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Typhoon Damrey Spares HQSM

Everyone Is Safe

HQ Sustainable Maritime Industries, Inc. (HQ) (OTC BB: HQSM), a Delaware corporation engaged in integrated aquaculture and aquatic product processing expressed its condolences to those lost to Typhoon Damrey. Management has been in constant contact with employee families to ensure that everyone was safe and to see what the company could do for families caught by the storm.

HQ announced today that it has suffered no injuries to personnel and only minor plant damage from the worst typhoon to hit Hainan in the last 30 years. Typhoon Damrey took out several windows and a temporary hangar. Insurers were very rapid in assessing and paying for the damage. Production has resumed after a three day stoppage since fish farmers fled in advance of the storm. The plant's back-up power generators were required during the ordeal. Things are getting back to normal now.

Said HQ CEO, Norbert Sporns, "Hurricanes and typhoons are very much in the news of late and our hearts are with those who have lost loved ones due to these terrible events. The death toll from Typhoon Damrey is over 74 and climbing as it continues into Vietnam. The aquaculture industry is less affected by these events than the traditional fishery. Aquaculture produced shrimp and Tilapia are capable of meeting demand where traditional fisheries are in decline due to over fishing, pollution or natural calamity."

"This point has been driven home by various internet-based commentators such as the Microcap Speculator (See http://themicrocapspeculator.blogspot.com/) and we thank them for their concern and encouragement"

About HQ Sustainable Maritime Industries, Inc.

HQ Sustainable Maritime Industries, Inc. is an integrated aquaculture and aquatic product processing company, with operations based in the environmentally pristine island province of Hainan, in the South China Sea. HQ's activities include using renewable ocean resources, practicing cooperative sustainable aquaculture, using nutraceutically enriched feeds and conducting fish processing and sales. Its variety of farmed and ocean-harvested products -- ranging from tilapia and shrimp to squid and red snapper -- are sold around the world. The Company holds HACCP certification from the U.S. FDA and the EU Code assignment of quality, permitting its products to be sold in these international markets. It has recently acquired a nutraceuticals and health products company, which is HACCP certified, and produces and sells products subject to stringent laboratory tests certified by the China Ministry of Health. This plant produces nutraceuticals, which enrich feed used by HQ's cooperative aquaculture operations. In addition to operational offices based in Haikou, Hainan, HQ has offices in Montreal, Hong Kong, New York City, Beijing, and Shanghai. (http://www.hqfish.com)

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 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."

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