updated 11/12/2010 4:15:40 AM ET 2010-11-12T09:15:40

JACKSONVILLE, Fla., Nov. 11, 2010 (GLOBE NEWSWIRE) -- Mariner's Choice International, Inc. (Pink Sheets:MCII), a North American manufacturer of an extensive line of ecologically-safe products for the marine and other industry segments, today announced that it has generated orders at a recent dealer show held in Upstate New York, and an order is in hand from one of the private label partners for the automotive sector. Mariner's Choice sales are gaining momentum.

Morgan Recreational Supply, Inc. ( www.morganrec.com ), one of the distributors, held their annual dealer show over November 1 and 2. Morgan services dealers and marine operators throughout the northeastern regions. They were all feeling buoyant having come off an improved 2010 season and looking forward to the trend continuing into 2011. Mariner's Choice participated with an exhibit booth and took orders for Morgan to process.

Tom Dammrich, President of NMMA, stated at the IBEX Show in September, " ... 'The worst for boating is behind us.' ... Dammrich said that the growth of the US economy should be sustainable in 2011 as a result of improved consumer confidence, turnarounds in three key sectors, and exports rising with a world recovery and competitive dollar ... 'Momentum has shifted upward,' said Dammrich. 'Consumer spending will be up in nine months, and boating will get its share ... '" (Excerpt from IBI Magazine, 28 September 2010.)

As well last week, one of the private label partners placed an order for 140 cases being shipped to a national auto parts distributor. They have pre-sold most of this initial order and it is anticipated that they will be placing their next order within the coming weeks.

Amie Hingston, President and CEO of Mariner's Choice commented, "We are pleased to see an upswing in the sales activities as we approach the end of 2010. There are positive indications that the sales growth will take us into and throughout 2011, as we continue to focus on key opportunities."

About Mariner's Choice International, Inc.

Mariner's Choice manufactures and markets high-performance, ecologically safe commercial, industrial and retail products utilizing leading-edge readily biodegradable technologies. Each product is tested to exacting standards and superior performance levels that often exceed those of comparable products that contain harmful compounds or ingredients. Some of the company's "green" products employ nanotechnology. For more information, please visit www.marinerschoice.net .

Forward-Looking Statements

Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.  Statements made herein regarding the intent, belief or current expectations of Mariner's Choice International, Inc. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today.  Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance.  Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms.  Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.97%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.58%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.40%
13.40%
Cash Back Cards 17.92%
17.91%
Rewards Cards 17.12%
17.11%
Source: Bankrate.com