Ocean Biosource Inc. Retains Deloitte & Touche to Enhance and Refine Global Growth Strategy

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FOR IMMEDIATE RELEASE:

Ocean Biosource Inc. Retains Deloitte & Touche to Enhance and Refine Global Growth Strategy

CANADA, Feb. 19 -/E-Wire/-- Ocean Biosource Inc. (OBI) announced today that it has retained Deloitte & Touche, one of the world's leading professional services firms, to provide a full range of business consulting services to assist OBI in achieving its mandate to be the leading provider of specialty proteins and marine bio-products to global markets. "We are pleased to engage Deloitte & Touche to assist us in fine tuning our business model" said Dr. Gary Ternus, CEO, OBI. "Deloitte & Touche's recommendations regarding our business strategy will provide OBI certainty that the organization has the appropriate infrastructure in place and a solid go-to market strategy," added Robert L. Hodgkinson, Chairman.

"Deloitte & Touche plans to evaluate the current OBI business model, and assist in developing an overall strategy map" says Shayne Gregg, Partner, Deloitte & Touche. "We are very interested in this organization because of its potential to commercialize proprietary biotechnologies for growth in important new global markets".

About Ocean Biosource Inc. Ocean Biosource Inc.(www.oceanbiosource.com) supplies customers from around the world with high quality specialty marine bio-products that have proven their value in the marketplace. The Company's bioprocesses are specifically designed and engineered to focus on aqua feed markets, organic fertilizer markets and as specialty animal feed peptides. OBI's proprietary technology solves current environmental concerns of the global fish processing industry and meets EPA standards for pollution elimination allowing effective 100% production utilization.

About Deloitte & Touche

Deloitte & Touche (www.deloitte.ca) is one of Canada's leading professional services firms, providing a full range of assurance and advisory, tax, and management consulting services through 5,400 people in more than 44 locations across the country. Our firm's professionals have been developing effective business solutions for Canadian and international companies for more than 150 years. We are dedicated to helping our clients and our people excel, and have been recognized as one of the 35 best companies to work for by the Globe and Mail's Report on Business magazine. Deloitte & Touche is part of Deloitte Touche Tohmatsu, a global leader in professional services with more than 92,000 people in over 130 countries.

Ocean Biosource Inc.

About Ocean Biosource Inc., please contact: Robert L. Hodgkinson, Chairman, (604) 684-6886; About Deloitte & Touche, please contact: Shayne Gregg, Partner, (604) 640-3261

http://http://www.oceanbiosource.com

http://http://www.deloitte.ca

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