Ocean Bio-Chem, Inc. Reports Two Key Products Aiding Victims of
Hurricane Sandy; Sales Increases Reported
FORT LAUDERDALE, FL -- (Marketwire) -- 11/28/12 -- Ocean Bio-Chem,
Inc. (NASDAQ: OBCI), a leading manufacturer and distributor of
appearance, performance, and maintenance products serving the marine,
automotive, power sports, recreational vehicle and outdoor power
equipment markets, said today that two of its most popular products,
MDG Mold Odor Control Systems and Salt Off with PTEF(R), can be
extremely useful to defeat the devastation Hurricane Sandy caused in
boats and cars and also in homes and offices.
"Flood conditions can cause moldy, foul odors and corrosion from
exposure to salt," said Gregor M. Dornau, Ocean Bio-Chem Executive
Vice President - Sales & Marketing. "Salt Off with PTEF(R) is
formulated to remove salt deposits from any non-porous surface,
leaving behind a protective PTEF polymer barrier to help repel salt.
It is ideal for restoring any metal surfaces that have been exposed
to salt water, including boats, cars, motorcycles, trucks as well as
all other metal surfaces. The biodegradable, non-toxic formula will
not harm the environment and is safe for use around people and pets.
It will not harm painted surfaces nor fiberglass, plastic, rubber or
"MDG Mold Odor Control is an U.S. Environmental Protection
Agency-approved, patented process which utilizes an extremely
effective, deep-penetrating chlorine dioxide vapor to permeate
throughout an enclosed area in order to completely eliminate any
existing foul smell or odor. It is available in a Slow Release
version that ensures indoor air quality for up to 3 months, as well
as a Fast Release system that works overnight and is very well suited
to restore cars, homes, and other enclosed areas. This safe
technology has been used for years in hospitals, food processing
plants, hotels and other places to eliminate and prevent foul odors,"
Mr. Dornau said.
In addition, the Company has stepped up marketing its StarTron fuel
treatment products for use in all diesel and gas powered equipment
used in the cleanup efforts. The product, the only enzyme based fuel
treatment on the market, helps effectively eliminate the water
buildup in ethanol based fuels.
"We do see an
increased demand for our products currently in the
Northeast and we plan to continue our marketing efforts in this
region," said Peter Dornau, CEO. "This is not a matter of taking
advantage of a bad situation but rather is aiding people who are
looking for solutions to help them forget the devastation of 'Sandy.'
Ocean Bio-Chem made a corporate contribution to the American Red
Cross, and numerous cash and product donations to local relief
organizations, to further assist people harmed by this massive
For more information about Ocean Bio-Chem products, call (800)
327-8583 or visit www.starbrite.com
About Ocean Bio-Chem, Inc.:
Ocean Bio-Chem, Inc. is principally engaged in the manufacturing,
marketing and distribution of a broad line of appearance and
maintenance products for boats, recreational vehicles, automobiles,
power sports, outdoor power equipment and motorcycle markets under
the Star brite(R) StarTron(TM) and other trademarks within the United
States of America and Canada. In addition, the Company produces
private label formulations of many of its products for various
customers and provides custom blending and packaging services for
these and other products.
The Company trades publicly under NASDAQ Capital Markets, Ticker
The Company's web sites are: www.oceanbiochem.com, www.starbrite.com
Certain statements contained in this
Press Release including without limitation expectations as to future
sales and operating results, constitute forward-looking statements.
For this purpose, any statements contained in this report that are
not statements of historical fact may be deemed forward-looking
statements. Without limiting the generality of the foregoing, words
such as "believe," "may," "will," "expect," "anticipate," "intend,"
"could" including the negative or other variations thereof or
comparable terminology are intended to identify forward-looking
statements. These statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Factors that may affect these
results include, but are not limited to, the highly competitive
nature of our industry, reliance on certain key customers, changes in
consumer demand for marine, recreational vehicle and automotive
products, advertising and promotional efforts, exposure to market
risks for changes in interest rates and in foreign exchange rates,
and other factors.
CEO and President
Vice President & CFO
E & E Communications
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