Pursuant to the Merger Agreement, Sterling Scott will become Phototron’s Executive Chairman of the Board and CEO. Craig Ellins will become the Vice Chairman of the Board.The Merger Agreement will be included as Exhibit 2.1 of the Current Report on Form 8-K which will be filed by Phototron later today (the “Form 8-K”) and the discussion of the Merger Agreement set forth herein is qualified in its entirety by reference to Exhibit 2.1 of the Form 8-K. In addition, on March 16, 2012, Phototron entered into a Securities Purchase and Exchange Agreement (the “Purchase Agreement”), pursuant to which, among other things, Phototron may sell up to an aggregate of $2,000,000 in principal amount of 6% Senior Secured Convertible Notes in exchange for a cash purchase price and/or the cancellation and exchange of any promissory note issued by Phototron, or evidencing debt assumed by Phototron. The Purchase Agreement will be included as Exhibit 10.1 of the Form 8-K and the discussion of the Purchase Agreement set forth herein is qualified in its entirety by reference to Exhibit 10.1 of the Form 8-K. About SG Technologies Corp (Stealth Grow LED) SG Technologies Corp is the leading North American manufacturer of hi-powered LED (light emitting diode) grow light products for indoor horticulture, sold under the brand name “ Stealth Grow LED.” Stealth Grow provides USA engineered, energy efficient and “green” technology for healthy and abundant indoor gardening. Stealth Grow LED products are available through more than 2,500 hydroponic retailers, and on-line resellers in the USA and Canada. Stealth Grow LED products will be available in European Community retailers in late Spring 2012. To purchase directly from Stealth Grow or locate the nearest retailer, visit www.stealthgrow.com or contact us by phone at 800-770-9788. About Phototron Holdings, Inc. Phototron Holdings, Inc. (OTCBB: PHOT) (OTCQB: PHOT) designs and manufactures cutting-edge indoor mini-greenhouses capable of year-round growth of herbs, vegetables, flowers, fruits and medicines better, stronger and faster than traditional farming methods. The Phototron Hydroponic Indoor Grow System, commonly called grow boxes, is built upon decades of research on the optimal temperature, light, water and nutrient needs of plants. The Phototron System uses proprietary lighting that mimics the sun's rays to grow nutrient-rich, pesticide-free, eco-friendly crops faster and in more bountiful quantities than those of traditional gardening methods, resulting in fruits and vegetables of superior taste and quality. Phototron systems and accessories are available for purchase from the company’s website at: www.phototron.com For comprehensive investor relations material please follow the appropriate link: Investor Presentation, Investor Portal and Investor Fact Sheet. Forward-Looking Statements Except for historical information contained herein, the statements in this release are forward looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward-looking statements in this release include statements regarding the closing of the Merger, the potential growth and advantages arising therefrom, and anticipated operating results. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as the parties’ ability to close the transaction, the parties’ ability to accomplish their respective business initiatives, Phototron’s ability to achieve and expand significant levels of revenues, or recognize net income, from the sale of its products and services, as well as the introduction of competing products, and other information that may be detailed from time to time in Phototron's filings with the United States Securities and Exchange Commission. Phototron undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.