Dr. Johnny R. Thomas, Chairman and Chief Executive Officer, AgriBioTech, Inc. (NASDAQ National Market: ABTX) announced today that the Company has completed the acquisition of Garden West Distributors, Inc. ("GWD") with annual revenues of approximately $17 million. AgriBioTech purchased GWD for approximately $4.4 million in cash and 122,150 shares of AgriBioTech common stock with an aggregate value of $2.1 million based on prices at the time terms were agreed to.

GWD specializes in the distribution of turfgrass seed and ancillary products to golf courses and lawn and garden products to home improvement centers, mass merchants and independent nurseries in Arizona, California, and New Mexico. This acquisition will increase the Company's access to golf courses and will give the Company experienced management in lawn and garden products which may be expanded to other distribution territories of the Company. Bud Franklin and the other former owners of GWD, signed long-term employment contracts with AgriBioTech.

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