AgriMarine Joins Salmon Industry Experts At Boston Seafood Show

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Source: Marketwire

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/18/11 -- AgriMarine Holdings Inc. (the 'Company' or 'AgriMarine') (TSX VENTURE: FSH)(FRANKFURT: A2G)(OTCQX: AGMHF), the leader in floating closed containment technology and production for sustainable aquaculture, is pleased to announce its attendance and participation at the International Boston Seafood Show taking place on March 20-22, 2011 at the Boston Convention and Exhibition Center.

Phil Fitzpatrick, Senior Advisor at AgriMarine has been invited to present during the Salmon Summit being held on Monday, March 21st at 12:30pm. The panel of industry experts will discuss the issues surrounding the sustainability, health aspects and marketing of salmon, one of the world's most popular fish. Commenting on the opportunity to reach a large and knowledgeable audience, Phil Fitzpatrick remarked, 'Commercial scale-up of new technology will lead to change and improved farming practices. AgriMarine is strategically positioned in this new frontier as major customers commit to sustainable seafood policies and are demanding improvements to current farming practices'.

'This show is an international platform where the seafood industry comes together to network, identify trends and learn about the latest in seafood technology and products,' said Mary Larkin, Vice President of Seafood Expositions.

Since 1982, The International Boston Seafood Show has attracted thousands of seafood professionals from more than 130 countries, making it the largest annual seafood show in the United States. Attendees include buyers from leading restaurants, hotels, resorts, institutions, seafood markets and supermarkets, as well as distributors/wholesalers, processors, importers, exporters, brokers and traders. The show features approximately 870 exhibitors in more than 1,700 booths representing all facets of the seafood industry including fresh, frozen, live, value added, branded and private label, as well as processing equipment and services ranging from machinery to refrigeration.

For additional information regarding the 2011 International Boston Seafood Show/Seafood Processing America, please visit www.bostonseafood.com

About AgriMarine Holdings Inc.

AgriMarine has developed and commercialized proprietary floating closed containment technology to produce salmon sustainably in its farms in Asia and North America. The technology can be applied worldwide for the rearing of other finfish such as trout, tuna, and yellow croaker. AgriMarine's technology resolves many of the environmental issues created by present net cage rearing practices and meets consumer and retailer demands for sustainable aquaculture while protecting the environment.

Forward-Looking Information

Information set forth in this news release may involve forward-looking statements. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as 'anticipate', 'believe', 'plan', 'estimate', 'expect', and 'intend', statements that an action or event 'may', 'might', 'could', 'should', or 'will' be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with marketing and sale of securities; the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; and the volatility of common share price and volume. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
AgriMarine Holdings Inc.
Alexia Helgason
Media Relations
(604) 728-4407 or (604) 568-4672
alexia@agrimarine.com

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