SOURCE: HQ Sustainable Maritime Industries Inc.

February 26, 2007 08:18 ET

HQ Rolls Out 3 New, Value-Added "TiLoveYa™" Products

Health Conscious Products to Be Showcased at the Boston Seafood Show

SEATTLE, WA -- (MARKET WIRE) -- February 26, 2007 -- BOSTON SEAFOOD SHOW -- HQ Sustainable Maritime Industries, Inc. (OTCBB: HQSB), the leader in toxin-free integrated aquaculture and aquatic product processing, announced today that, following the very positive market response to its blackened and lemon dill "TiLoveYa™" tilapia products, it is introducing three new health conscious value-added, once-frozen tilapia products:

--  "Crunchy Breaded TiLoveYa™"
    
--  "Battered TiLoveYa™" and
    
--  "Beer Battered TiLoveYa™."
    
All three value-added products have been prepared without the use of trans-fatty acids and can be cooked by customers on a conventional grill without the need for cooking oil. HQ will use all organic ingredients once the tilapia category of seafood receives the U.S. Department of Agriculture's organic certification. The products can be described as follows:
--  Crunchy Breaded "TiLoveYa™" uses Japanese panko-style breading. The
    subtle light flaky flavor of "TiLoveYa™" tilapia is perfectly balanced
    with the lightly seasoned crunchy breading.
    
--  HQ's traditional batter is a mildly seasoned coating that allows a
    unique and crispy flavor that can be enhanced with a favorite sauce.
    
--  HQ's Beer Battered "TiLoveYa™" is a tender, flaky white tilapia
    fillet covered in a crispy pub-style batter that is made with real beer
    from the environmentally pristine tropical island province of Hainan,
    China.
    
All of these items are offered in a one-pound package or in bulk for full-service seafood cases and foodservice operations. Suggested retail for each of the above products is $3.99 per pound.

HQ's value-added product line is developed with chefs and focus groups targeting flavor profiles to meet mainstream consumer taste without compromising the health benefits and organic standards expected from the "TiloveYa™" brand. HQ uses only light breading, batters and popular seasonings that appeal to all consumers. These products are highly desired in restaurant menus as well as in retail chains.

These new superior HQ products have been selected for the Boston Seafood new product competition, which will take place during the annual Boston Seafood Show March 11 - 13, 2007 - Boston Convention & Exhibition Center, MA, USA. (See http://www.bostonseafood.com/07/public/MainHall.aspx?sortMenu=101000.)

Unlike most other fillet products, HQ's products are made exclusively from fresh "TiLoveYa™" tilapia, which is flavored with natural ingredients and then individually quick-frozen to preserve flavors, juiciness and appearance. Others use fillets which have been defrosted once or even twice before adding flavor and freezing again, a process which has been shown to substantially reduce the quality of the product.

Bob Emel, HQ's Head of Retail Sales, said, "HQ has had an overwhelming response to its flavored products and has been encouraged to provide its buyers with products meeting the full spectrum of American consumer tastes, prepared to HQ's quality standards. We want to provide nothing less than the perfect food to our customers."

Trond Ringstad, Executive VP, Marketing and Sales, HQ, said, "The American Heart Association is encouraging all Americans to enjoy at least two fish meals per week. Our toxin-free, rainwater pond-raised "TiLoveYa™" tilapia products must meet the widest spectrum of consumer tastes. As a leading producer of environmentally friendly, sustainable aquaculture products, HQ is working to help preserve our oceans for future generations."

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 toxin-free 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 owns 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, HQ has operational offices in Haikou, Hainan. (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:
    Norbert Sporns
    Chief Executive Officer
    HQ Sustainable Maritime Industries Inc.
    Tel: 206-621-9888
    Fax: 206-621-0318
    Email Contact

    Stan Wunderlich
    CEO
    Consulting For Strategic Growth 1
    Tel: 1-800-625-2236
    Fax: 212-337-8089
    Email: Email Contact

    Daniel Stepanek
    Media Relations
    CFSG1
    Tel: 212-896-1202
    Fax: 212-697-0910
    Email Contact