SOURCE: American Green Group, Inc

December 01, 2009 08:30 ET

AMNE's Test Sales Program Has Promising Results

NEW HAVEN, CT--(Marketwire - December 1, 2009) - American Green Group, Inc. (PINKSHEETS: AMNE) ( and its wholly owned subsidiary Paradigm Polymers began testing a telemarketing program in November and during a 3 week period produced a number of sales and leads for after the New Year.

AMNE's test program should yield 15 sales or approximately $250,000 in sales with a 30% profit margin. The program randomly cold called companies within the industry and informed them about Ecosafe Premium Insulation®.

AMNE is expecting to have sales of at least $1 million for fiscal year 2009 and should see a dramatic increase for 2010 now that the Company has a sales system in place.

AMNE expects to complete its North East deal sometime this month, which will help add to the bottom line for 2010 as well.

The Company believes all other remarks made in the release to be accurate to the best of their knowledge.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.