Alterrus Systems Inc.

Alterrus Systems Inc.

March 28, 2013 16:00 ET

Alterrus CEO Christopher NG Announces Resignation of CFO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 28, 2013) - Alterrus Systems Inc. (CNSX:ASI)(OTCQB:ASIUF) -

Christopher Ng, Chief Executive Officer of Alterrus Systems Inc., announced today the resignation of Alterrus Chief Financial Officer, David Andru effective March 20th, 2013. In the interim, Stephen Fane will hold the role of acting CFO.

"We wish David well in his new endeavors," said Mr. Ng. "We appreciate the efforts Mr. Andru made at Alterrus during his short time with us."

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About Alterrus Systems Inc. Alterrus is a publicly traded company (CNSX:ASI)(OTCQB:ASIUF) headquartered in Vancouver, Canada. It is a world leader in the development, manufacturing, operation and integration of commercial VertiCrop™ technology for global markets. Alterrus has created a sustainable vertical growing system that grows fresh, nutritious, leafy green vegetables in urban environments where they are to be consumed. Using a fraction of the resources needed for traditional field agriculture, Alterrus generates substantially higher yields than conventional farming and was selected by TIME MAGAZINE as one of the world's greatest inventions.

Safe Harbor for Forward Looking Statements: This press release may be construed to contain forward-looking information, in that it describes events and conditions which Alterrus Systems Inc. reasonably expects to occur in the future, and statements including opinions, assumptions and estimates. The risks and uncertainties that could affect future events or the Company's future financial performance are more fully described in the Company's quarterly reports (on Form 6-K filed in the US and the financial statements and Form 51-102F1 filed in Canada), the Company's annual reports (on Form 20-F filed in the US and the financial statements and Form 51-102F1 filed in Canada) and the other recent filings in the US and Canada. These filings are available at in the US and in Canada. For all such forward-looking statements, we claim the safe harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company disclaims any obligation to update any forward-looking statements.

The CNSX has neither approved nor disapproved the contents of this press release. The CNSX does not accept responsibility for the adequacy or accuracy of this release.

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