SOURCE: Advanced Growing Systems

July 16, 2007 08:00 ET

Advanced Growing Systems, Inc. Announces Record Quarterly Revenue

Third Quarter 2007 Revenues Exceed $3,800,000.00

ALPHARETTA, GA--(Marketwire - July 16, 2007) - Advanced Growing Systems, Inc. (PINKSHEETS: AGWS) announces third quarter 2007 revenues of $3,884,691. Sales for the same period last year were $1,678,314, a 131% increase year-over-year. Second quarter 2007 sales were $2,119,183, an 83% increase quarter-over-quarter.

Chris Nichols, Chief Executive Officer of Advanced Growing Systems, Inc. (AGWS), commented, "Advanced Nurseries, Inc. (ANI), a subsidiary of AGWS, continues to expand gross revenue in addition to its broad customer base at each of its three locations. Plans for location number four are on track and center around the acquisition of the right staff. We continue to lay the foundation for sustainable growth by building the right sites around the right people. We have no plans of deviating from this strategy."

Organic Growing Systems, Inc. (OGSI), a subsidiary of Advanced Growing Systems (AGWS), has recently positioned Leslie Johnson (former proprietor of Agreaux Organics, Inc.) as head of manufacturing at the Company's Mississippi facility. "Mr. Johnson stayed with our firm as a hands-on consultant and has jumped in head first to lead our manufacturing efforts with the goals of driving production, minimizing costs and controlling/motivating the line personnel," stated Chris Nichols. "Mr. Johnson is in my opinion the organic fertilizer guru. He understands the imminent need for functional products that do more than feed the plant; they also have to feed the soil for realistic sustainable farming. Given the recent surge in demand for corn and soy in the production of alternative and renewable fuels, it is more important than ever to enrich the soil and maximize yield."

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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.

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