Published: August 02, 2007
AeroGrow International, Inc. Retains Genesis Select as Institutional Investor Relations Firm
AeroGrow International, Inc. (NASDAQ: AERO)
("AeroGrow" or the "Company"), makers of the AeroGarden® kitchen garden
appliance, has retained Genesis Select Corporation (www.genesisselect.com)
to initiate a comprehensive institutional investor relations program.
Genesis Select will assist AeroGrow in building long-term relationships
with portfolio managers, buy- and sell-side analysts and the investment
community at large.
"Genesis Select has demonstrated the ability to generate significant
investor interest in micro-cap companies as measured by both increased
institutional ownership and research coverage for their clients," said
Michael Bissonnette, Founder, Chairman & CEO of AeroGrow. "When you combine
that expertise with AeroGrow's proprietary technologies, expanding product
line and significant reorder revenue potential, I think we have a
compelling story to tell."
"AeroGrow is one of the most exciting new consumer product companies
catering to the health, wellness, and lifestyles categories to come along
in years," said Budd Zuckerman, President of Genesis Select. "The Company's
proprietary, patent-pending garden systems allow the consumer to enjoy
fresh herbs, vegetables, and flowers year-round, growing in an attractive,
easy-to-use garden using dirt-free, NASA-proven, aeroponic technology. The
Company is dramatically expanding their distribution channels to include
retailers like Williams Sonoma and Linens 'n Things; catalogers like
SkyMall and Frontgate; televised shopping channels like QVC; and direct
response channels, including web and infomercial. They've had an amazing
amount of press as well, in print, television and web. Genesis Select has
had great success uncovering early stage growth companies in the consumer
arena, and we believe that AeroGrow has all the qualities to be the next
'must have' consumer product."
About AeroGrow International, Inc.
Founded in 2002 in Boulder, Colorado, AeroGrow International, Inc. is
dedicated to the research, development and marketing of the AeroGarden®,
the world's first kitchen garden appliance. The AeroGarden features
NASA-proven, dirt-free aeroponic technology, allowing anyone to grow
farmer's market fresh herbs, salad greens, tomatoes, chili peppers,
strawberries and more, indoors, year-round, so simply and easily that no
green thumb is required. See www.aerogrow.com.
About Genesis Select Corporation
Genesis Select Corporation (www.genesisselect.com) is an independent
investment advisory and financial communications firm that specializes in
micro through mid-capital public companies. The firm's senior professionals
integrate knowledge and expertise gained over 50 years at prominent Wall
Street firms. Genesis Select works closely with clients to maximize
shareholder value through strategic institutional investor relations and
financial communications programs.
FORWARD-LOOKING STATEMENTS
"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements by Michael Bissonnette and/or the Company, statements
regarding growth of the AeroGarden product line, optimism related to the
business, expanding sales and other statements in this press release are
forward-looking statements within the meaning of the Securities Litigation
Reform Act of 1995. Such statements are based on current expectations,
estimates and projections about the Company's business. Words such as
expects, anticipates, intends, plans, believes, sees, estimates and
variations of such words and similar expressions are intended to identify
such forward-looking statements. These statements are not guarantees of
future performance and involve certain risks and uncertainties that are
difficult to predict. Actual results could vary materially from the
description contained herein due to many factors including continued market
acceptance of the Company's products or the need to raise additional
capital. In addition, actual results could vary materially based on changes
or slower growth in the kitchen garden appliance market; the potential
inability to realize expected benefits and synergies; domestic and
international business and economic conditions; changes in customer demand
or ordering patterns; changes in the competitive environment including
pricing pressures or technological changes; technological advances;
shortages of manufacturing capacity; future production variables impacting
excess inventory and other risk factors listed from time to time in the
Company's Securities and Exchange Commission (SEC) filings under "risk
factors" and elsewhere. The forward-looking statements contained in this
press release speak only as of the date on which they are made, and the
Company does not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date of this press
release.
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