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GrowLife, Inc. Reports Results For The Third Quarter Ended September 30, 2012

Stocks in this article: PHOT

The company has also engaged Emerging Growth Corp as its investor awareness partner to assist in measurably enhancing exposure for its stock among retail and institutional investors.

Fourth Quarter 2012 Guidance

For the fourth quarter of 2012, GrowLife Management provides the following forward-looking guidance consistent with its current visibility into operations and expenses.

Management projects that it will maintain a rapid growth of revenues consistent with the growth rate in the third quarter, even absent additional strategic acquisitions. GrowLife's fourth quarter results will include a full financial quarter incorporating Greners.com and is also expected to incorporate our integration of Urban Garden Supplies, a new division of GrowLife Hydroponics, Inc. As a consequence of management actions to control SG&A expense in the fourth quarter, combined with the increased number and productivity of our business units, GrowLife management projects that the combined companies will be cash flow positive during the fourth quarter of 2012.  

For details regarding our business, our detailed financial statement, significant accounting policies and notes to our detailed financial statement, we incorporate by reference and refer interested parties to our full quarterly report filed on this date with the SEC. 

About GrowLife, Inc.

GrowLife, Inc. (PHOT) (formerly Phototron Holding, Inc.) ( www.growlifeinc.com) Is a company with core holdings in innovative technology-based products and services for the indoor gardening industry and specialty markets. These brands include the SG line of automation equipment and hi-powered LED grow light products for indoor horticulture ( www.sgsensors.com and www.stealthgrow.com), Greners.com, the online hydroponics superstore ( www.greners.com) and Phototron, producer of hydroponic grow containers, which are designed to grow vegetables, herbs, flowers and fruits in any environment ( www.phototron.com).

For more information about our public holding company, please visit  www.growlifeinc.com.

Cautionary Language Concerning Forward-Looking Statements

Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in GrowLife's filings with the Securities and Exchange Commission. In addition, all industry products are subject to additional uncertainty, including the risks of delay, cancellation and poor critical or financial reception. GrowLife disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.

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