SOURCE: Neptune Industries, Inc.

June 28, 2005 12:18 ET

Neptune Industries, Inc. Product Recognized as Sustainable Seafood

BOCA RATON, FL -- (MARKET WIRE) -- June 28, 2005 -- Neptune Industries, Inc. (OTC: NPDI), reported today that South Florida's Sun Sentinel newspaper, a Tribune Media paper, recently published an article titled, "Seafood Extinction a Danger: Stop It." The article reviewed and recommended the use of sustainable seafood products, and highlighted farm raised hybrid striped bass as one such product.

The article which appeared in the June 23rd issue stated that, "Many farms, such as those for farm raised striped bass and catfish, practice sustainable farming by using systems that minimize pollution leakage."

Ernest Papadoyianis, President, stated, "Neptune Industries, Inc. and its subsidiary Blue Heron Aqua Farms, LLC. have practiced eco-friendly, sustainable seafood production since our inception. Our current operations, as well as our new patent-pending S.A.F.E.™ System technology, incorporate features which eliminate solid wastes and fish escapement, and can produce sustainable products into the future with minimal environmental impact. It is wonderful to see that the media recognizes the advancements and continued efforts that our industry has made to improve sustainability and produce healthier products."

Based in Boca Raton, Florida, Neptune Industries, Inc. is developing a scalable modular aquaculture technology called SAFE that successfully addresses concerns for a safe environment and for the highest quality fish at an affordable price. The company currently operates the Blue Heron Aqua Farm in Florida City, FL, and is a leading producer of hybrid striped bass, which it markets internationally as Everglades Striped Bass.

For further information, please visit the Company's website at:

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.

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