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HQ Sustainable Maritime Provides Feed Mill Operations Update

Economics +1 more

US - 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, has provided an expanded feed mill operations update.

According to, the company began generating revenue from the feed mill operations in the fourth quarter of 2009 after a successful sales outreach to the cooperative farming community and a positive response from the production of sample feed during the previous period. Additionally, recent ISO 9001 and 22000 certifications for both the seafood and feed mill plants further reflect the Company's focus on superior product quality and food safety management.

"We are pleased by the response from our new clients. These clients include buyers from domestic and international production areas. HQS' state-of-the-art feed mill operations provide us with superior, all-natural, vitamin enriched feed, enhancing the quality of the aquaculture biomass produced for our fish and personal healthcare products," said Norbert Sporns, HQ Sustainable Maritime's President and Chief Executive Officer. "We executed on our product quality and food safety goals. We continue to achieve greater supply chain efficiencies as we execute on our strategic growth initiatives in 2010 and beyond."

The Company expects to announce fourth quarter and full year 2009 financial results during March of 2010.

ISO 9001 is the internationally recognised standard for the quality management of businesses. It applies to the processes that create and control the products and services an organisation supplies. It prescribes systematic control of activities to ensure that the needs and expectations of customers are met. It is designed and intended to apply to virtually any product or service, made by any process anywhere in the world.

ISO 22000 specifies requirements for a food safety management system where an organisation in the food chain needs to demonstrate its ability to control food safety hazards in order to ensure that food is safe at the time of human consumption. It is applicable to all organisations, regardless of size, which are involved in any aspect of the food chain and want to implement systems that consistently provide safe products.