SOURCE: Advanced Growing Systems

June 14, 2007 08:00 ET

Advanced Growing Systems, Inc. Achieves Record Revenue

May 2007 Company-Wide Revenues Exceed $1,500,000

ALPHARETTA, GA--(Marketwire - June 14, 2007) - Advanced Growing Systems, Inc. (PINKSHEETS: AGWS) announces May 2007 company-wide sales of $1,607,894. Sales for May 2006 were $709,496, representing a 2.26X year-over-year increase.

Advanced Nurseries, Inc. (ANI), a subsidiary of Advanced Growing Systems (AGWS), continues to increase gross revenue at each of its three locations. Specific determination of locations four, five and six are currently being made. Current plans call for a fourth nursery location coming online by the middle of Fall 2007.

Organic Growing Systems, Inc. (OGSI), a subsidiary of Advanced Growing Systems (AGWS), has initiated a series of steps to improve and increase production at the Monticello, MS factory. With a new factory foreman and an additional lead mechanic in place, key elements of the production process are being revamped. "The goal is to double production levels by August with the introduction of a new, single pass dryer and a replacement hammer mill. A second pellet mill is already on site to enable the future creation of a second production line while limiting down time if the original pellet mill needs maintenance," stated Dr. Martin Reiner, President of Organic Growing Systems, Inc.

All this is transpiring as the demand for organic fertilizer continues to increase. In a June 6th front page article, The New York Times noted that poultry litter is "most valuable" and "useful as a rich organic fertilizer at a time when demand is growing for all things organic." Disposal of the manure has become a significant problem in the poultry industry. Suggestions that using it as a fuel in energy production has brought criticism that the true value lies in its ability as a fertilizer to rejuvenate soils while burning it has given rise to pollution concerns over particulate matter in the air and water. The only by-product from converting poultry litter into fertilizer is the release of moisture.

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