AMNE American Green Group Inc New (CE)

American Green Group, Inc. (PINKSHEETS: AMNE) is pleased to announce that it has reduced its liabilities by over $200,000 and cleared the way for a Judgment against the company to be satisfied without using any funds from the sale of its first county for $250,000 announced yesterday.

The Judgment was against AMNE from loans made to a previous company back in 2000 and 2001. Mr. Terry Mixon in January began actively trying to resolve the issue which was signed off on yesterday and documents will be filed with the states of Nevada and Connecticut within the coming weeks evidencing the Satisfaction of the Judgment.

In December of 2008, AMNE announced the beginning of a new direction by aggressively entering the $6 billion dollar a year foam industry and Mr. Mixon then President and now CEO has kept to his word. In the last 6 months, the Company has completed several acquisitions, reduced liabilities by over $200,000, and made good on its word to give a dividend in the form of a forward split.

AMNE has grown from a one man operation to offices in 3 states: Connecticut, Georgia, and Indiana. The Company is quickly moving from national sales to international sales and has increased the product line of Paradigm, the Company's marketing arm.

AMNE will begin to focus over the next 6 months on growing revenues of its current product lines, selling territories and licensing distributors for Ecosafe. A new web site is under construction now for AMNE and Paradigm, which the Company hopes to launch by mid June.

The Company believes all other remarks made in the release to be accurate to the best of their knowledge.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.