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Neptune Industries, Inc. Investigates Cooperative Bio-Technology Relationship With Mississippi State University

Thursday, February 1, 2007

Neptune Industries, Inc. Investigates Cooperative Bio-Technology Relationship With Mississippi State University

Neptune Industries, Inc. has begun discussions with Mississippi State University to begin research and development trials on the company's advanced dietary nutritional component, Ento-Protein(TM) a high-quality, sustainable protein derived from insects, and utilized as a suitable replacement for fishmeal in fish and animal diets.

Mr. Ernest Papadoyianis, President, stated: "In our continuing efforts to bring our patent-pending Ento-Protein(TM) to market, Mr. Sal Cherch, COO, and I recently visited Mississippi State University. MSU's Entomology Department is renowned as a leader in insect rearing, insect nutrition and facilities engineering. Dr. Frank Davis, Professor Emeritus, at the University was our host. Dr. Davis, formerly with the USDA, has traveled the world lecturing on entomology and designing insect rearing facilities. We were very pleased in the warm reception we received and the great interest level in our project. We have now developed a three-phase action plan which will involve the research, pilot production, and design of an automated commercial facility. The plan is to move forward in the development of both feed and rearing protocols with the University acting as the research arm. We regard this visit as a giant step forward in bringing Ento-Protein(TM) to market."

Based in Boca Raton, Florida, Neptune Industries, Inc. has developed a scalable, modular aquaculture technology called Aqua-Sphere(TM) and Aqua-Cell(TM) that successfully address the environmental concerns of most aquaculture operations by controlling and recycling all waste products, while insuring the production of the highest quality fish at an affordable price.

The company currently operates the Blue Heron Aqua Farms in Florida City, FL and is a leading producer of hybrid striped bass, which it markets internationally as Everglades Striped Bass(TM). The company's current production at its Blue Heron farm, and future production with Aqua-Sphere(TM) System technology are intended to target the organic market once such certification is available.


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