SOURCE: Euroseas

February 21, 2006 10:43 ET

Euroseas Ltd. to Present at the Roth Capital Partners 18th Annual OC Conference

MAROUSSI, ATHENS, GREECE -- (MARKET WIRE) -- February 21, 2006 --Euroseas Ltd. announced today that on February 22nd it will present at the 18th Annual OC Conference organized by Roth Capital Partners. The conference will take place at the St. Regis Monarch Beach Resort in Dana Point, CA from February 20th-22nd.

For more information about the conference please visit http://www.rothcp.com/index06%20DP.html

After the conference, investor may access the presentation at: http://www.euroseas.gr/ir_presentations.html

Information about Euroseas

Euroseas Ltd. -- Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens. Euroseas Ltd., through its wholly owned subsidiaries, owns and operates eight drybulk vessels, including four Handysize bulk carriers, three Handysize containerships, and one Panamax drybulk carrier. Euroseas will continue to operate in the drybulk and container shipping markets, with operations managed by Eurobulk Ltd., an affiliated ship management company. Eurobulk will be responsible for the day-to-day commercial and technical management and operations of the vessels. Eurobulk Ltd. is an ISO 9002:2000 certified ship management company and represents four generations of ship management tradition and expertise of the Pittas family dating back to the late 19th century.

Euroseas' five drybulk carrier vessels have total cargo capacity of 190,904 deadweight tons (dwt) and its containerships have cargo capacity of 66,100 dwt and 4,636 twenty-foot equivalent units (teu). Euroseas employs its vessels in the spot and time charter market and through pool arrangements. Presently, six of its vessels are employed under time charters, one is under voyage charter and one vessel is employed in the Baumarine pool that is managed by Klaveness, a major global charterer in the dry bulk area.

Safe Harbor Statement

This press release contains statements that are forward looking as that term is defined by the United States Private Securities Litigation Reform Act of 1995. These statements are based on current expectations that are subject to risks and uncertainties. Actual results may differ. Readers are referred to Euroseas' most recent reports filed with the SEC.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such jurisdiction.

Visit our website at www.euroseas.gr

Contact Information

  • Company Contact
    Tasos Aslidis
    Chief Financial Officer
    Euroseas Ltd.
    2693 Far View Drive
    Mountainside, NJ 07092
    Tel. (908) 301-9091
    E-Mail: Email Contact

    Investor Relations - Financial Media
    Nicolas Bornozis
    President
    Capital Link, Inc.
    230 Park Avenue - Suite 1536
    New York, NY 10169
    Tel. 212-661-7566
    E-Mail: Email Contact