Hollund Industrial Marine To Establish Headquarters In Ukiah California North Cal Facilities to Become Home to Hollund

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.
ir@hollundindustrial.com

SOURCE Hollund Industrial Marine, Inc.



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http://www.hollundindustrial.com/

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