AgriTec Systems Announces USD $500,000 Private Placement

AgriTec Systems, Inc. ("AgriTec" or the "Corporation") (TSX VENTURE:AGR) intends
to offer for sale up to 2,500,000 common shares at a price of USD$0.20 per
common share by way of a non-brokered private placement for gross proceeds to
the Corporation of up to USD$500,000 (the "Offering"). Though the Offering is
not brokered, the Corporation reserves the right to pay to arm's length parties
who assist with the placement of securities in connection with the Offering a
finder's fee or cash commission equal to a maximum of 8% of the gross proceeds
raised pursuant to the Offering. Proceeds of the placement will be used for
general working capital for the Corporation. The required documentation is being
filed with the TSX Venture Exchange, and completion of the private placement is
pending regulatory approval. 


AgriTec is a Houston, Texas based corporation engaged in the pursuit of "clean
tech" business opportunities for the conversion of bio-mass (specifically rice
hull ash) into value added commodities, and has been issued a number of
world-wide patents in this regard. The Corporation's common shares are listed on
the TSX Venture Exchange under the trading symbol "AGR".