AIS Aqua Foods China Joint Venture

NEW PRODUCTS

• Fisherman’s Platter - Pre- Portioned, Breaded, Tilapia fillet, Shrimp, and Scallops

• Hokkaido Scallops - Large sizes 10/20, 20/30, and 30-40 per pound

• Tilapia Blocks - Created for the Fast Food Trade, Breaded Fish Sandwiches

• Private Label Program for US Food Service. Tilapia, Catfish and Calamari

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RETAIL PRODUCTS

• Chinese & Peruvian Calamari (Loligo spp.)
  AIS Aqua Program:
  China: Light Boat Production, and Northern Trawler Production for Highest Quality
  Peru: Loligo gigas, Off season to Chinese Production
  AIS will uses a Vendor Managed Inventory (VMI) program to manage inventory.

• Bay Scallops (Argopecten spp.)
  Chinese bay scallop production stable at 30 to 35 million Pounds per year, volume dependent on spat supply.
  Low Prices in 2000/2004 resulted in smaller production area, 2005, lower density, larger size, 2006 higher density, smaller scallops.
  Harvest 2006, steady volume, price increase, Decreased Availability of 60-80 scallops, and larger 40-60 scallops.
  New AIS Aqua Programs
  Major Player, 2006/2007 will ship 100 + containers, AIS Aqua Exported 8% of Chinese production
  Japanese Scallops, new resource , Processing Facilities, Excellent Price Point to compete with Sea Scallops

• American Catfish Species (Ictalurus punctatus)
  Expanding Production Area, Large New Reservoir Production in Guangxi, existing production, Hubei (Wuhan), Hunan (Changsha)
  Channel Catfish, (Ictalurus punctatus)
  Guangxi, Spring, Summer Production
  Vertical Integration in new Production area’s

• Shrimp (Panaeus vannamei)
  AIS Aqua working with Zhangjiang Regal, New O% Tariff Processor
  China Shrimp Production Characteristics
  High Density Stocking of Pacific White Shrimp (Panaeus vannamei)
  Planned ACC Certification
  High Elevation Production methodology
  Mid Size Production, 26 to 120
  Labor Intensive, P&D, PDTO, Butterfly

• Tilapia (O. nilotica)
  Existing Production, Abundant Supply, Pond Production
  Pond Production Accounts for 95% of Chinese Production
  High Quality, Excellent Price Point
  Live Transport to Plant
  Shallow & Deep Skinned Fillets
  Hainan and Maoming, Guangdong, two largest production area’s

• Hard Shell and Short Neck Clams
  Abundant Supply, Under Utilized Resource
  Purged, Cooked, Easy to Use
  Excellent Taste and Quality
  Good Price Point and Stable Supply
  Hard Clams 11-16 (30%), 17-22 (70%)
  Short Neck Clams 40-50 (40%)
  50-60 (60%)

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