SOURCE: HQ Sustainable Maritime Industries Inc.

June 06, 2005 08:00 ET

"Business & Beyond" to Feature HQ Sustainable Maritime Industries, Inc.

DEERFIELD BEACH, FL -- (MARKET WIRE) -- June 6, 2005 -- Platinum Television Group is pleased to announce the selection of HQ Sustainable Maritime Industries, Inc. (OTC BB: HQSM) for its innovative, educational television series, Business & Beyond. The company will be featured in a segment on "The Booming Asia Market -- Food that Can be Farmed with No Chemicals."

Reaching over 90 million households through a combination of targeted business networks, this segment will air as paid programming one time nationally on CNBC, one time internationally on CNBC Europe, and will air 98 times regionally on cable news networks in many of the top 100 markets nationwide based on view demographics and interests.

The content of the show will include: a) interview with a company representative; b) discussion to educate viewers about the booming economy in China; c) history of the company up to present with visuals of the manufacturing facilities; d) interviews about the expansion and market share growth plans; e) investment overview as well as how to find out more information about the company and investment opportunity.

"The purpose of the show is to ultimately help individuals find a good investment opportunity; we wanted to find a company that was poised to grow at the same pace as China's booming economy," explained creative director Anthony DiMeglio of Platinum Television Group. "HQ Sustainable Maritime Industries Inc. is the perfect fit; Aquaculture goes hand in hand with the Chinese economy and culture. Aquaculture has always been an integral part of an emerging society; the growth in aquaculture will be astonishing, as a result of an existing 1.3 billion population and an additional 20 million babies born each year."

Said Norbert Sporns, CEO of HQ, "The more we can educate our buyers and investors regarding the importance of quality and toxin-free aquaculture, the more everyone benefits. Pure food is increasingly in demand as science, vertical integration, and a health-conscious approach to aquaculture respond to the challenge of improving eating habits and profitability."

About HQ Sustainable Maritime Industries, Inc.

HQ Sustainable Maritime Industries, Inc. is an integrated aquaculture and aquatic product processing company, with operations based in the environmentally pristine island province of Hainan, in the South China Sea. HQ's activities include using renewable ocean resources, practicing cooperative sustainable aquaculture, using nutraceutically enriched feeds and conducting fish processing and sales. Its variety of farmed and ocean-harvested products -- ranging from tilapia and shrimp to squid and red snapper -- are sold around the world. The Company holds HACCP certification from the U.S. FDA and the EU Code assignment of quality, permitting its products to be sold in these international markets; the Government of China has also certified it as a leading agricultural enterprise. It has recently acquired a nutraceuticals and health products company, which is HACCP certified, and produces and sells products subject to stringent laboratory tests certified by the China Ministry of Health. This plant produces nutraceuticals, which enrich feed used by HQ's cooperative aquaculture operations. In addition to operational offices based in Haikou, Hainan, HQ has offices in Montreal, Hong Kong, New York City, Beijing, and Shanghai. (http://www.hqfish.com)

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and 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 HQ Sustainable Maritime Industries, Inc. (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."

Contact Information

  • Contact:
    Sandi Newmark
    Director of Public Relations
    Platinum Television Group
    (800) 597-1186

    Or

    Norbert Sporns
    CEO
    HQ Sustainable Maritime Industries Inc.
    (212) 618-1712
    sporns@hqfish.com