US Farms, Inc. Announces Record Revenues of $9.5 Million for the Year Ended December 31, 2007

SAN DIEGO, CA -- (MARKET WIRE) -- April 15, 2008 -- US Farms, Inc. (OTC BB : USFI.OB ) a diversified commercial Farming and Nursery company, today announced its audited financial results for the year ended December 31, 2007. Full details are available on the Form 10-KSB filed at http://www.sec.gov.

US Farms, Inc. posted revenue of $9,460,585 for the year ended December 31, 2007 versus $361,414 for 2006. The Company refocused its business activities in the agricultural sector during the second and third quarters of 2007, which provided the framework for this significant growth. The majority of growth was from revenues generated through the California Produce Exchange business segment. California Produce Exchange distributes a variety of bulk vegetables and fruits to brokers, distributors and food converters.

Gross profit for 2007 was $771,701, or 8.2% of revenues, with a net loss for the period of $5,955,327 or ($0.18) loss per basic share. This compares to a gross profit of $36,141, or 10% of gross revenues, and a net loss of $4,471,910, or ($0.33) loss per basic share, for 2006. The increase in the operating loss was due primarily to costs associated with the startup of the Company's Sammy's Produce, Inc. and World Garlic & Spice, Inc., both wholly owned subsidiaries of US Farms, Inc., in addition to business development costs, and general and administrative expenses associated with the implementation of the Company's growth strategies.

Yan Skwara, President and Chief Executive Officer, US Farms, Inc., stated, "In 2006, we planted the seed; in 2007, we started to grow; in 2008 and beyond, we should begin to bear fruit. We have met key milestones in terms of revenue growth and market penetration. We have acquired and began operating wholly owned subsidiaries that broaden our product offering to provide for year-round sustainable growth. We thank our shareholders for their continued support and remain committed to building shareholder value in the future."

2007 Company Highlights:

• From January to March of 2007, the Company harvested its first Winter Asparagus crop that generated in excess of $1.4 million in revenues.
• In February 2007, the Company purchased the assets of a San Diego based nursery and formed American Nursery Exchange, Inc., a wholly owned subsidiary of US Farms.
• In April 2007, the Company hired Sam Nucci as VP Sales for its newly formed Sammy's Produce Exchange, Inc., a wholly owned subsidiary of US Farms.
• Revenues for the nine months in 2007 for Sammy's Produce were in excess of $6.2 million.
• In July 2007, the Company formed and began operating its wholly owned subsidiary US Ag Transportation, Inc., which received a US Department of Transportation license and registration for Refrigerated Produce, Agriculture and Food transportation nationwide.
• In August 2007, the Company formed World Garlic and Spice, Inc., a wholly owned subsidiary of US Farms. Revenues for World Garlic and Spice for 2007 were in excess of $600,000.
• In October of 2007, the Company formed US Trading Group, Inc,. a wholly owned subsidiary, and began importation of Chinese garlic. US Trading Group imported garlic in excess of $450 thousand during 2007.
• In October 2007, the Company appointed Darin Pines, an agricultural industry veteran as Chief Operating Officer.
• During 2007, the Company successfully raised $4,092,049 from private investors as a result of a private placement of common stock and warrants.

Sales Revenue by operating business segment for the year ended December 31, 2007:

• California Produce Exchange had sales of $8,628,922. This subsidiary grows and distributes asparagus, fresh market tomatoes, garlic and other bulk produce through retail and wholesale distribution channels in Southern California.
• American Aloe Vera Growers had sales of $677,840. This subsidiary farms and sells domestically grown aloe vera potted plants, aloe vera boxed produce and bulk aloe vera leaves to brokers, re-wholesalers and directly to retailers.
• American Nursery Exchange had sales of $126,409. This subsidiary grows and sells palms, jade, cycads and other potted plants to grocery stores, garden centers, landscapers, home improvement centers and via Internet/mail order.

Cash utilized from operations 2007 was $4,137,669. The cash and marketable securities balance at December 31, 2007 was $24,487. As of September 30, 2007, shareholders' equity improved by $1,202,865 compared with December 31, 2006 mainly due to capital raises.

About US Farms, Inc.
US Farms, Inc. (OTCBB: USFI) is a diversified commercial Farming, Nursery and Brokerage company based in Southern California. The Company's principal operations are located in Southern California in the Imperial Valley, North County San Diego and Los Angeles. US Farms, Inc. grows, markets and distributes horticultural products through a number of wholly owned subsidiaries which include: American Nursery Exchange, Inc. (ANE); California Management Solutions, Inc. (CMS); California Produce Exchange, Inc. (CPE); American Aloe Vera Growers, Inc. (AAVG); Imperial Ethanol, Inc. (IE); Sammy's Produce, Inc. (SPI); US Ag Transportation, Inc (USAT); US Produce, Inc. (USPI); Texas Garlic & Spice, Inc. (TGS); US Trading Group, Inc. (USTG); and World Garlic & Spice, Inc. (WGS).

For more information on US Farms, Inc., please visit http://www.usfarmsinc.com. US Farms, Inc. is publicly traded on the Over-the-Counter market under the ticker symbol USFI.

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