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Boating Headlines
2/27/2001
Global Seafood Technologies Inc. to Market Motion Sickness Aid
BILOXI, Miss., Feb. 27 /PRNewswire/ -- Killer Bee Bait a subsidiary of
Global Seafood Technologies Inc. (OTC Bulletin Board: GSFT) will market motion
sickness relief bands with the Killer Bee brand throughout the United States
under an agreement with Woodside Biomedical, Calif., Brent Gutierrez, Global
Seafood's president and CEO announced today.
"We believe a vast untapped market of potential recreational fishers
exists. These would-be fishermen are landlocked by motion sickness, or more
commonly, seasickness," said Gutierrez. "Our Killer Bee subsidiary already
supplies frozen saltwater bait to more than 600 corporate and independent
outlets. So, this is a natural extension of our brand-building strategy to
market complementary non-bait products alongside the bait products."
Woodside Biomedical developed the pharmaceutical device to alleviate
nausea. The bands, worn on the wrist, will produce nerve impulses to
eliminate nausea. They have proved effective in up to 80 percent of its
users, especially when treating pregnancy induced morning sickness. Killer
Bee will expand the product's marketing by offering relief of the nausea
symptoms commonly called "seasickness" to the recreational fishing industry.
Beginning with Boater's World outlet in the southeast, the bands will be sold
in two varieties: a disposable band with a 144-hour life, and a band that
uses replaceable batteries.
Global Seafood Technologies is the largest individual quick freeze (IQF)
shrimp processor in the United States. Global Seafood's subsidiary, Custom
Pack, processes and packages shrimp for many of the nation's largest seafood
chains and grocery outlets. In addition, the company is expanding its
aquaculture activities with freshwater shrimp production. The company markets
bait to the recreational fishing industry through its Killer Bee Bait
subsidiary. The company website, www.globalsea.com offers more detailed
information. For investor relations call 813-908-8536.
This press release contains certain forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are based on management's
current expectations of beliefs and are subject to a number of factors and
uncertainties that could cause actual results, levels of activity, performance
or achievements to differ materially from those described.
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