SOURCE: Neptune Industries, Inc.

October 30, 2007 08:00 ET

Neptune Industries Announces Weekly Shareholder Calls

BOCA RATON, FL--(Marketwire - October 30, 2007) - Neptune Industries, Inc. (OTCBB: NPDI), a holding company with diversified interests in aquaculture technology, food science, sustainable seafood, and related natural and organic food products, announced today that the Company will begin holding weekly shareholder calls every Thursday beginning Thursday, November 1, at 2:00 PM Eastern Time. The weekly shareholder calls are open to existing and potential shareholders. Management intends to provide investors with a general business update including an overview of recent developments at the Company.

Space on each call is limited and on a first come first served basis. Shareholders interested in participating in the calls should contact Bethany Tomich at Equity Performance Group at 1-617-666-3705 or Bethany@EquityPerfGP.com prior to the call to register their interest in participating and to obtain the call-in information.

For additional corporate information on Neptune Industries, please visit www.neptuneindustries.net and www.aquabiologics.net or for investor information please visit: www.equityperformancegroup.com/clients_npdi.php.

About Neptune Industries:

Based in Boca Raton, Florida, Neptune Industries, Inc. has developed a scalable, modular aquaculture technology called Aqua-Sphere™ and Aqua-Cell™ that successfully address the environmental concerns of most aquaculture operations by controlling and recycling all waste products, while insuring the production of the highest quality fish at an affordable price. The company currently operates the Blue Heron Aqua Farms in Florida City, FL and is a leading producer of hybrid striped bass, which it markets internationally as Everglades Striped Bass™. The company's current production at its Blue Heron farm, and future production with Aqua-Sphere™ System technology are intended to target the organic market as soon as organic certification of farm-raised seafood becomes available. The Company is also in development of an advanced dietary nutritional component called Ento-Protein™. Ento-Protein™ is a high-quality sustainable protein derived from insects, and is intended to be a replacement for the scarce fish meal now used in fish and animal diets. For further information, please visit the Company's website at: www.neptuneindustries.net

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contact Information

  • Contact:

    Investor Relations Contact:
    Michael Steinberg
    Chelsea Holdings, Inc.
    1200 S. Federal Hwy., Suite 200
    Boca Raton, FL 33431
    561-210-8544
    Email: info@neptuneindustries.net

    Bethany Tomich
    Equity Performance Group
    617-666-3705
    Email: Bethany@EquityPerfGP.com