FirstGrowth Exploration & Development Services Corp.
OTC Bulletin Board : FGCDF

FirstGrowth Exploration & Development Services Corp.

September 13, 2007 08:00 ET

FirstGrowth Announces Addition of Vice President of Business Development to Kinetex Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 13, 2007) - FirstGrowth Exploration & Development Services Corp. (formerly FirstGrowth Capital Inc.) (TSX VENTURE:FGC)(OTCBB:FGCDF)(FRANKFURT:G8Q) is pleased to announce the addition of Mr. Richard ("Rick") Ward to Kinetex Inc. as Vice President of Business Development.

"We are very pleased to welcome Rick Ward aboard," stated Gil Schneider, President and CEO of FirstGrowth EDS. "With demand and awareness for Kinetex's seismic imaging continuously increasing, Rick's diverse global and technical experience make him an invaluable addition to the company's business management team as we expand internationally. We look forward to Rick's contribution to the continued growth of our business services and development model."

Rick brings a wealth of more than 30 years experience in the fields of geophysical contracting, geophysical software and senior business management with major oil companies where he has helped to open new technical and geographic markets. Rick has worked in senior management positions for some of the largest geophysical services companies in the world, including Western Geophysical, a division of Schlumberger, the world's leading supplier of technology and information solutions to the oil and gas industry with sales of over $19 billion in 2006; Veritas Geophysical (now CGGVeritas); and BGP International, a division of China National Petroleum Corp. (BGP International is the largest land and shallow water seismic acquisition company in the world, with over 100 crews in the field).

Rick resides with his wife in Houston, Texas, where he will be representing Kinetex Inc. in the United States and internationally.

Rick holds a degree in Geology from Trinity University and has professional experience in Canada, USA, Mexico, Africa, South America, South East Asia, China and the Middle East.

About FirstGrowth EDS

FirstGrowth EDS is an oil, gas and mineral exploration services company focused on the organic growth of its subsidiary, Kinetex Inc. In addition, FirstGrowth EDS' goal is to make acquisitions in the resource services sector accretive to Kinetex's current seismic imaging services.

Kinetex has been a developer of advanced exploration techniques for over six years as a Calgary-based integrator of applied sciences to the resource industry, including oil & gas exploration and development, and precious and base mineral exploration and evaluation. One of Kinetex's primary services is targeted implementation and optimization of seismic imaging using the proprietary VectorSeis Recording System and Digital 3 Component Full Wave Imaging.

Kinetex continues to be focused on offering value added services which accelerate the advancement of both grass roots exploration and development.

Gilbert Schneider, President


The company seeks safe harbour.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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