Knight Executes Stock Exchange Agreement with Integrated Technology Group, Inc.

ATLANTA -- Knight Energy Corp. (Knight) (Pink Sheets: KNEC), announced today that it has executed a stock exchange agreement with Integrated Technology Group, Inc. (ITGI), which, upon closing, will result in the former stockholders of Knight owning approximately 85 percent, or 16,762,500 shares, of the issued and outstanding common stock of ITGI. In connection with this transaction, ITGI has changed its name to "Knight Energy Corp." After the closing, it is anticipated that Knight's securities will be traded over-the-counter on the pink sheets under the symbol "KNEC."

Knight's wholly owned subsidiary, Charles Hill Drilling, Inc. (CHD, Inc.), intends to operate as an oil and gas services company for which it owns an oil and gas drilling rig. Knight and/or CHD, Inc. also intend to develop oil and gas reserves. In this regard, CHD, Inc. is the lessee under an oil and gas lease agreement covering 160 acres in Stephens County, Texas.

Knight currently intends to use its drilling rig to drill additional wells on the 160 acre Stephens County property. Knight also intends to continue to review potential additional acquisitions and investments in the oil and gas industry, as well as investments in other energy related businesses and assets.

Forward-Looking Statements:

This press release contains forward-looking statements. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by Knight may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. Knight assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.