Patchogue, New York, April 05, 2014 -- On April 1, 2014, Aquasense International Corporation (“Aquasense”), the U.S. holding company of the affiliate aquaculture company, Aquasense Panamá, S. de R.L. (“ASP”), entered into discussions with several global seafood companies for the exclusive right to distribute the fish industry’s first ever farm-raised, saltwater red tilapia products in the U.S.A. market.
Under the distribution agreement, ASP will supply, initially, an estimated 500 tons of ocean farmed tilapia annually to be distributed to high-end U.S. retailers and gourmet chefs, starting as early as next year and by the end of the first project phase, 6,000 tons. All product will consist of sustainably farm-raised red tilapia, grown in open-ocean and eco-friendly production systems, located in pristine waters off the Pacific coast of the Republic of Panama. The produce will be offered only fresh, whole and filleted.