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"HQ Sustainable is one of only a handful of tilapia producers in the world to receive this certification," said William R. More, ACC vice president and director, referring to the Best Aquaculture Practices (BAP) standards for tilapia developed by the Global Aquaculture Alliance.
Mr. More explained that compliance with BAP standards is becoming essential to many retail and food service buyers such as Wal-Mart, who are now requiring that their seafood providers meet independent, third-party qualification to ensure product quality. "We congratulate HQS on this achievement and for leading the industry by example. We encourage consumers to look for ACC-certified aquaculture products as a measure of security and peace of mind," Mr. More concluded.
Norbert Sporns, president and CEO of HQS, added, "HQ Sustainable's commitment to quality must be part of an industry-wide effort to educate the public to the choices available. The establishment of reliable standards, monitored and certified by influential groups like the ACC, validates our commitment to quality and helps HQS in the rollout of its all natural brands, including 'Lillian's Health Gourmet' and 'TiLoveYa'(R), throughout the United States and Europe."
"Sustainable aquaculture practices are environmentally responsible and could help mitigate the potential collapse of ocean fisheries. Aquaculture is already augmenting the global seafood supply and will continue to grow with demand," Mr. Sporns concluded.
The HQ Sustainable grow out facilities and plant in China are certified annually in accordance with U.S. HACCP quality control regulations, as required by the U.S. Food and Drug Administration (FDA) and the European Economic Community (EU) Code assignment of quality, permitting its products to be sold in these international markets. HQS's nutraceutical plant also has a certification of Chinese Good Manufacturing Practice (GMP). In addition, China has developed an advanced quality monitoring standard for aquaculture management for all exported products which has been made even more demanding through recent Food Safety Legislation.
HQ Sustainable uses an all natural method which is now extended to its feed produced in its recently completed feed mill. Prior to harvesting, HQS conducts its own testing in addition to efforts by the China Inspection Quarantine (CIQ), which adhere strictly to the FDA requirements for tilapia. Furthermore, HQS trains its cooperative farmers to meet polyculture all natural standards and monitors these standards rigorously.
About the ACC
The Aquaculture Certification Council, Inc. is a nongovernmental body established to certify social, environmental and food safety standards at aquaculture facilities throughout the world. This Missouri nonprofit, nonmember public benefit corporation applies elements of the Global Aquaculture Alliance Responsible Aquaculture Program (http://www.gaalliance.org/resp.html) in a certification system that combines site inspections and effluent sampling with sanitary controls, therapeutic controls and traceability.
Part of ACC's mission is to help educate the aquaculture public regarding the benefits of applying best management practices and the advancing scientific technology that directs them. By implementing such standards, program participants can better meet the demands of the growing global market for safe, wholesome seafood produced in an environmentally and socially responsible manner.
Aquaculture Certification Council, Inc. offers a primarily "process" certification with an orientation toward seafood buyers. Successful participation in the Best Aquaculture Practices program is visually represented by limited use of the BAP certification mark (http://www.aquaculturecertification.org).
ACC currently certifies tilapia processing plants, shrimp hatcheries, farms and processing plants. In the future, feed mills will be incorporated into the certification program. Once certification is fully established for tilapia and shrimp, other species will also be included.
About HQ Sustainable Maritime Industries, Inc.
HQ Sustainable Maritime Industries, Inc., headquartered in the United States, is an integrated aquaculture and aquatic product processing company, with production facilities in Hainan, PRC. HQS also uses North American based production facilities for its new line of meal products. HQS practices cooperative sustainable aquaculture, using nutraceutically enriched feeds and produces and markets its products. The company is dedicated to sustainable all natural 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 international markets. The Aquaculture Certification Council, Inc. (ACC) certified that tilapia processing standards met Best Aquaculture Practices, and the Chinese government gave organic certification to the Company's tilapia production, processing, labeling, marketing and management system. The Company owns a nutraceuticals and health products subsidiary, which is HACCP and GMP certified, and produces and sells products subject to stringent laboratory tests certified by the China Ministry of Health. The Company has recently completed a 100,000 Metric Tonne annual production extruded Feed Mill with state-of-the-art extruded feed production equipment. This feed is highly efficient and is sold to the market and used by HQ's cooperative farmers. In addition to headquarters in Seattle, HQ has operational offices in Wenchang, Hainan. The Company's website is: http://www.hqfish.com.
Safe Harbor Statement
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."
Jeffrey Goldberger KCSA Strategic Communications 212-896-1249 Email Contact Yemi Rose KCSA Strategic Communications 212-896-1233 Email Contact
SOURCE: HQ Sustainable Maritime Industries Inc.
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