AgriMarine Holdings Inc.
TSX VENTURE : FSH
OTCQX : AGMHF
FRANKFURT : A2G

AgriMarine Holdings Inc.

September 14, 2011 08:30 ET

AgriMarine Appoints Industry Veteran as Committee Advisor

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2011) - AgriMarine Holdings Inc. (TSX VENTURE:FSH)(OTCQX:AGMHF)(FRANKFURT:A2G) (the "Company" or "AgriMarine"), the leader in floating solid-wall containment technology for sustainable aquaculture is pleased to announce that Mr. David Rubenstein has joined the Company's Strategic Advisory Committee.

Mr. Rubenstein is a leading seafood executive with over 30 years' experience in the industry. Having worked for one of Canada's leading food companies, Mr. Rubenstein established the seafood division for Export Packers Company Ltd. in the 1980's. His experience encompassed managing the supply chain of seafood products to major retailers, food service and retail distributors in Canada, to developing the Ocean Jewel™ label, a recognized brand across Canadian supermarkets and food service distributors.

Mr. Rubenstein helped established Expack Seafood Inc. in 1987, one of the largest frozen seafood importers in North America and now part of San Francisco-based H & N Food Group. Mr. Rubenstein serves as Vice President of International Seafood Operations at Expack, where he brings his vast experience in procurement and sales in Central and South America, Asia as well as the Middle East.

"We are pleased to welcome David into our Strategic Advisory Committee. David brings a wealth of experience in the seafood industry and will advise the Company in the areas of wholesale, distribution, brand development and retail seafood sales as the Company expands its operations and licensing around the world," said Richard Buchanan, President and CEO of AgriMarine.

Mr. Rubenstein remarked, "My position at Expack Seafood puts me in touch with customers worldwide who are excited to hear about AgriMarine's solid-wall containment system. Retailers are moving to source sustainable seafood and AgriMarine's unique positioning through the production of farmed salmon in closed containment systems is exactly what they want for their seafood distribution. I look forward to working with AgriMarine and I am excited to be part of the Company's tremendous future."

About AgriMarine Holdings Inc.

AgriMarine has developed and commercialized proprietary floating solid-wall closed containment technology to produce salmon sustainably in its farms in China and Canada. The technology can be applied worldwide to the rearing of other finfish such as trout, tuna, and yellow croaker. AgriMarine's technology creates an optimal fish rearing environment, offers a better farm management system with added environmental benefits over net cage rearing practices and meets consumer and retailer demands for sustainable aquaculture.

Forward-Looking Information

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