BOCA RATON, Fla., Nov. 8, 2005 (PRIMEZONE) -- Neptune Industries, Inc. (Pink Sheets:NPDI) said today that operations at its Blue Heron Aqua Farms site in Florida City, Florida had weathered two substantial storms with minimal production damages.
Sal Cherch, COO stated, "We are extremely pleased with the overall resiliency of our farm in surviving the severe winds and flooding from hurricanes Wilma and Katrina. Our entire staff responded quickly and efficiently both in their preparation for the storms, as well as to resuming operations following the storms. The farm, which has been without electrical power since October 24th, continues to operate using standby generators and oxygen systems. The inventory and primary production infrastructure sustained minimal damage from the storms, while secondary structures suffered to a greater degree. Within 48 hours of Wilma's more than 100+ MPH winds, operations resumed. All of our emergency planning, the installation of three sophisticated backup systems and having qualified staff who live on-site proved extremely beneficial. The object of our emergency plans has always been geared to minimize inventory loss, and the capability in quickly restoring operations. We have achieved that objective."
Based in Boca Raton, Florida the Company currently operates the Blue Heron Aqua Farm site in Florida City, Florida, one of the nations leading producers of Hybrid Striped Bass marketed internationally as "Everglades Striped Bass". In addition, the Company is in the process of completing final testing on its patent pending, scalable, modular aquaculture technology known as the SAFE System (Solar powered Aquaculture Finfish Environment) that successfully addresses the concerns for a clean environment and the highest quality seafood at an affordable price.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes", "expects", "anticipates" or 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 the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
For further information, please visit the Company's website at: www.neptuneindustries.net