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Positive Results for HQ Sustainable Maritime Industries

CHINA - HQ Sustainable Maritime Industries, Inc., have announced an operational update which boasts positive figures.

Norbert Sporns, Chief Executive Officer of HQ Sustainable Maritime Industries, Inc., has said that he is extremely pleased with the positive level of business activity that the company have achieved thus far in the third quarter.

"Operationally, we are performing at a very high level, which we attribute to both an increase in our production capacity and a stabilization in Tilapia pricing. Worldwide demand for our aquaculture and health products remains strong and we are confident that our expansion efforts will enable us to more efficiently and effectively meet this demand."

A company reports notes that the intended 50% Tilapia production capacity increase is fully operational since training of new workers was completed in August 2008, increasing the Company's overall work force.

Meanwhile, "Urner Barry Seafood Price-current" reports Tilapia sales prices spiked during the second quarter and have stabilized in the third quarter.

Production of higher margin organic and value added products continues; The Feed Mill nears completion and sales of feed are to commence before year end, whilst expansion of product marketing to new markets in Europe for Seafood products and health products continues.