Argan is a publicly traded holding company (AMEX: AGX) that focuses on companies that provide products and services to growth industries. We seek as partners, companies that can benefit from our ability to finance their growth, either internally, through strategic acquisitions or through a combination of these methods. Our current portfolio of wholly owned subsidiaries includes Gemma Power Systems LLC, Southern Maryland Cable Inc., and Vitarich Laboratories.

Gemma Power Systems LLC (www.gemmapower.com) , is a leading power plant designer and builder with expertise in engineering, design, procurement and construction. The company has a solid success record not only in developing traditional energy plants but also in creating facilities for the rapidly growing alternative fuel industry, including biodiesel, ethanol, and other renewable energy sources. Our merger with Gemma was completed on December 8, 2006.

Southern Maryland Cable, Inc. (www.smcinc.biz) , provides inside premise wiring services to the federal government including military installations and government office sites requiring high-level security clearance. The company also provides underground and aerial construction services and splicing to major telecommunications and utilities customers.

Vitarich Laboratories (www.vitarichlabs.com) is a farm to market, vertically integrated private label manufacturer that manufactures, packages, and distributes premium nutraceutical products, including nutritional and whole food dietary supplements and other personal healthcare products.