AeroGrow International (AERO) is a provider of aeroponic garden systems for gardening, cooking and small kitchen appliance, healthy eating, and home and office decor markets on a global level. The company’s AeroGarden product line technology allows customers to grow fresh herbs, salad greens, tomatoes, chili peppers, flowers and more, indoors, year-round and without using dirt. AeroGrow International was founded in 2002 and is based in Colorado.

The company is in the midst of an expanded effort to get the word out about its products to the investment community. Earlier this month, AeroGrow International presented its story to bankers at the Canaccord Adams 28th Annual Global Growth Conference in Boston. Currently, two analysts follow the company for sell-side investment firms. Insiders are gobbling up the company’s shares, too. In July, AeroGrow directors purchased well over 30,000 over the company’s shares. That’s in addition to the over 20,000 shares purchased by AeroGrow insiders in the months leading up to July.

For the quarter ended June 30, 2008, AeroGrow reported revenues of approximately $6.7 million, an increase of seven percent over the $6.3 million reported for the prior year’s quarter ended June 30, 2007. The company said its net loss widened to $2.8 million from $2 million, but that the increased loss was primarily attributable to expansion into new markets and retail outlets. AeroGrow said all of its factories are running at full capacity to help meet demand for its products.

AeroGrow has a market capitalization of almost $27 million. The company’s shares closed today at $2.20 on volume of just over 12,000 shares, about a third of the three-month daily average. AeroGrow shares have traded between $1.27 and $9.19 over the past 52 weeks.

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