GrowLife, Inc. Announces Strategic Asset Acquisition Including Innovative Proprietary Technologies for the Indoor Cultivation Industry

David Reichwein to Join GrowLife, Inc. as Vice President of Research
and Development

KIRKLAND, Wash.–(BUSINESS WIRE)–GrowLife,
Inc. (PHOT) one of the nation’s most recognized indoor cultivation
services providers, today announced that it has completed the
acquisition of 51% of assets from a tile flooring business with
innovative intellectual property that is aligned with GrowLife’s core
business competencies. The assets include intellectual property rights
and FreeFit® patents, and the copyrights and trademarks associated with
the technology. In addition to the asset acquisition, renowned chemical
engineer and inventor of a patent pending luminous tile technology David
Reichwein will join GrowLife as Vice President of Research and
Development (R&D).

Reichwein brings with him to GrowLife years of experience in various
executive leadership roles at public companies, including positions
where he has lead global procurement, R&D, product development and
manufacturing operation initiatives. Most recently, Reichwein was
Founder and CEO of a product development manufacturing company focused
on creating green, non-toxic building materials. He also holds over 50
patents in various technologies ranging from flooring to nuclear science.

“This asset purchase provides us with new ways to engage our customers
with state-of-the art environmentally friendly building materials that
we believe can help indoor cultivators lower the production cost of
growing crops indoors,” said GrowLife CEO Marco Hegyi. “In addition, we
are pleased to have David Reichwein join our management team and believe
his depth of technological and engineering knowledge will enable us to
further help responsible cultivation operations efficiently control
supply costs, manage build-out investment, track supply usage and
streamline workflows.”

“I truly believe in the vision of GrowLife and am looking forward to
helping the Company achieve even greater success in this rapidly
evolving indoor cultivation industry with my background and expertise in
complex electrical systems engineering that improves building operating
efficiencies, resulting in lower operating costs,” said GrowLife’s newly
appointed Vice President of R&D David Reichwein.

For further information on this transaction, reference GrowLife, Inc.’s 8k
SEC filing.

For more information about GrowLife and GrowLifeEco.com,
please visit the company website. Additional commentary on the Company
as well as the industry is also provided on the CEO’s blog.
Specific financials and corporate actions on GrowLife (PHOT), can be
found in the filings at the SEC
website.

About GrowLife, Inc.

GrowLife,
Inc. (PHOT) aims to become the nation’s largest cultivation service
provider for cultivating organics, herbs and greens and plant-based
medicines. Our mission is to help make our customers successful. Through
a network of local representatives covering the United States and
Canada, regional centers and its e-Commerce team, GrowLife provides
essential goods and services including media, industry-leading
hydroponics equipment, plant nutrients, and thousands more products to
specialty grow operations. GrowLife is headquartered in Kirkland,
Washington and was founded in 2012.

Contacts

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Andrew Hard, 888-829- 0070
Chief Executive Officer
[email protected]
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