SOURCE: American Green Group, Inc.

March 17, 2010 08:00 ET

AMNE Close to Finishing International Transactions for Infinite R

NEW HAVEN, CT--(Marketwire - March 17, 2010) -  American Green Group, Inc. (PINKSHEETS: AMNE) ( announced today that it is close to having an agreement with a new overseas distributor who is working with the ministry of a foreign country to supply it with Infinite R.

The new overseas distributor for Infinite R has been working closely with the ministry of this country since July 2009 to put this transaction together, with the management and technical support of American Green Group. The ministry has been doing their own independent study of Infinite R across variant temperatures in various applications, and is close to signing a formal agreement with the distributor for the use of Infinite R. 

American Green Group will place a new splash page on its Paradigm Polymers' website informing people to check for a new website dealing solely with Infinite R. American Green Group has made Infinite R its future and is focusing 100% of its energy to see that the product gets to market.

The Company believes all other remarks made in the release to be accurate to the best of their knowledge.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.