Saturday, June 9, 2007

tokyo stock exchange

HQ to Move to American Stock Exchange

SEATTLE, WA -- (MARKET WIRE) -- May 14, 2007 -- HQ Sustainable Maritime Industries, Inc. (OTCBB: HQSB), a leader in toxin-free integrated aquaculture and aquatic product processing, was notified that its application for listing on the American Stock Exchange has been approved. The trading of HQ's common stock is expected to begin May 17th, 2007, under the trading symbol HQS. The company's common stock will continue trading on the Over-The-Counter Bulletin Board System under the symbol "HQSB" until the move is complete. This approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards.

"HQ is very pleased to take this step and be listed on the American Stock Exchange," said Norbert Sporns, chief executive officer.

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