SOURCE: Neptune Industries, Inc.

December 20, 2007 08:00 ET

Neptune Industries Featured on Front Page of Local Newspaper

BOCA RATON, FL--(Marketwire - December 20, 2007) - Neptune Industries, Inc. (OTCBB: NPDI), a next generation aquaculture technology company with diversified interests in production system technology, food science, sustainable seafood, waste-to-energy production, and related natural and organic food products, announced today that the Company was featured in a cover page article of the Boca Raton News, titled, "Boca Based Firm Seeks a Better Fish Food."

The article referenced the Company's recent research results on its Ento-Protein™ product. Ento-Protein™ is a high quality, sustainable protein derived from insects, and is intended to be a replacement for the scarce fishmeal now used in fish and animal diets. Both U.S. and Canadian government agencies, as well as numerous NGOs, have denounced fishmeal as an ingredient for sustainable and organic fish and animal diets. Ento-Protein™ is being developed to further reduce the industry's dependence upon wild fish stocks used to make fishmeal.

Neptune CEO Ernest Papadoyianis told the Boca Raton News, "The U.S. seafood market now eclipses $65 billion dollars, of which over 78% is imported. This places seafood as the largest natural resource contributing to the national deficit, other than petroleum."

Managing Editor John Johnston added, "Toward reducing that national deficit, Neptune is producing sustainable seafood right here at home, and also in creating a better fish feed."

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 fishmeal 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