SOURCE: GreenGro Technologies

GreenGro Technologies

March 05, 2012 08:00 ET

GreenGro Technologies Introduces New Products That Target Broader Markets and Increase Company's Revenue Potential

WESTMINSTER, CA--(Marketwire - Mar 5, 2012) - GreenGro Technologies, Inc. (PINKSHEETS: GRNH) today announced several new products that extend the company's offerings to broader global customer base and increase the company's revenue potential.

The company's new products include a consumer priced entry model of GreenGro's patented vertical cultivation wall commercial and home units, an energy efficient light dispersion hood, a vertical light accessory, a table stand kit, a trimmer, and GreenGro's own brand of eco-friendly organic growing soil.

According to GreenGro CEO Don Smith, "There are more than 500 hydroponic retailers in California alone that generate more than $250 million in sales. On a nationwide basis this is a billion dollar business growing at roughly 40%. Globally, it's off the charts and we want to offer a full suite of products that appeal these customers."

"My charge as CEO is to grow revenues and to do that we need to keep innovating products that resellers, end users, and large system integrators want to buy," said Smith.

GreenGro Technologies entered the market in 2011 with the acquisition of a patented design, manufactures and sells eco-friendly energy and space efficient vertical cultivation system for agricultural use. Smith noted, "Our goal is to help agriculture producers worldwide by delivering eco-friendly, energy and space efficient products that meet their needs."

About GreenGro: GreenGro Technologies is an environmentally friendly agricultural technology company dedicated to sustainable, compact growing systems for both the small home grower and commercial farmer alike.

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.

Contact Information

  • Contact:

    Don Smith
    (714)248-9669 fax
    7556 Garden Grove Blvd
    Westminster, CA 92683
    Email Contact