SOURCE: HQ Sustainable Maritime Industries Inc.

November 07, 2005 08:08 ET

HQ Sustainable Maritime Industries Inc. to Appear on Alexander Haig's "World Business Review" TV Series

On CNBC (as Paid Programming) in Early 2006

BOCA RATON, FL -- (MARKET WIRE) -- November 7, 2005 -- Multi-Media Productions (USA), Inc., producers of World Business Review, and HQ Sustainable Maritime Industries Inc. (OTC: HQSM) today announced that HQSM will be featured on World Business Review, hosted by General Alexander Haig.

The segment will include a discussion on 21st Century Environmental Solutions and will include Dr. Richard Maas, professor of Environmental Science at the University of North Carolina -- Asheville. HQSM will present the importance of environmentally friendly zero-toxin aquaculture as an alternative to ocean fisheries.

"HQSM is a vertically integrated aquaculture company strongly committed to the production of zero-toxin tilapia and other products deploying environmentally friendly and socially responsible farming techniques in delivering a superior zero-toxin product to the market," said Norbert Sporns, CEO of HQ Sustainable Maritime Industries Inc.

Coordinating Producer Christopher T. Graniti added, "HQSM is at the forefront of their industry. This is what our environment needs to alleviate pressure on the oceans and reduce toxins in our food. When researching aquaculture, HQSM consistently came up as being in touch with the most current advancements in this area."

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's activities include using renewable ocean resources, practicing cooperative sustainable aquaculture, using nutraceutically enriched feeds and conducting fish processing and sales. Its variety of farmed and ocean-harvested products -- ranging from tilapia and shrimp to squid and red snapper -- are sold around the world. 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 operational offices based in Haikou, Hainan, HQ has offices in Montreal, Hong Kong, Beijing, and Shanghai. (http://www.hqfish.com).

About World Business Review

"World Business Review" (WBR) airs on CNBC (as paid programming) and Bravo! (as paid programming). WBR may also be viewed on United Airlines' in-flight TV and through video on demand via wbrtv.com. The WBR series is also available at more than 90 prestigious colleges and universities including Carnegie Mellon University, the University of Notre Dame, Dartmouth College and Georgetown University. For more information, visit www.wbrtv.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 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") has an October 15, 2005 contract with HQ Sustainable Maritime Inc. In accordance with this agreement, CFSG provides the Company with consulting, business advisory, investor relations, public relations and corporate development services. Independent of CFSG's receipt of cash compensation from the Company, CFSG may choose to purchase the common stock of the Company and thereafter liquidate those securities at any time it deems appropriate to do so.

Contact Information

  • CONTACT:

    Norbert Sporns
    Chief Executive Officer
    HQ Sustainable Maritime Industries Inc.
    Tel. 917-291-3679
    Fax: 450-465-7348
    Email Contact

    Stanley Wunderlich
    Chief Executive Officer
    CFSG
    Tel: 1-800-625-2236
    Fax: 1-212-337-8089
    Email Contact