Hollund Industrial Marine To Establish Headquarters In Ukiah California

   Hollund Industrial Marine To Establish Headquarters In Ukiah California

North Cal Facilities to Become Home to Hollund

PR Newswire

BLAINE, Wash., Nov. 15, 2012

BLAINE, Wash., Nov. 15, 2012 /PRNewswire/ --Hollund Industrial Marine, Inc.
(PINKSHEETS: HIMR) ("Hollund" or the "Company") announced today that the
Company has made arrangements with North Cal Wood Products to open Hollund's
main offices on the property that North Cal currently owns and operates.

"We strongly believe that by establishing our headquarters in California, we
will strengthen and solidify the working relationship between Hollund and
North Cal," stated Peter Meier, President of Hollund. "The executives at
North Cal are knowledgeable lumbermen with over 60 years of combined
experience in nearly every facet of the lumber industry. This will prove to
be of great benefit to Hollund as this move will offer our executives an
excellent built-in support system."

Operating within this type of working proximity should present Hollund with a
unique opportunity to accelerate the strength of its core competencies, expand
its repertoire and more readily secure additional revenue opportunities.
Hollund's management is excited about this move, as well as its continuously
evolving relationship with North Cal; citing this as just another step toward
the ultimate vision.

About Hollund Industrial Marine, Inc.

Headquartered in Blaine, WA, Hollund Industrial Marine Inc. (Pink Sheets:
HIMR) seeks to align the interests of businesses, communities, utilities and
governments by offering an integrated business model for underwater forest
management. Hollund's model – including resource and needs assessment,
permitting, environmental and project planning, logging, milling, product
branding and sales adds value for our shareholders, our partners and reservoir
based communities.

This news release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 (the "ACT"). In
particular, when used in the preceding discussion, the words "estimated,"
"believe," "optimistic," "expect," and similar conditional expressions are
intended to identify forward-looking statements within the meaning of the ACT
and are subject to risks and uncertainties, and actual results could differ
materially from those expressed in forward-looking statements. Such risks and
uncertainties include, but are not limited to, unfavorable market conditions,
increased competition, limited working capital, and failure to implement
business strategies, actions by regulatory agencies, and other risks.

For investor relations:
Sheldon Romain
Hollund Industrial Marine, Inc.

SOURCE Hollund Industrial Marine, Inc.

Website: http://www.hollundindustrial.com/
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