SOURCE: Advanced Growing Systems

February 20, 2007 09:18 ET

Advanced Growing Systems, Inc. Achieves $565,361 Gross Revenues in the Month of January

Company to Announce Month-Over-Month and Yearly Revenue Assessment Released by the 15th of Each Month

ALPHARETTA, GA -- (MARKET WIRE) -- February 20, 2007 --Advanced Growing Systems, Inc. (PINKSHEETS: AGWS) announced today that it will begin, with this announcement, a series of month-over-month and year-to-date versus prior year sales comparisons to achieve transparency and investor awareness.

January 2007 company wide sales were $565,361. There was no revenue in January of 2006 as the company began formal operation in early April 2006.

"We are in the middle of a very cold and wet winter," stated Jon Hammond, President of Advanced Nurseries, Inc., "but our sales volume has stayed constant throughout. With spring fast approaching, we are positioned to make an even stronger market share surge. Both divisions of Advanced Growing Systems, Inc. (Advanced Nurseries, Inc. and Organic Growing Systems, Inc.) operate in industries that are dominated by the spring and fall planting and growing seasons. With our third branch coming online in March 2007, we should see a dramatic increase in gross revenues and monthly comparisons as our busiest time of the year arrives."

"Having a solid foundation with the right people in place is critical to maintaining an aggressive ramp rate over the next 12 months. Our people are the core of this business and our expectations are set high. We are happy with our progress but not even close to being satisfied," stated Chris Nichols, President and CEO of Advanced Growing Systems, Inc. "We have established the fastest growing nursery in the Southeast in nine months of full operations, and have established an emerging brand of organic fertilizer. However, the new goal is to not only maintain our status as the fastest growing, but also to achieve the goal as the largest and best in both market segments in which we operate. Our regional expansion continues on track and we expect to launch our first commercial nursery outside our three locations in the metro Atlanta area by May of 2007."

Look for monthly revenue analysis and comparisons to be issued on or before the 15th of each month.

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. AGSI was founded by a skilled group of industry professionals each with over 20 years of direct experience in the "Green" industry. As profitability is paramount, we intend to maintain a combined GPM of 35-40% for Organic Growing Systems, Inc. and Advanced Nurseries, Inc. For more information, please visit www.AGSIncorporated.com.

In order to receive regular updates on AGWS, please click on the following link: http://www.agsincorporated.com/investor.shtml

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
    Email Contact



    Investor Relations:

    InvestSource Communications, Inc.
    7451 Warner Ave. #E Suite 342
    Huntington Beach, CA. 92647
    (949) 200-7669
    Fax: (949) 209-8699
    E-mail: Email Contact