Patchogue, New York, April 05, 2014 -- On April 1, 2014, Aquasense International Corporation (â€œAquasenseâ€), the U.S. holding company of the affiliate aquaculture company, Aquasense PanamÃ¡, S. de R.L. (â€œASPâ€), entered into discussions with several global seafood companies for the exclusive right to distribute the fish industryâ€™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.