FORT LAUDERDALE, Fla., Sept. 30, 2011 (GLOBE NEWSWIRE) -- Brownie's Marine Group, Inc. (OTCBB:BWMG) announced that while it ordinarily does not comment on market activity or market rumors, it knows of no material corporate development to account for the unusual trading activity in its common shares.
Robert Carmichael, Brownie's CEO commented "Our products and business plans continue to develop in a challenging market space. A review of our web site, market potential and products should influence the confidence level of our supporters and create a more clear understanding of our strategies, values, and resources."
About Brownie's Marine Group, Inc.
Brownie's Marine Group, Inc. and its wholly owned subsidiary, Trebor Industries, Inc., d/b/a Brownie's Third Lung, based in Fort Lauderdale, Florida designs, tests, manufactures and distributes recreational hookah diving, yacht based scuba air compressor and Nitrox Generation Systems, and scuba and water safety products. The Company is a leading developer, manufacturer and distributer of highly specialized dive and safety products. The Company sells its products both on a wholesale and retail basis and is comprised of three highly specialized dive product groups. The Company is an industry leading manufacturing and distribution company that serves middle income boat owners, higher income yacht owners, recreational divers, military operators and public safety personnel. The Company holds more than ten patents and enjoys a robust product development and intellectual property program that has yielded several proprietary products. Many of these products and innovations have become the "standard" for the marine industry. The Company is known for its meticulous devotion to detail, high quality production and design ingenuity. In the boating and diving community, Brownie's is known as the market leader when it comes to surface supplied "Third Lung" dive systems and Scuba Tankfill Systems for yacht-based diving. Brownie's products and support service divers at all levels of the underwater world, from shallow-water dive systems to deep-water mixed gas support systems for exploration divers and submariners.
In 2010, Brownie's introduced the first in a series of patent-pending Variable Speed Battery Powered Third Lung (hookah diving) devices engineered to conserve energy while delivering performance to the diver up to 3-times that of the nearest competitor. For more about Brownie's www.browniesmarinegroup.com.
http://www.facebook.com/BrowniesMarineGroup
http://www.browniesmarinegroup.com/blog/
Contact: Robert Carmichael
Email: robert@browniesmarinegroup.com
Brownie's Marine Group, Inc. +1 954 462 5570 ext 202
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