SOURCE: American Green Group, Inc.

September 29, 2009 08:46 ET

AMNE Does Retrofit for the Media and Becomes a Shareholder

NEW HAVEN, CT--(Marketwire - September 29, 2009) - American Green Group, Inc. (PINKSHEETS: AMNE) ( completed a retro fit on Friday in New Haven, CT which was invitation only for installers and media professionals.

Paradigm Polymers completed the install of its Ecosafe Premium Foam retrofit product in North Haven, CT on Friday, September 25, for a 1950s, 2000 sq ft, ranch style, that was injected with our insulation product which is extremely versatile. Ecosafe Premium Foam, with its superior advantages, represents the product of tomorrow -- available TODAY. This install will provide an additional R15.3 of insulation value to the building envelope. The full fill cavity of foam will give a "no draft" air barrier, with an extraordinary sound barrier. The block foundation will also receive its first insulation, to comfort the basement space and reduce energy costs. The install will be used as a model to show other homeowners in the area the savings they can expect from using Ecosafe Premium Foam.

NE Sales Director Bruce Benson has arranged the install with NE installers, Milan Petracek of Fairfield, Ct. The install was videotaped by Bob Shepard of B&B Video Productions of Guilford, Ct.

AMNE invited installers and local news media outlets to view the install and watch the ease of which the product is installed without damaging the exterior or interior of the home. The video footage will provide the commercial quality needed as AMNE moves forward with national advertising programs. Additionally, the footage will be available to future customers on the internet.

AMNE has become a shareholder in the Public company Ecosafe Insulation of Fl, LLC ("ECOFL") has merged into and a joint press release is expected shortly.

On Thursday AMNE will release sales figures for the third quarter.

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.