SOURCE: AgriSolar Solutions, Inc.

April 26, 2011 08:30 ET

AgriSolar Solutions Receives $13 Million Order, Marking the Company's Largest Order to Date

DENVER, CO--(Marketwire - Apr 26, 2011) - AgriSolar Solutions, Inc. (OTCBB: AGSO), a manufacturer of patented, pesticide-free, solar powered insect elimination systems for use on farms, orchards and vineyards, today announced it has received a significant order from one of its largest distributors, China-based Sichuan Gifore Agricultural Machinery Chain Co., Ltd. ("Sichuan Gifore Agricultural"). Specifically, Sichuan Gifore Agricultural placed a US$13 million order for AgriSolar's solar powered insect control systems, representing the single largest order AgriSolar has received to date. The Company has already begun manufacturing efforts in order to provide near term deliveries.

"This is a very significant order for our Company, especially considering this single order is larger than our entire gross sales during 2010," commented Charles Liang, CEO of AgriSolar Solutions. He continued, "While this initial order is for $13 million, we believe the total will likely end up being considerably larger. We are clearly entering a period of increased customer interest, as the agricultural community begins to embrace our goal of eliminating the use of chemical insecticides in the agricultural industry." Mr. Liang concluded, "Our products mark an important step in this direction as, in addition to eliminating pesticides, they improve the economics of commercial agriculture while dramatically enhancing the quality of the food product. This is something of which we are especially proud."

Regarding alternative products, AgriSolar Solutions estimates that the cost to use the cheapest insecticide available in the marketplace is approximately US$9 per acre per month, and that the cost of herbal or organic insecticides is US$60 per acre per month. In comparison, the Company estimates the cost to use its solar insect killer is substantially lower, approximately US$1 per acre per year. As a result, in addition to being environmentally friendly, users can also enjoy significant cost advantages by using the Company's solutions instead of traditional insecticides.

About AgriSolar Solutions, Inc.
AgriSolar Solutions, Inc., a fully reporting company that trades on the U.S. OTCBB under the symbol AGSO, and is engaged in the development, production and sale of patented, pesticide-free, solar powered insect elimination systems for use on farms, orchards and vineyards. AgriSolar's goal is to dramatically enhance the quality of food products by providing alternatives to the use of chemicals in the global food chain while at the same time significantly improving the economics of commercial agriculture. To date, in excess of 65,000 of the Company's solar powered insect elimination systems have been installed throughout the world. AgriSolar's manufacturing facility, operated by its subsidiary, Shenzhen Fuwaysun Technology Company Limited, is located in Shenzhen, People's Republic of China. More information about AgriSolar can be found at

About Sichuan Gifore Agricultural Machinery Chain Co., Ltd.
Sichuan Gifore Agricultural Machinery Chain Co., Ltd. ("Sichuan Gifore Agricultural") was founded in 1994 and became fully operational in 1998. The company is mainly engaged in introducing and promoting domestic and international agricultural machinery products into the Chinese agricultural industry with a product line that includes cultivators, tractors, harvesters, rice trans-planters, diesel engine and farming vehicles, among others. Sichuan Gifore Agricultural is an AAA rated enterprise for the sale and marketing of agricultural machinery in China and is also the largest circulator of agricultural machinery and equipment in the nation.

As of 2010, Sichuan Gifore Agricultural had 127 direct sales stores and more than 1,000 rural distribution network partners, with network coverage that includes Sichuan, Chengdu, Chongqing, Yunnan, Guizhou, Shaanxi, Jiangsu, Anhui, Liaoning, Heilongjiang, Fujian, Zhejiang, Gansu, Jilin, Ningxia, Hunan, Guangdong, Guangxi and Jiangxi provinces (cities, districts). Sichuan Gifore Agricultural was China's first publicly listed company in the agricultural distribution industry. It trades on the Shenzhen Gem Board under the ticker number (300022:Shenzhen). Sichuan Gifore Agricultural is based in Chengdu, Peoples Republic of China.

Forward Looking Statement Notice: This press release includes "forward-looking statements" as defined by the U.S. Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company and may not materialize. Investors are cautioned that any such statements are not guarantees of future performance. The contents of this release should be considered in conjunction with the warnings, risk factors and cautionary statements contained in the Company's recent filings with the SEC, including its Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Furthermore, the Company does not intend, and is not obligated, to update publicly any forward-looking statements, except as required by law.

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