Neptune Industries, Inc. Production Ahead of Schedule - Projects Profitability by September, 2005

Boca Raton, Florida, UNITED STATES

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:

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes", "expects", "anticipates" or 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 the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.


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