SOURCE: Seanergy Maritime Corp.

December 19, 2008 11:35 ET

Seanergy Maritime Corp. Announces the Results of the 2008 Annual General Meeting

ATHENS, GREECE--(Marketwire - December 19, 2008) - Seanergy Maritime Corp. (the "Company") (NASDAQ: SHIP) (NASDAQ: SHIPW) announced today the results of the annual meeting of its shareholders held on Thursday, December 18, 2008 at the Company's executive offices. At the meeting the following proposals were approved and adopted: 1) the election of three directors of the Company, designated as Class A, consisting of Messrs. Dimitrios N. Panagiotopoulos, Lambros Papakonstantinou and George Taniskidis to serve until the 2010 annual meeting of shareholders, the election of two directors of the Company, designated as Class B, consisting of Ms. Christina Anagnostara and Mr. George Tsimpis to serve until the 2011 annual meeting of shareholders and the election of two directors of the Company, designated as Class C, consisting of Messrs. Kyriakos Dermatis and Alexander Papageorgiou to serve until the 2012 annual meeting of shareholders; and 2) the ratification of KPMG Certified Auditors A.E. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2008.

About Seanergy Maritime Corp.

Seanergy Maritime is a Marshall Islands corporation with its executive offices in Athens, Greece. Seanergy is engaged in the transportation of dry bulk cargoes through the ownership and operation of dry bulk carriers. Seanergy purchased and took delivery of six dry bulk carriers in the third and fourth quarters of 2008 from companies associated with members of the Restis family. Its current fleet is comprised of two Panamax, two Supramax and two Handysize dry bulk carriers with a combined cargo-carrying capacity of 317,743 dwt and an average fleet age of approximately 10.5 years.

Seanergy's common stock and warrants trade on the NASDAQ Global Market under the symbols SHIP and SHIPW, respectively. Prior to October 15, 2008, Seanergy's common stock, warrants and units traded on the NYSE Alternext US LLC (formally known as AMEX) under the symbols SRG, SRG.W and SRG.U, respectively.

For further information please visit our website at www.seanergymaritime.com.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth strategy and measures to implement such strategy. Words such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the scope and timing of SEC and other regulatory agency review, competitive factors in the market in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company's filings can be obtained free of charge on the SEC's website at www.sec.gov. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact Information

  • For further information please contact:

    Seanergy Maritime Corp.
    Dale Ploughman
    Chief Executive Officer
    Tel: +30-210-963-8461
    E-mail: ir@seanergymaritime.com

    Investor Relations / Media
    Capital Link, Inc.
    Paul Lampoutis
    230 Park Avenue Suite 1536
    New York, NY 10169
    Tel. (212) 661-7566
    E-mail: seanergy@capitallink.com