On February 11, 2008, Aquatic Eco-Systems, Inc., announced the acquisition of Marine Biotech, Inc. Our goal in this merger is to establish a single, industry-leading company that customers can look to for products and services in the aquatics industry. We'll meet this goal by combining the efforts and the expertise of both entities. The merger will allow us to offer the best design and engineering services, products, systems, customer service and support to the pharmaceutical, biomedical research, academic and aquaculture communities.

Both companies will continue to operate "business as usual" with facilities, product lines, sales, customer service and support and contractual obligations with customers remaining in effect and unchanged. All existing product lines will remain in production and be supported into the foreseeable future. Ultimately, the customer will benefit from this merger as we move to jointly develop and offer state-of-the-art products, systems, technologies and services.

This is an exciting time for us all as our unification enables us to better serve customers everywhere.