Neptune Industries, Inc. Announces Completion of Audit, Prepares for Shell Acquisition

Business Wire, March 14, 2005

BOCA RATON, Fla. -- Neptune Industries, Inc. (Pink Sheets - NPNI), Boca Raton, Florida, today released information that the audit of its June, 2004 financial statements has been completed. This clears the way for the pending acquisition of the Move Films, Inc. shell that was announced in December, 2004. The transaction will result in Neptune becoming a fully reporting public company, and sets the stage for a listing on the OTC Bulletin Board.

Neptune President, Ernest Papadoyianis stated, "We are pleased to finally have our audit completed after a delay of over seven weeks. We anticipate completing the Move acquisition within the next two weeks, and immediately filing for a listing on the Bulletin Board. These activities represent a significant move forward in our efforts to further our business model."

Neptune Industries, Inc. is a diversified seafood company specializing in farmed production, processing, distribution, value-added products, and alternative energy technology for worldwide applications. The Company is a leading producer of hybrid striped bass which it markets internationally as "Everglades Striped Bass".

For further information, visit the Company's website at www.neptuneindustries.net or call Sal Cherch at 561-638-5974.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes", "expects", "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.