SOURCE: HQ Sustainable Maritime Industries, Inc.

September 11, 2008 09:09 ET

HQS at 17th International World Food Expo in Moscow

"Omojo" Brand and "TiLoveYa" Products at Moscow Show, September 23 to 26, 2008

SEATTLE, WA--(Marketwire - September 11, 2008) - HQ Sustainable Maritime Industries, Inc. (AMEX: HQS) ("HQS" or the "Company"), a leader in toxin-free integrated aquaculture and aquatic product processing including fish byproduct personal healthcare products with operations in Hainan, PRC, today announced that the Company is presenting a range of its Tilapia products branded under the "TiLoveYa" label and its "Omojo" Bio-health products at the 17th International World Food Expo in Moscow, September 23rd to the 26th, 2008.

The 17th International Exhibition of food products and drinks "World Food Moscow," one of the most significant events in the Russian food market, will take place at Expocentr from the 23rd to the 26th of September.

The exhibition covers all sectors of the food industry. As usual, the exhibition will feature Meat and Poultry, Fish and Seafood, Frozen and semi-finished products, Dairy products, Oil/Fats and Sauces, Drinks, Confectionary and Bakery, Grocery and snacks, Tea and Coffee, Fruits and Vegetables, Healthy Food, Infant Food, Catering equipment and a new "Private Label" section.

This year more than 1300 companies will participate at the exhibition. Total space will be more than 60000 sqm. Producers and suppliers from 61 countries will demonstrate their products at the exhibition. Many international companies will be represented at the state level and will exhibit in the form of national stands. This year the exhibition will be attended by 57 national groups from 27 countries. More information can be found on the Show Web site at http://www.worldfood-moscow.com/eng?gclid=CJeoyu_b05UCFQK_GgodgUZIIA

"We have been selling Tilapia and health products to Russia for years and attendance at the show is a natural next step for HQS," said HQS CEO Norbert Sporns. "This has been an extraordinary year for us as a new caliber of buyers generate increases in the quality and volume of sales both in Tilapia and fish by-product health products."

The "Omojo" product line includes a number of items made by HQS from fish byproducts. Products are made from cartilage extract which improves the immune system, oils that increase the blood's ability to absorb oxygen, vitamins A, D and E, and Omega 3. "Omojo" products target all age groups.

The products are in pill format and in addition to broad health benefits for all consumers (vitamins A, E and D and Omega 3), each product targets particular health benefits for each age group:

--  immune system and bone density improvement from fish cartilage for older
    people,
--  blood oxygen enhancement from fish oils for active adults and AKG and
--  enhanced DHA Omega 3 for  the young from fish oils.
    

More products including an anti-wrinkle fish cartilage extract (consumed both as a pill and applied topically) already sold by HQS in China, are expected to be added to the Hong Kong rollout later this year.

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. HQS practices co-operative 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. The Aquaculture Certification Council, Inc. (ACC) certified that tilapia processing standards met Best Aquaculture Practices, and the Chinese government gave organic certification to the Company's tilapia production, processing, labeling, marketing and management system. The Company owns a nutraceuticals and health products company, which is HACCP and GMP certified, and produces and sells products subject to stringent laboratory tests certified by the China Ministry of Health. This GMP certified plant produces nutraceuticals, which enrich feed used by HQS' cooperative aquaculture operations. In addition to headquarters in Seattle, HQ has operational offices in Wenchang, Hainan. The Company's website is: http://www.hqfish.com.

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. (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."

Contact Information

  • Contact:

    HQ Sustainable Maritime Industries, Inc.
    Norbert Sporns
    Chief Executive Officer
    Phone: 206-621-9888
    Email: Email Contact