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Frost & Sullivan Commends Ocean Harvest Technology Ltd. For Its Entrepreneurial Leadership

"The company's offering for the salmon fish feed segment improves the fish farm environment as it has all bioactive components which improve the immunity of the fish, improves growth and combats sealice infections". "OceanFeedTM enables salmon to be reared naturally and is extremely cost effective compared to other feed equivalents."

A recent breakthrough by the company in pig farming using Oceanfeed-pig has demonstrated a 50% reduction in antibiotic use and a replacement of paylean while maintaining growth and FCE and a lower mortality rate.Similarly in shrimp farming OHT has now demonstrated to have developed an effective product against white spot viral disease based on seaweed technology. White spot is a viral disease that kills 80-100% of the shrimp harvest and is damaging the shrimp cultivation industry in Asia at a large scale.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in growth strategy and growth implementation. The company is also lauded for the degree of innovation with its products and technologies, its leadership in customer value and the speed of its response to market needs.

Frost & Sullivan Best Practices awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Ocean Harvest Technology Ltd.

Ocean Harvest Technology is a Canadian registered company. Founded in 2005 by Patrick Martin and Dr Stefan Kraan, it operates through its wholly owned Irish, Vietnamese, Singaporean and Australian subsidiaries.

Ocean Harvest Technology is a pioneering animal feed company with a portfolio of marine-based, patent-protected products capable of replacing all of the synthetic ingredients found in many of the aquaculture and animal feeds in the market.

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