Greengro Technologies' David Rudat Completes Upgrade of Greengro Technologies, Inc. Financials

WESTMINSTER, CA--(Marketwire - Oct 17, 2012) - Greengro Technologies, Inc. (PINKSHEETS: GRNH), an eco-friendly green provider of indoor and outdoor agricultural science systems and complementary technologies, is pleased to announce the completion of its upgrade of financial transparency and the continuation of its aggressive growth plans.

David Rudat, Chief Financial Officer, with a successful career of high integrity in the public sector as a city manager, joined the firm in 2010 to "clean up" the company's financial status, bring it current with all required filings and to diversify the company's product and service offerings to include cutting edge vertical growing systems, branded nutrient lines, and a host of distributorships to offer the widest assortment of hydroponic, organic and sustainable growing solutions. 

"We are committed to building out our service offerings, and acquiring complementary green solutions, that will round out our portfolio and give us the greatest opportunities for success. In addition, we strive to be the go-to source for education and community as the recent release of our all new website greengrotech.com," says Rudat.

"With the recent upgrade by OTCMarkets.com, to Pink Current, we are now able to begin the process of raising the capital we need to execute our business plan and to provide significant value for our investors and shareholders," said Mr. Rudat. 

About Greengro Technologies:
Greengro Technologies is a world class provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. Its customers include restaurants, community gardens, small and large scale commercial clients.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.