internet Marketing Services was the highlight for the year thus far. The company added 32 new SEO clients with significant penetration into large F500 accounts with some having as many as 80 micro sites requiring both organic and ppc marketing initiatives. Net additional growth in our Connecting Smart market amounted to an increase of 324% reflecting strong demand within our existing client base for additional product and services consumption. And finally, our opt-in email system, CleanAir, generated 21 new clients showing renewed strength in GHI's belief in and commitment to the ASP market and business model.

GHI will continue to invest in the ASP market adding additional products and services in the coming quarters like Content Management, Offsite Data Storage, and Backup and Disaster Recovery to name a few. While in the internet marketing space look forward to new services like Internet Radio, Banner Advertising, Podcasting and Vodcasting to help sustain our client's market position, Start Position, within their highly ranked keywords of choice within Google, Yahoo, MSN, and AOL.

International

GHI's investment in our African Office only three months ago is already beginning to see penetration as partner relationships build in South Africa, Ghana, and Egypt. Websites, collateral, office space, and local contracts for business and computer training continue on pace.

About Griffith Holdings

Griffith Holdings, Inc. (GHI) is a holding company comprised of six privately-held high technology firms helping thousands of companies worldwide Connect Smarter™ to their markets, people, processes, and products through a customized combination of internet, marketing, software, and telecommunications services.

GHI delivers their communications services through subsidiaries and managed third-party enterprises (www.griffithholdings.com).

GHI Subsidiaries:

1. GHI Internet Services is an interactive media firm specializing in website design, Internet marketing, and hosted ASP solutions serving more than 650 clients worldwide (www.ghiis.com).
2. GHI Marketing Services is a senior management sales and marketing advisory firm (www.ghims.com).
3. GHI Telecom Services is a telecommunications expense management firm providing voice, data, and IP networking services saving more than $19,000,000 for 4,200 clients in the past 11 years (www.ghits.com).
4. GHI International Services is a technology incubator headquartered in West Africa providing leadership training, capital, and resources to indigenous entrepreneurs in developing nations as they build self- sustaining businesses (connectingafricasmarter.com).
5. Real Technologies Group Limited is an African outsourcing firm delivering new media projects for North American web design and marketing partners (www.realtechgrup.com).

GHI Managed Enterprises:

6. Automation Technologies Consulting is a software consulting firm specializing in object and component-based development for F100 companies in Northeast Ohio (www.automation-tech.com).

Whether clients use the internet, telephone, and/or traditional marketing services to reach their audiences, GHI's technology and communications solutions Connect their brands, people, products, and processes to their markets. Smarter.

For more information call 330.723.3136 or visit our family of web properties:

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