SOURCE: HQ Sustainable Maritime Industries Inc.

HQ Sustainable Maritime Industries Inc.

October 18, 2010 08:18 ET

HQ Sustainable Maritime Industries, Inc. Announces Participation in the TILAPIA 2010 Conference

SEATTLE, WA--(Marketwire - October 18, 2010) - HQ Sustainable Maritime Industries, Inc. (NYSE Amex: HQS) ("HQS" or the "Company"), a leading producer of functional, sustainable Tilapia biomass, including fish and personal healthcare products, today announced Norbert Sporns, President and Chief Executive Officer, and Dr. Kevin Fitzsimmons, Director, will present at the TILAPIA 2010 Conference in Kuala Lumpur, Malaysia on October 27-28th, 2010.

TILAPIA 2010 will take a close look at recent developments in the tilapia industry. Internationally renowned speakers, including Mr. Sporns and Dr. Fitzsimmons, will address the tilapia industry, its current environment and outlook, production and processing, markets and marketing, and technological developments and related issues. 

"HQS is honored to participate in the TILAPIA 2010 Conference, at the request of the Food and Agriculture Organization, and to introduce to the industry its advanced Tilapia feeds meeting sustainable aquaculture standards," commented Norbert Sporns, HQ Sustainable Maritime's President and Chief Executive Officer. "We are extremely pleased that the recent floods in Hainan have not adversely affected HQS as we continue to deliver the highest quality Tilapia biomass products to the consumer."

Mr. Sporns will speak about the U.S. tilapia market and the production and marketing of tilapia and tilapia by-products. In addition, Dr. Fitzsimmons will provide the Keynote address on tilapia as a major contributor to world food security. Over 400 delegates from the industry, government, academia, as well as potential investors and marketers, are expected to attend the conference.

TILAPIA 2010 is jointly organized by INFOFISH, the Ministry of Agriculture and Agro-based Industry, Malaysia, the Network of Aquaculture Centres in Asia-Pacific (NACA) and WORLDFISH CENTER, in collaboration with the Department of Fisheries, Malaysia (DOF), Fisheries Development Authority of Malaysia (LKIM) and the Federal Agriculture Marketing Authority, Malaysia (FAMA).

About HQ Sustainable Maritime Industries, Inc.

HQ Sustainable Maritime Industries, Inc. is a leader in the production and marketing of functional, sustainable, biomass products focused on Tilapia aquaculture through vertically integrated operations. HQS practices cooperative farming of sustainable aquaculture using all-natural enriched feeds. The Company produces and sells wholesale feed products as well as retail focused nutraceutical and health products, including its Omojo branded health products through direct and franchise sales in China. Additionally, the Company produces and sells Lillian's Healthy Gourmet Meals and other fish products in the United States. The Company conducts fish processing, production and sales with operations based in the island province of Hainan, in the South China Sea. The Company holds HACCP and GMP 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 also achieved the ISO 9001 quality management system standards certification and the ISO 22000 certification for quality in food safety. The Aquaculture Certification Council, Inc. certified that HQS tilapia farming and processing standards met Best Aquaculture Practices and Moody International Certification Ltd. The Company's certified co-op farming and processing are in conformity with the new Global G.A.P., the Global Partnership for Good Agriculture Practice, standards for Tilapia. The Chinese government gave organic certification to the Company's tilapia processing, production, labeling, marketing and management system. In addition to headquarters in Seattle, HQ has operational offices in Wenchang, Hainan. The Company's website is:

Safe Harbor Statement

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. 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 under "Search for Company Filings."

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