Greengro Technologies Adds VertaMax to Its Line of Cutting Edge Indoor Grow Systems

BUENA PARK, CA--(Marketwire - Nov 6, 2012) -  Greengro Technologies, Inc. (PINKSHEETS: GRNH)

Greengro is an agricultural science and technology provider of green indoor and outdoor systems and solutions. We are pleased to announce the addition of a new patented vertical growing system to the Company's product line. The new VertaMax system will be targeted towards the general consumer markets with a focus on niche restaurants farms, and community gardens.

"VertaMax™ is a scalable vertical automatic watering system that can accommodate up to 40 plants in one hanging self-contained unit. The VertaMax™ product has undergone years of research and development and is finally ready for large-scale manufacturing and distribution," says Tom Nuttman, inventor and manufacturer of VertaMax™. A full patent was granted in 2012 for its unique hanging, watering and rotatable design.

"We are excited to bring the VertaMax series into the Greengro portfolio of products," says David Rudat, CFO. "We believe that VertaMax™ provides a much better configuration compared to existing stacking systems. This is an important first step in growing our product line both organically from expansion and through acquisition. We are confident we can accumulate enough diversity and synergy among our product line that we achieve our financial goals. Greengro Technologies is in an excellent position of controlling its own destiny now that our initial products have launched through our Amazon store and we expect both cash flow and revenues to be realized by 2013."

Greengro Technologies will begin sales of VertaMax™ through its website, http://www.greengrotech.com, and through numerous retail channels, beginning November 23, 2012.

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.