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Phototron Holdings, Inc. Appoints Respected Business and Legal Expert Alan Liker to Its Advisory Board

^{Published on 2011-08-10 13:16:15 - Market Wire}
 

WOODLAND HILLS, Calif.--([ BUSINESS WIRE ])--Phototron Holdings, Inc. (OTCBB: PHOT) (OTCQB: PHOT), the designer, manufacturer and seller of the innovative PHOTOTRON Hydroponic Indoor Grow System, today announced it has enhanced its Advisory Board with the appointment of respected business and legal expert Alan D. Liker. Alan Liker is a successful business and legal authority, former law professor at Harvard Law School, founding Director of First Charter Bank and past Member of the Board of Directors of Herbalife International.

"Alan's decision to join Phototron is a landmark decision for our company and shareholders"

"Alan's decision to join Phototron is a landmark decision for our company and shareholders," said Craig Ellins, Phototrona™s Chairman. "With a long and distinguished background Mr. Liker brings considerable expertise to Phototron. His professional experiences in the legal arena and with large direct selling companies such Shaklee and Herbalife are critical components in Phototron's ongoing emergence as a leader in hydroponic gardening industry. I look forward to working with Alan and drawing upon his diverse skills as we continue to build Phototron as a high-growth content supplier for the worldwide gardening and medicinal markets."

In addition to having served on the Board of Directors of Shaklee and Herbalife International and its Audit and Finance Committees, he was also appointed to the Board of Directors of several foreign subsidiaries of Herbalife in Japan, Hong Kong, the Philippines, Korea and France. Mr. Liker also served as Senior Tax Partner at Keatinge and Sterling, a Los Angeles based law firm, a founding partner of Nelson, Liker and Merrifield and subsequently Manatt, Phelps and Phillips and thereafter Jeffer, Mangels, Butler and Mitchell.

Mr. Liker is also a senior advisor to the Founding Family of Budget Rent-A-Car Worldwide, brings a wealth of corporate, legal and tax expertise to Phototron's Advisory Board. A graduate of New York University's Law School, Mr. Liker served as Principal of Xerox Development Corporation (XDC), a captive investment banking house and wholly owned subsidiary of Xerox, for four years. At XDC, he was instrumental in the landmark X-Ten Rulemaking, as well as acquisitions of companies such as Shugart and more than 20 venture investments including Apple Computer and Paradyne.

"As Phototron is a dynamic emerging growth company in the expanding hydroponic gardening market, I am thrilled to be a member of its team," commented Alan Liker. "Phototrona™s high margin direct selling business model gives Phototron a unique opportunity to build a significant lead in the indoor home gardening industry. As we continue to increase Phototrona™s sales through our MLM marketing initiatives, the management teama™s collective expertise working with young public companies over the years will prove invaluable. I look forward to combining my experience to the mix as we strive toward substantial growth at Phototron."

Phototron is implementing various corporate growth initiatives in 2011 and is committed to further establishing itself as a global leader in the sale of indoor mini-greenhouses and supplementary accessories. In addition to Phototrona™s proprietary lighting that mimics the sun's rays to grow nutrient-rich, pesticide-free, eco-friendly crops faster than those of traditional gardening methods, the company has also developed its patent-pending ECO-Brain, which represents the next generation of advanced home hydroponic systems. Phototron will continue to develop its proprietary technology and nutrients while expanding its global reach through a series of organic growth opportunities and marketing advancements.

About Phototron Holdings, Inc.

Phototron Holdings, Inc. (OTCQB: PHOT) designs and manufactures cutting-edge indoor mini-greenhouses capable of growing herbs, vegetables, flowers, fruits and terrestrial plants stronger and faster than traditional farming methods. The PHOTOTRON Hydroponic Indoor Grow System is the result of decades of research into the precise temperature, light, water and nutrient needs of plants, and allows for indoor gardening 12 months of the year. The PHOTOTRON System uses proprietary lighting that mimics the sun's rays to grow nutrient-rich, pesticide-free, eco-friendly high-yielding crops faster 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 Companya™s MLM network marketing affiliates. Phototron supports the sale and use of its products to the home medical marijuana market where compliant with applicable laws. Phototron also supplies a full range of parts, accessories, advanced nutrients and innovative gardening tools and supplies to more than 50,000 customers. For more information, please visit: [ www.phototron.com ] and click on Phototron Holdings, Inc.

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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 news release include statements regarding the payment of dividends, marketing and distribution plans, development activities and anticipated operating results. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as the Company's ability to accomplish its business initiatives, significant fluctuations in marketing expenses and 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, or management's ability to attract and maintain qualified personnel necessary for the development and commercialization of its planned products, and other information that may be detailed from time to time in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.