SOURCE: Advanced Growing Systems, Inc.

February 07, 2007 09:11 ET

Advanced Nurseries, Inc. Announces New "Mega-Site" and Upcoming Conference Call

Third Nursery Location Is Projected to Generate Over $4 Million of Additional Revenue to AGWS in 2007

ALPHARETTA, GA -- (MARKET WIRE) -- February 7, 2007 -- Advanced Nurseries, Inc. (a subsidiary of Advanced Growing Systems, Inc.) (PINKSHEETS: AGWS) formally broke ground Saturday, February 3rd on its third Atlanta area mega-site. The facility's geographic range of shipments complements the two existing Company facilities to achieve total market penetration in the Atlanta metropolitan area. "We will be able to handle all the established and growing metro areas effectively between our three locations," stated Jon Hammond, Chief Executive Officer of Advanced Nurseries, Inc. "This location is ideal to service the downtown market and several of the fast growing markets in the Northwest corridor of Atlanta."

The "South Cobb" location, which is expected to be fully operational by March 1st, is projected to generate an additional $4-4.5 million in gross revenue for Advanced Growing Systems, Inc. in 2007, while further allowing the Company to spread specific G&A expenses over three facilities thereby increasing the Company's overall net margins. "South Cobb is key to establishing a strong foundation of success and maintaining our rapid growth rate planned throughout '07," stated Chris Nichols, President and CEO of Advanced Growing Systems, Inc., the publicly traded parent company of Advanced Nurseries. "We achieved over $5.6 million in gross sales after only nine months of operations and believe that we will achieve gross sales of over $20 million in 2007. It is important to have all three locations fully functional and manned with the top industry professionals prior to our Spring selling season. Our continued expansion will move us geographically beyond Atlanta throughout 2007 and 2008."

As part of its resolution to provide its current and potential shareholders with the most current and reliable information about the company, AGS also announced that it has plans to conduct a conference call for all interested parties to be able to converse directly with management. AGS is dedicated to forging and maintaining a connection with its shareholders, and some of the subjects proposed for the upcoming call include the latest numbers, current operations, future growth plans, and progress to date. The company intends to provide the specific date, time and other details in a forthcoming release by next week.

Advanced Nurseries, Inc. stocks a full range of plant inventory including B&B Trees of all varieties (hardwoods, ornamentals and evergreens), container trees, container shrubs of all sizes, grasses, ground covers and seasonal annuals. The nurseries also carry associated landscape supplies and tools of the trade. For more information, visit:

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

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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
    E-mail: Email Contact

    Investor Relations:

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