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US Farms, Inc. Announces Significant Addition With Plant Mail Order Offerings Through Internet Commerce, Wholesale and Retail Nursery Distribution

Company Forecasts Assorted Online Plant Material Mail Contribution of $2 Million in Revenue for Fiscal 2009; Initiative Complements US Farms, Inc.'s Established Brand Leadership in Aloe Vera, Coupled With Strong Marketing, Distribution and Sales Capabilities

  • Press Release
  • Source: US Farms, Inc.
  • On 8:30 am EST, Wednesday January 14, 2009

SAN DIEGO, CA--(MARKET WIRE)--Jan 14, 2009 -- US Farms, Inc. (OTC BB:USFM.OB - News), an expanding commercial farming and nursery company, today announced a major initiative to further enhance its diversified Farming and Nursery business with the planned introduction of Plant Mail order Internet Commerce.

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USFM.PK0.030.00
Chart for US FARMS INC
{"s" : "usfm.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}

US Farms, Inc. will be marketing and distributing its Plants and Plant Materials through Internet commerce and other well-established wholesale distributors and nursery providers throughout the U.S.

Yan K. Skwara, US Farms, Inc. CEO, stated: "On the heels of our recent greenhouse announcement, we have entered into discussions to form a joint venture partnership with an established Internet and mail order company who can further expand on and off-line plant sales channels in 2009. We are pleased to enter into this important market segment with a top quality e-commerce plant mail order product and we are confident that this expansion will make a meaningful impact to our bottom line. The skill set, background and knowledge that our current management team maintains in the plant mail order business makes our move into this potentially lucrative market segment a must at this stage of our business."

Mr. Skwara continued by mentioning, "Due to the fact that our logistics and infrastructure are all in place -- with the exception of a very small investment into some website development -- this represents an overnight turnkey opportunity in the e-commerce plant mail order business as we plan on taking advantage of attractive margins combined with little overhead. Rick Hogan our Horticulturalist, with over 20 years of experience in the plant mail order business, will lead the charge for us in this arena and allow for rapid growth and immediate market acceptance. We are now forecasting revenues with the e-commerce plant mail order segment contributing over $2 million for fiscal 2009. US Farms, Inc. has established the highest standards for unparalleled and consistent quality and we believe our reputation will support our successful entry and sales growth in this product category."

Moreover, Skwara pointed out that the plant mail order represents a "strong, complementary" product to the company's core Farming and Nursery businesses, both of which will continue to benefit from demographic and market growth trends.

About US Farms, Inc.

US Farms, Inc. is a diversified commercial Farming and Nursery company. The company currently grows, markets and distributes horticultural products through a number of its wholly owned subsidiaries. US Farms, Inc. is currently one of the largest domestic growers of Aloe Vera, growing well over 6 million pounds annually. The company plans to further its vertically integrating path by moving into the marketing and sales of Aloe Vera-based products. The company's products are sold through supermarkets, home centers, retail merchandisers, garden centers, mail order, direct sales, 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 businesses.

For more information on US Farms, Inc., please visit http://www.usfarmsinc.com. US Farms, Inc. is publicly traded on the over-the-counter market under the ticker symbol USFM.OB.

Safe Harbor

This press release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

Such statements are based on expectations, estimates and projections at the time the statements are made and involve a number of risks and uncertainties, including, but not limited to, our ability to market and sell plants online in the United States; acceptance by the market of an online plant store; continued popularity in the plant marketplace; the continued production of plant products; the Company's ability to develop an online plant store; the expansion and growth of farming and nursery products; ability to raise additional capital; the impact of competitive products; product demand; fluctuations in operating results and other risks detailed from time to time in US Farms, Inc.'s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. US Farms undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

     Contact:
US Farms, Inc.
Tel: 858-488-7775
Fax: 858-488-2828
 
Investor Relations
Jamie Dryer
Flagler Communications
561-837-8057
http://www.otcfn.com/usfm
 

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