AeroGrow International, Inc., makers of AeroGarden indoor gardening products, announced today that it has elected two new members to its Board of Directors: Michael S. Barish and H. MacGregor (Greg) Clarke. The announcement follows the recent retirement of three AeroGrow Board members, Linda Graebner, Suresh Kumar, and Peter Michel, their terms having come to an end. The company has reduced the size of its Board to five members.

Both men bring years of unique experience to the company. In 1973, Mr. Barish founded Cambiar Investors and grew the firm’s assets from less than $1 million in 1973 to over $2.3 billion upon his retirement in 2001. In 2003, he co-founded the private investment partnership Lazarus Investment and served as the fund’s Chief Investment Officer until his retirement in June 2009. Mr. Barish will serve on the Audit and Governance committees.

Mr. Clarke has served as CFO of AeroGrow since May 2008. Prior

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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

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Fellow Masters, passing on a great article from OldSchoolValue.com on a company called AeroGrow International, Inc. (NASDAQ:AERO) that trades for $2.67 a share. Their AeroGarden that grows plants using just air and water is amazing, but can it get the backing from Wall Street? Be sure to read Jae Jun's detailed analysis which in the end scores 11 of the 15 points where 3 of the points come out neutral. Never heard of AeroGrow? At first glance, I'll admit, I thought the AeroGarden had a fad feel to it, maybe the new Pet Rock of 2008. Just imagine those bad boys with some bubble eyes glued on and flashy packaging, it could happen? AERO shares have tanked over the last year, down 61% so right ...