FirstGrowth Exploration & Development Services Corp.
OTC Bulletin Board : FGCDF

FirstGrowth Exploration & Development Services Corp.

January 16, 2008 08:00 ET

FirstGrowth to Present at Inaugural International Exhibition for Mineral Exploration and Applications in Saudi Arabia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 16, 2008) - FirstGrowth Exploration & Development Services Corp. (TSX VENTURE:FGC)(OTCBB:FGCDF)(FRANKFURT:G8Q) (the "Company" or "FirstGrowth") is pleased to announce that it has been chosen as one of three Canadian companies to participate in the inaugural International Exhibition for Mineral Exploration & Applications ("MENA-EX 2008"). This Exhibition is being organized by the Kingdom of Saudi Arabia's Ministry of Petroleum and Mineral Resources and will be officially opened by His Royal Highness Prince Khaled Al-Faisal Bin Abdulaziz.

MENA-EX 2008 ( will be the first major convention and exhibition in the Kingdom of Saudi Arabia focusing on the potentially vast mineral resources of the Middle East and North Africa. The meetings and exhibits, which will be held at the Jeddah Convention Center from January 22-25, 2008, are designed to gather interested parties in mineral exploration, development, and mineral applications to promote mineral investment in this part of the globe. The goals of the meetings are to identify and promote exploration and mineral development opportunities in the Gulf area and North Africa.

"We are very excited to showcase our company's applied sciences Digital Full Wave subsurface imaging capabilities for mineral resources exploration," stated Mr. Gil Schneider, Chief Executive Officer. "The Kingdom of Saudi Arabia is actively promoting exploration of its minerals resources, principally gold, zinc, and copper, all of which we have successfully imaged for our current clients. We welcome the invitation to attend this Exhibition and believe it will be an outstanding opportunity to meet government departments and major local companies who are keenly interested in international partners with exploration expertise. It should be a fertile ground for business opportunities."

Mr. Schneider went on to note, "It is meaningful that MENA-EX 2008 will draw on the expertise of the Saudi Geological Survey ("SGS") as its Technical Official Sponsor; since FirstGrowth's subsidiary, Kinetex Inc. has performed a number of projects for notable academic institutions such as the US Geological Survey and the Geological Survey of Canada."

About Saudi Geological Survey

SGS surveys provide the essential baseline geological, geophysical and geochemical and information for the onshore and offshore territories of the Kingdom. The key objectives of geologic mapping in SGS are to complete ground surveys (geological, geophysical, geochemical and topographical) of the Arabian Shield, Phanerozoic cover rocks and basaltic lava fields (harrats) for preparation of engineering geologic maps. These projects aim at the study of engineering geology and focus on geologic and geomorphologic features, and also include identification of the engineering properties of soil and rock types.

About FirstGrowth

FirstGrowth is an oil, gas and mineral exploration services company focused on providing data-rich high resolution subsurface images - essentially a brand-new exploration tool - to the resource exploration and development industry. Driven by a proven and experienced management team and using cutting edge technology, FirstGrowth has doubled its revenues for three consecutive years.

FirstGrowth's subsidiary, Kinetex Inc., has been a developer of advanced exploration techniques for over six years as an integrator of applied sciences to the resource industry, including oil & gas exploration and development, and precious and base mineral exploration and evaluation. One of Kinetex's primary services is targeted implementation and optimization of seismic imaging using the proprietary VectorSeis Recording System and Digital 3 Component Full Wave Imaging.


Gil Schneider

The company seeks safe harbour.

The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release.

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