SOURCE: Hollund Industrial Marine, Inc.

Hollund Industrial Marine, Inc.

June 13, 2012 09:55 ET

Hollund Industrial Marine Leverages International Network to Access Lucrative Brazil Market -- Underwater Logging Projects Plentiful in Region

Brazilian Opportunity Establishes South American Development Team

BLAINE, WA--(Marketwire - Jun 13, 2012) - Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) ("Hollund" or the "Company") announced today that management has been networking with state and local governments, environmental agencies, utilities, and businesses across Brazil to create invaluable financial opportunities in the region; resulting in the formation of the Company's second specialized Underwater Forest Project Development Team.

"Brazil has among the largest known underwater forest resources in the world," stated Shledon Romain, Vice President of Hollund Industrial Marine. "As many as 4,000 square miles of pristine Rainforest have been inundated by dam construction along the Amazon river water shed. Creating a South American Project Development Team, initially focused in Brazil, only makes good sense. The opportunities in Brazil are plentiful and our relationships within the region are increasingly strengthening."

Management believes the team assembled has the regional experience and network to offer Brazil and other dam building countries in the region, an economical and ecological solution to safely harvest non-living natural resources. The benefit of course would be the potential to reduce a nation's dependence on living forests.

Like the U.S. Development Team, the South American Development Team will appropriately manage Hollund's resources -- effectively taping the strengths of its network to advance the Company's strategic goals.

About Hollund Industrial Marine, Inc.
Headquartered in Blaine, WA, Hollund Industrial Marine Inc. (PINKSHEETS: HIMR) seeks to align the interests of businesses, communities, utilities and governments by offering an integrated business model for underwater forest management. Hollund's model -- including resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding and sales adds value for our shareholders, our partners and reservoir based communities.

Hollund's Project Development Teams seek to develop underwater forest concessions in partnership with state and local governments, utilities, and other entities that own or manage underwater forests. The Project Teams further collaborate with experienced partners working in the Forest Sector, investing its resources and tapping the strengths of its networks to advance the Company's strategic goals.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.

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