BOCA RATON, Fla., April 7, 2005 (PRIMEZONE) -- Neptune Industries, Inc. (Pink Sheets:NPNI) today released information that the inventory of its Blue Heron Aqua Farms, LLC subsidiary is well ahead of its projected time-to-market. In early November, the company's first expansion phase was stocked with inventory and was projected to be saleable in late June. These crops will now be market ready in April.
Neptune's COO, Sal Cherch added, "We are very pleased at the increased growth and survival of our inventory in our newly employed nursery expansion. Both parameters have far exceeded our expectations. The impact of these crops coming to market early, coupled with the overall increase in saleable product, is anticipated to bring our operating subsidiary to a point of profitability during the 4th quarter of this year."
Neptune Industries, Inc. is a diversified seafood company specializing in farmed production, processing, distribution, value-added products, and alternative energy technology for worldwide applications. The Company is a leading producer of hybrid striped bass which it markets internationally as "Everglades Striped Bass."
For further information, visit the Company's Web site at: www.neptuneindustries.net
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