HQ Sustainable Maritime Industries (AMEX:HQS)
HQ Trades on American Stock Exchange: Trades Under HQS Symbol
SEATTLE, WA--(MARKET WIRE)--May 17, 2007--HQ Sustainable
Maritime Industries, Inc. (HQS - News), formerly (OTC BB:HQSB.OB
- News), a leader in toxin-free integrated aquaculture and aquatic
product processing, announced that it is now trading on the
American Stock Exchange under the trading symbol HQS.
"HQ is very pleased to take this step and be listed on the
American Stock Exchange," said Norbert Sporns, chief executive
officer. "This is a significant milestone for this company and our
employees -- and we know that listing on a national exchange is
something our shareholders have been waiting for and will view
as a positive step."
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 GMP certified plant produces
nutraceuticals, which enrich feed used by HQ's cooperative
aquaculture operations. HQ has commenced construction of a
100,000 ton per year organic feed mill in Wenchang. In addition
to headquarters in Seattle, HQ has operational offices in
Wenchang, 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."
Contacts
Norbert Sporns
Chief Executive Officer
HQ Sustainable Maritime Industries Inc.
Toll Free: 866-907-1757
Fax: 206-621-0318
