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Ocean Smart Inc.: Ocean Smart Engages International Investment Consulting Company S.A. for European and International Investor

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  Published in Business and Finance on Wednesday, April 8th 2009 at 5:47 GMT, Last Modified on 2009-04-08 05:48:32 by Market Wire
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GAITHERSBURG, MD--(Marketwire - April 8, 2009) - Ocean Smart Inc., formerly Edgewater Foods International, Inc. (OTCBB: [ EDWT ]), announced today that it has engaged European-based International Investment Consulting Company S.A. to provide strategic public relations, corporate exposure/investor awareness, business modeling and development.

Ocean Smart is the parent company of Island Scallops Ltd. ("ISL"), a Vancouver Island aquaculture company with the largest private marine research hatchery and the first fully integrated shellfish producer in Canada. The Company has developed unique proprietary hatchery technology that significantly increases growth yields while resisting disease, and as such, has virtually no existing competition for these marine species. The Company intends to significantly expand production and distribution over the next twelve to fourteen months.

About Ocean Smart Inc.

Ocean Smart Inc., a Nevada Corporation, is the parent Company of Island Scallops Ltd., a Vancouver Island aquaculture company. Established in 1989, ISL has successfully operated a scallop farming and marine hatchery business for over 20 years. ISL's facilities represent the largest private marine research hatchery and the first fully integrated shellfish producer in Canada.

Ocean Smart is dedicated to the farming, processing and marketing of high quality, high value marine species: scallops and sablefish. Farmed scallops are unique to North America, and Ocean Smart is the predominant producer of both live-farmed Pacific scallops along with its marine hatchery that provides consumers with healthy, environmentally friendly alternatives to the current market. The unique hatchery technologies held by Ocean Smart give it the advantage of being a "Green" environmentally friendly business. For additional information on Ocean Smart, please visit [ http://www.edgewaterfoods.com ].

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices. With respect to Ocean Smart, except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, Ocean Smart's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management.