SOURCE: AeroGrow International, Inc.

June 12, 2007 14:25 ET

AeroGrow Approved for Listing on NASDAQ Capital Market

Will Begin Trading Wednesday, June 13, With New Ticker Symbol "AERO"

BOULDER, CO--(Marketwire - June 12, 2007) - AeroGrow International, Inc. (OTCBB: AGWI) ("AeroGrow" or the "Company"), makers of the AeroGarden™ kitchen garden appliance, announced today that its common stock has been approved for listing on the NASDAQ Capital Market. AeroGrow will commence trading on the NASDAQ Capital Market under the new ticker symbol AERO, effective at market opening on June 13, 2007.

"AeroGrow's acceptance by the NASDAQ Capital Market is another significant milestone in our maturation as a public company," stated Michael Bissonnette, AeroGrow Founder and CEO. "The NASDAQ listing increases AeroGrow's visibility and accessibility to the investing public, research analysts, retail brokers and institutional investors, which we believe may lead to increased individual and institutional ownership of our common stock."

"We think our listing on the NASDAQ Capital Market will bring AeroGrow to the attention of investors who aren't aware of what we have achieved in the last year since the launch of our first product," continued Mr. Bissonnette. "For these new investors, we offer the following recap of AeroGrow's key milestones and accomplishments to date."

    Date                             Milestones

July 2002               AeroGrow is founded and begins 3+ years in research
                        and development to create world's first kitchen
                        garden appliance that allows consumers to simply
                        and easily grow and enjoy fresh herbs, lettuce,
                        tomatoes, and more, year-round. Multiple patents
                        pending. Development encompasses proprietary plant
                        lighting, nutrients, root oxygenation, seed
                        germination, pH buffering and more. $8.8 million in
                        equity capital raised through December 2005 to fund

February 2006           AeroGrow raises $10+ million in equity capital to
                        fund product launch; becomes a publicly reporting

March 2006              AeroGrow launches products nationally through
                        retail, beginning in the Culinary channel with
                        Sur La Table and followed by catalog distribution
                        through Frontgate and SkyMall.

July 2006               AeroGrow launches into the home shopping sales
                        channel with a first appearance on QVC; sells out
                        in 7 minutes.

September 2006          AeroGrow launches infomercial campaign; begins
                        airing infomercial on HGTV, Food Network, The
                        Learning Channel, and other local and national
                        TV channels.

November/December 2006  The AeroGarden is featured on "The Today Show" and
                        multiple other talk shows as special holiday gift
                        item, building on previous favorable publicity on
                        "The View," "Good Morning America," "Reader's
                        Digest" and "TIME Magazine."

January 2007            AeroGrow begins publicly trading on the
                        Over-the-Counter Bulletin Board under the ticker
                        symbol AGWI.

January 2007            Expanded distribution into high-end catalog channel
                        with sales through Brookstone, Hammacher Schlemmer,
                        Herrington, Plow & Hearth and other catalogers and
                        web retailers. Named #1 "Most Wished-For" product
                        in's Home & Garden category.

February 2007           AeroGrow increases production capacity to over
                        120,000 AeroGardens a month and over 5,000 seed
                        kits a day.

February 2007           After reporting revenues for three initial
                        operating quarters of $35,000, $821,000 and $1.03
                        million, respectively, AeroGrow announces $4.9
                        million in quarterly revenue for the quarter ended
                        Dec 31, 2006.

February 2007           AeroGrow announces 100,000 AeroGardens sold in its
                        first 11 months of sales; also passes 270,000 seed
                        kits sold in the same period.

March 2007              AeroGrow expands distribution into leading culinary
                        retailer Williams-Sonoma, begins sales into Lawn
                        and Garden channel and expands distribution into
                        Hydroponic retail channel.

May 2007                AeroGrow launches chain-wide in all 571 Linens 'N
                        Things stores, growing total storefronts to more
                        than 1,350.

May 2007                AeroGrow provides quarterly revenue guidance of
                        $6.0 - $6.5 million, a 25% increase over the
                        previous quarter's revenue ($4.9 million).

June 2007               AeroGrow announces expansion into Japanese market;
                        contract signed with Japan's leading DRTV company.

June 2007               AeroGrow achieves listing upgrade to NASDAQ Capital
                        Market; ticker symbol changes to AERO.
About AeroGrow International, Inc.

Founded in 2002 in Boulder, Colorado, AeroGrow International, Inc. is dedicated to the research, development and marketing of the AeroGarden™, the world's first kitchen garden appliance. The AeroGarden features NASA-proven, dirt-free aeroponic technology, allowing anyone to grow farmer's market fresh herbs, salad greens, tomatoes, chili peppers, strawberries and more, indoors, year-round, so simply and easily that no green thumb is required. See


"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements by the Company, statements regarding growth of the AeroGarden product line, optimism related to the business, expanding sales and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many factors including continued market acceptance of the Company's products or the need to raise additional capital. In addition, actual results could vary materially based on changes or slower growth in the kitchen garden appliance market; the potential inability to realize expected benefits and synergies; domestic and international business and economic conditions; changes in customer demand or ordering patterns; changes in the competitive environment including pricing pressures or technological changes; technological advances; shortages of manufacturing capacity; future production variables impacting excess inventory and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

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