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HQSM & Newly Weds(R) Foods Develop "Sea Flavor" Tilapia; Imitates Taste, Texture and Aroma of Fresh Ocean-Caught Fish

"TiLoveYa(TM)" All Natural Sea-Flavored Tilapia Blocks and Fillets to Hit the Market

HQ Sustainable Maritime Industries, Inc. (AMEX: HQS), a leader in toxin-free integrated aquaculture and aquatic product processing and the Beijing division of Newly Weds® Foods Inc. announced today that they have signed a Joint-Development Agreement, after having co-developed a process and natural flavoring giving tilapia the taste, texture and aroma of fresh ocean-caught fish.

The product is being produced in block and fillet format, catering to both retail and service industry applications of HQ's branded "TiLoveYa™" tilapia. The new product has successfully met sensory testing with a variety of industry leaders anxious to access a quality-farmed supplement to dwindling ocean-sourced product.

The new product line responds to industry demand for a range of products that better imitate "sea flavor" fish without the drawbacks of ocean-caught product. HQ's "TiLoveYa™" tilapia has the following advantages over ocean-caught fish:

HQ's Pond Raised Solutions

--  Farmed tilapia is 100% sustainable and does not deplete our oceans of
    its crucial bio-diversity. If we do not change current consumption
    practices many are predicting disaster by 2048 (See National Geographic at
    http://news.nationalgeographic.com/news/2006/11/061102-seafood-threat.html).
--  Farmed product allows for "just-in-time" delivery to service industry
    and retail consumers, unlike limited and often seasonal ocean production
    from such dwindling species as Pollock.
--  HQ's pond environment controls inflow and outflow of water avoiding
    the need for any prophylactic use of antibiotics.
--  Natural pond-grown algae provide excellent feed supplements where
    adequate quantities of dissolved oxygen are present, which eliminates any
    off-flavor from anaerobic algae cultures.
--  HQ's poly-species approach mimics nature by introducing natural bottom
    feeder fish and predator fish to maintain the pond eco-system.
--  Tilapia are herbivores and no fishmeal need be added to tilapia feed
    which could possibly introduce ocean-sourced pollutants such as heavy
    metals, PCBs or dioxins. Pond stability provides favorable feed conversion
    rates over cage-raised tilapia.
--  Finally, ponds are located away from mangrove swamp areas to preserve
    crucial natural habitat, and used pond water provides valuable natural
    nutrients to neighboring farmers' fields instead of being released into
    waterways providing downstream concerns to other waterway users.
    

The Global Aquaculture Alliance, the World Aquaculture Society and most recently the World Wildlife Federation (WWF) (see http://worldwildlife.org/cci/dialogues/tilapia2.cfm) have increased their study of aquaculture techniques in response to growing interest in aquaculture. This is in response to NGO, consumer and industry concerns, led by such large retailers and service industry providers as Wal-Mart and McDonald's.

Trond Ringstad, Executive VP Marketing and Sales of HQ Sustainable Maritime, said, "Expanding our product line to include high-quality value-added products is greatly facilitated by working with a world leader in natural flavor technologies such as Newly Weds® Foods. This innovation will directly impact on profitability and bring more character to the range of our products."

About Newly Weds® Foods (Beijing) Inc. (China)

In the food processing and foodservice industries, Newly Weds® Foods is recognized as a premier global purveyor of Customized Taste Technology. The company has a global reach, with 16 state-of-the-art plants and 12 regional laboratories. It is number one in the world in food coatings and a leader in formulated seasonings. Its national account focus and commercial processing expertise make it a prime partner to develop flavor preparations in connection with HQ. For more information consult its global web site at http://www.newlywedsfoods.com/.

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 practices cooperative sustainable aquaculture, using nutraceutically enriched feeds and conducting fish processing and sales. The company is dedicated to sustainable toxin-free 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 these international markets. It owns a nutraceuticals and health products company, which is HACCP and GMP certified, and produces and sells products subject to stringent laboratory tests certified by the China Ministry of Health. This GMP certified plant produces nutraceuticals, which enrich feed used by HQ's cooperative aquaculture operations. In addition to headquarters in Seattle, HQ has operational offices in Haikou, Hainan. (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 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."