| Neptune Technologies & Bioressources Inc. Increases Sales by 61% for Q1, 2005 |
| Wednesday, October 26 2005 | |||
Neptune Technologies & Bioressources Inc. Increases Sales by 61% for Q1, 2005Laval, Quebec CANADA, October 26, 2005 – Neptune Technologies & Bioressources Inc. (TSX-V: NTB), active in the field of high value-added natural product extraction from marine biomasses, such as krill, is pleased to announce its results for the first quarter ended August 31st, 2005. Neptune shows a fifth consecutive quarter with a positive EBITDA. For the first Quarter ended August 31st 2005, Neptune’s sales and EBITDA reached $1,822,000and $342,000 respectively representing an increase of 61% and 127% from Q1 2004 results. Neptune recorded, for Q1 2005, a loss of $390,000 or $0.015 per share, which is similar to the loss recorded in Q1 2004. The comparable loss is mainly explained by a lower operational cost from last year while the production plant was temporarily closed, and by an increase in Neptune’s commercialization expenses in order to accelerate new market penetration, as well as non-recurring expenses which are adjustments of the accounting value of the granted options and to the leasehold improvement depreciation amounts, encountered during the current quarter. André Godin, C.A., Vice President, Administration and Finance at Neptune Technologies & Bioressources Inc. stated, “The Company maintained its growth trend in both its sales and EBITDA results, it is our fifth consecutive quarter during which Neptune recorded a positive EBITDA.” Godin continued to say, “The management is entirely focused and dedicated to shareholder’s wealth and we are certainly accomplishing value for our shareholders.” This press release is available on the Company's on-line Investor Relations site for investor commentary, feedback and questions. Investors are invited to visit http://www.agoracom.com/ and select the Neptune Technologies Information and Contact Forum, or link directly to it at http://www.agoracom.com/nonmemforum/main.asp?topic=neptune+technologies&tr; Investors are also invited to e-mail any questions regarding the Company directly to This e-mail address is being protected from spambots, you need JavaScript enabled to view it Potential investors may also use this address to request being added to the Neptune Technologies investor e-mail list. Neptune Technologies & Bioressources Inc. https://www.neptunebiotech.com/ FORWARD-LOOKING STATEMENTS:
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