SOURCE: American Scientific Resources

November 28, 2006 09:31 ET

Greenwood Group Joins American Scientific Resources in Branding Effort

NEW PALTZ, NY -- (MARKET WIRE) -- November 28, 2006 -- American Scientific Resources (PINKSHEETS: ASFX) today announces that it is working with Greenwood Group to increase the company's market presence. Greenwood Group will guide the company's retail branding strategy in an effort to increase the number of retail outlets where consumers can purchase American Scientific Resources products.

"We believe our products are valuable to consumers, offering unique health and safety solutions," stated Walter Lambert, CEO of American Scientific Resources. He continues, "I am excited that a proven winner like the Greenwood Group is now a part of our team. Their experience in penetrating markets and increasing sales is impressive, and we expect significant results in our sales and marketing efforts."

With over 200 years of Fortune-100-trained experience, Greenwood Group assists new and established businesses and improves their performance through increasing sales and reducing costs. Greenwood Group's efforts with American Scientific Resources will focus on improving the company's market presence.

About American Scientific Resources

American Scientific Resources, Inc. is an emerging holding company based in upstate New York that provides a broad range of healthcare and medical products. The company is comprised of two core operating subsidiaries: 1.) Heart Smart System, Inc., the company's flagship product focused on successful prevention of cardiovascular disease using patented CoQ10 supplement and 2.) Kidz-Med, Inc., a leading brand of safe and innovative pediatric products. American Scientific Resources' growing, national customer base includes Walgreens and CVS.

Investors are invited to visit American Scientific Resources' Investor relations headquarters at http://www.StockBroadcasting.com/featured/ASFX/ for more information.

About Greenwood Group

Greenwood Group is a professional business services company, providing performance-based solutions in field sales management, consumer marketing, consulting, strategic planning and strategic sourcing. We interact with national and regional customers via live meetings throughout the year and at a variety of industry-leading trade events. We manage all US & Canadian Food, Drug, Mass customers and other selected classes of trade via a network of brokers and participate in setting the strategy and tactics for each account. We closely manage the spending and profitability of each of the client areas of operation where we are selected to assist.

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