SOURCE: Neptune Industries, Inc.

October 03, 2007 09:45 ET

Neptune Industries' Everglades Striped Bass™ From Its Blue Heron Aqua Farms Subsidiary Featured at New England Aquarium Sustainable Seafood Dinner

BOCA RATON, FL--(Marketwire - October 3, 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 Everglades Striped Bass™ from its Blue Heron Aqua Farms, LLC subsidiary was featured at the New England Aquarium's Celebrate Seafood Dinner Series for sustainable seafood on Tuesday, September 25, 2007. Everglades Striped Bass was also featured as the New England Aquarium's "Fish of the Month" for ocean-friendly seafood choices.

Everglades Striped Bass is farmed at the 48-acre fish farm in Florida City, Florida operated by Neptune Industries' subsidiary, Blue Heron Aqua Farms, which incorporates a state-of-the-art, eco-friendly production environment. The farm's Everglades Striped Bass is distributed throughout the eastern United States, Canada and the Caribbean.

President of Neptune Industries, Ernest Papadoyianis, stated, "I was very pleased to have our sustainable, eco-friendly hybrid striped bass recognized at the New England Aquarium dinner series. The New England Aquarium has done an outstanding job of creating programs to increase public awareness of the benefits of promoting sustainable fisheries products. I commend their efforts to bring together their members and the general public to participate in these events, and I look forward to working with them in the future toward promoting sustainable seafood."

Sustainable Fisheries Initiative Manager for the New England Aquarium, Lydia Bergen, stated, "At the New England Aquarium's Celebrate Seafood Dinners, three course meals are prepared featuring environmentally responsible seafood choices. For our September event, Blue Heron's hybrid striped bass was served as the main course. It is a terrific product from both fine dining and environmental perspectives. We look forward to working with Blue Heron in the future."

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