SOURCE: US Farms, Inc.

January 22, 2007 06:00 ET

US Farms, Inc. Announces Cold Snaps Not Affecting 2007 Revenue Projections

SAN DIEGO, CA -- (MARKET WIRE) -- January 22, 2007 -- US Farms, Inc. (OTCBB: USFI) announced today that the cold snaps of last week will not effect the 2007 revenue projections that the company released earlier this month. Our farming operations in the Imperial Valley did receive minor damage to our Aloe Vera production from the 100 year record lows that were recently experienced. The company's Nursery operations in North Country San Diego were not harmed in any way.

US Farms, Inc. President Yan K. Skwara stated, "With the recent cold weather we have experienced, we are very fortunate to have as minor damage as we do. Many farmers in the same area as we farm, have lost thier entire crops. We only had a small amount of damage on our Aloe Vera fields and no damage to our Asparagus crop. It is very unfortunate to have this happen to the Ag industry as a whole. Many family farms have been completely wiped out and wish every farming group affected by these past cold weather conditions a speedy financial recovery."

About US Farms, Inc.

US Farms, Inc. is a diversified agriculture company. The company has commenced the production and distribution of horticultural products through a number of subsidiaries. The horticultural products are sold through supermarkets, home centers, retail merchandisers, garden centers, re-wholesalers, and landscapers throughout the United States and Canada. Through internal growth and strategic acquisitions the company is expanding its market share in its nursery and specialty produce businesses. Currently the company has subsidiaries which provide a full range of products including Aloe Vera, Cactus, Succulents, Jade, Rare and Exotic Palm Trees and Cycads along with produce products that include Aloe Vera, Asparagus, Tomatoes and Wheat grass. In 2007 the company plans to add over 100 specialty niche produce items to it offerings.

For more information on US Farms, Inc., please visit US Farms, Inc. is publicly traded on the over-the-counter market under the ticker symbol USFI.

Safe Harbor Forward-Looking Statements

Statements contained in this release that are not strictly historical are "forward-looking" statements. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    US Farms, Inc.
    Yan Skwara
    Tel: 858-488-7775
    Fax: 858-488-2828

    Investor Relations
    Stock Services LLC.
    Alan Klitenic