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China Marine Food Group Ltd. Announces Approval for NYSE Amex Listing

2009-08-03 19:54 571

SHISHI, China, Aug. 3 /PRNewswire-Asia/ -- China Marine Food Group Ltd. (OTC Bulletin Board: CMFO), a processor of seafood-based snack foods and fresh and frozen marine catch, announced today that the Company has been approved for listing on the NYSE Amex exchange. China Marine common stock will begin trading under the symbol "CMFO" on August 10, 2009.

Mr. Pengfei Liu, Chairman and CEO of China Marine, commented, "Our listing on NYSE Amex is a very important step in our development as a public company. As we have announced to our investors throughout the year, listing on NYSE Amex has been a goal of ours in 2009. We are very pleased the exchange has invited us to participate in a marketplace that can increase marketability and liquidity of our shares. As we expand our exposure to new investors, we are confident that our business model and performance will create more value for both current and prospective shareholders."

About China Marine

China Marine Food Group Ltd. processes and distributes seafood-based snack foods, and fresh and frozen marine catch to six provinces in the PRC. Founded in 1994, China Marine has grown steadily and positioned its "Mingxiang" brand as a category leader in 2,200 retail sales points in the PRC. The Company has received "The Famous Brand" and "Green Food" awards. Located in the Fujian province, it is one of the largest coastal provinces in the PRC and a vital navigation hub between the East China Sea and the South China Sea. The Company is committed to the highest standard of quality control with the ISO9001, ISO14001, HACCP certification and EU export registration.

FORWARD LOOKING STATEMENTS

This release contains certain "forward-looking statements" relating to the business of China Marine Food Group Limited and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, concentration in a single customer, raw material costs, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. China Marine Food Group Limited is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

For more information, please contact:

COMPANY

Marco Hon Wai Ku, CFO

Suite 815, 8th Floor

Ocean Centre, Harbour City

Kowloon, HONG KONG

Tel: +852-2111-8768

Email: marco.ku@china-marine.cn

Web: http://www.china-marine.cn

INVESTOR RELATIONS

John Mattio, SVP

HC International, Inc.

56 June Road, North Salem NY

Tel: +1-914-669-5340 (U.S.)

Email: john.mattio@hcinternational.net

Web: http://www.hcinternational.net

Source: China Marine Food Group Ltd.
Related Stocks:
AMEX:CMFO
Keywords: Food/Beverages
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