AUSTIN, TX, June 9 /PRNewswire-FirstCall/ - AGR Tools, Inc. (OTCBB-AGRT) through its wholly owned subsidiary, AGR Stone & Tools USA, Inc. ("AGR USA"), is pleased to announce that since the beginning of July 2009, AGR USA has expanded its distribution network to service 31 markets across the US and Canada. "We now have distribution centers geographically covering approximately 25% of the United States. US diamond tool market is extensive and we are now aggressively developing our dealership network focusing on the large key markets of Southern California, New York, and Florida. We expect to have dealers selected for those areas later this year," stated Rock Rutherford, President and CEO of AGR and AGR USA. The North American diamond tool market is estimated to be over $4 billion annually and AGR USA is positioning itself to be a leader in this market. "Our mission has always been to provide the highest quality diamond tools directly to the professionals at a very competitive price," added Rutherford.
About AGR Tools, Inc. ---------------------
AGR Tools, Inc. is a public company with its common stock quoted on the OTC Bulletin Board under the symbol AGRT and the Berlin and Stuttgart Stock Exchanges under the symbol LVSA.
About AGR Stone & Tools USA, Inc. ---------------------------------
AGR Stone & Tools USA, Inc. is a contract manufacturer and distributor of tools and accessories to the construction, building maintenance and demolition industries in the United States and Canada. It supplies more than 700 products through its stocking dealership network and web-site. The products include diamond based tools and adhesives and it specializes in producing consumable tools for the natural stone, engineered stone, concrete and masonry industries. Its goal is to provide its clients with superior quality products, excellent customer service and the most competitive prices in the diamond tool industry. The company has conducted extensive research and testing of its products, and uses the latest technologies to assure it is at the forefront of the diamond tool industry.
More information on AGR Stone & Tools USA, Inc. can be found at: www.agrtools.com
Forward-Looking Statements: ---------------------------
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See AGR Tools, Inc.'s filings with the United States Securities and Exchange Commission which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
SOURCE AGR Tools Inc.