AgriTec Systems Inc.

AgriTec Systems Inc.

February 15, 2011 18:52 ET

AgriTec Systems Announces Closing of $120,000 Private Placement

HOUSTON, TEXAS--(Marketwire - Feb. 15, 2011) - AgriTec Systems, Inc. ("AgriTec" or the "Corporation") (TSX VENTURE:AGR) is pleased to announce that it has closed a non-brokered private placement (the "Offering") on February 15, 2011.

Pursuant to the Offering, the Corporation raised an aggregate of $120,000 through the sale of 600,000 Common Shares. A total of 50,000 shares were purchase by an insider of the Corporation. The hold period on all shares issued pursuant to the Offering will expire on June 16, 2011.

AgriTec is a Houston, Texas based corporation engaged in the pursuit of "clean tech" business opportunities for the conversion of bio-mass (specifically rice hull ash) into value added commodities, and has been issued a number of world-wide patents in this regard. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "AGR".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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