SOURCE: HQ Sustainable Maritime Industries, Inc.

July 28, 2006 08:08 ET

HQ Featured in Seattle Post-Intelligencer

Article in Leading Seattle Newspaper Discusses HQ's New "TiLoveYa" Brand and Consumer Marketing Strategy

SEATTLE, WA -- (MARKET WIRE) -- July 28, 2006 -- Sustainable Maritime Industries, Inc.(OTCBB: HQSM) ("HQ") was featured in a major article in the Seattle Post-Intelligencer's Business section on July 27, 2006. The newspaper is the city's leading morning paper. To read the article, please go to: http://seattlepi.nwsource.com/business/279016_tilapia27.html.

The article discussed HQ's new "TiLoveYa" consumer brand and marketing strategy and noted that the Company had moved its international headquarters to Seattle from Montreal in April 2006 to be at the hub of West Coast seafood distribution.

Reported by Dan Richman, the article described the rapidly rising demand for tilapia among U.S. consumers and highlighted the zero-toxin attributes of HQ's product. It further quoted the seafood manager at QFC's Queen Anne store, a leading Seattle retailer, who acknowledged that toxin-free tilapia might be a hit with his upscale customers, even at premium prices.

The article also stated, "[HQ's CEO Norbert] Sporns is hoping that grocery chains including Albertsons, Stop & Shop and Whole Foods, as well as restaurant chains including Denny's and Applebee's, will offer 'TiLoveYa' brand tilapia in the coming weeks." No contractual agreements have been reached and no assurances can be given that such distribution will occur.

Regarding the article, Norbert Sporns commented, "We are very pleased that our new headquarters, brand and consumer marketing strategy have generated such positive business interest in Seattle, a very savvy city that is key to seafood distribution in the U.S."

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 practices cooperative sustainable aquaculture, using nutraceutically enriched feeds and conducting fish processing and sales. The company is dedicated to sustainable zero-toxin methods giving its customers the purest products possible. 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. 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 headquarters in Seattle and operational offices based in Haikou, Hainan, HQ has offices in Hong Kong, 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."

Consulting For Strategic Growth I, Ltd. ("CFSG") provides HQ Sustainable Maritime Industries, Inc.(HQ) with consulting, business advisory, investor relations, public relations and corporate development services, for which CFSG receives a fixed monthly fee for the duration of the agreement. Independent of CFSG's receipt of cash compensation from HQ, CFSG may choose to purchase the common stock of the company and thereafter sell those shares at any time it deems appropriate to do so.

Contact Information

  • CONTACTS:

    Trond Ringstad
    Executive Vice-President Sales and Distribution
    HQ Sustainable Maritime Industries
    Tel: 206-621-9888
    Fax: 206-621-0318
    Email: Email Contact

    Stanley Wunderlich
    Chief Executive Officer
    Consulting for Strategic Growth 1
    Tel: 800-625-2236
    Fax: 212-337-8089
    Email: Email Contact

    Daniel Stepanek
    Media Relations
    Consulting for Strategic Growth 1
    Tel: 212-896-1202
    Fax: 212-697-0910
    Email: Email Contact