SOURCE: Advanced Growing Systems

November 14, 2007 08:00 ET

Advanced Growing Systems, Inc. Names New Chief Financial Officer

ALPHARETTA, GA--(Marketwire - November 14, 2007) - Advanced Growing Systems, Inc. (PINKSHEETS: AGWS) is pleased to announce it has named Dan Dunn as the Company's Chief Financial Officer. This position will be shared with current CFO Lyle Mortensen until December 31st, 2007 at which time Mr. Mortensen will step down from his position. Mr. Mortensen will continue to serve on the Company's Board of Directors and will head the Board's audit committee.

Mr. Dunn brings over 13 years of accounting experience specializing in early stage construction and manufacturing companies. Mr. Dunn has a successful track record of taking companies to the next level by designing and implementing innovative financial strategies. He was previously Chief Financial Officer with Janus International Corp., a manufacturer of steel rolling overhead doors, where he directly assisted in growing the company from a start up to over $80 million in sales while adding two additional manufacturing facilities, one distribution center and a foreign joint venture in a four year period.

"We are very excited to have Dan join us. He brings a wealth of financial experience and Advanced Growing Systems is fortunate to have someone of his caliber join our senior management team," said Chris Nichols, President and CEO.

"This is a great opportunity to join a rapidly growing company with a strong outlook for continued growth," Dunn said. "Advanced Growing System has a talented management and sales team that have the company going in the right direction. I am also excited to be involved with a publicly traded company in the nursery and fertilizer working areas."

Dan is a graduate of West Georgia College and holds a B.B.A. and M.P.A. in Accounting.

About AGWS:

Advanced Growing Systems, Inc. ("AGSI" or the "Company"), founded in 2006, is the parent company of Organic Growing Systems, Inc. (a scientifically advanced Organic fertilizer manufacturer) and Advanced Nurseries, Inc. (a wholesale group of Commercial Nurseries located in the Southeastern US). AGSI is dedicated to providing its shareholders significant value and is directly involved in the $48 Billion fertilizer market and the $66 Billion Green Industry. For more information, please visit www.AGSIncorporated.com.

In order to receive regular updates on AGWS, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1435&to=ea&s=0

FORWARD-LOOKING STATEMENTS:

Statements about AGSI's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. AGSI's actual results could differ materially from expected results. AGSI undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this objective; AGSI will appropriately inform the public.

Contact Information

  • Institutional Advisor:

    PMG Capital LLC
    Paul M. Gozzo
    Tel: 888-747-5397
    Fax: 888-799-9741
    pmgcapital@hotmail.com

    Investor Relations:

    Gerald Kieft or Ryan Audin
    Wall Street Resources, Inc.
    2646 SW Mapp Road, Suite 303
    Palm City, Florida 34990
    772-219-7525
    http://www.wallstreetresources.net