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BLAINE, Wash., April 17, 2013 /PRNewswire/ -- Hollund Industrial Marine, Inc.

(PINKSHEETS: HIMR) ("Hollund" or the "Company") announced today that on the

evening of April 15th, 2013, the Company made a voluntary filing of its Annual

Report with OTC Markets; while looking to begin the auditing process within

the 3rd QT of this year.

"This filing was unlike any other for us," stated Peter Meier, President of

Hollund. "While we are generally timely with our filings, given our current

ambition, we thought it appropriate to take a bit more care and diligence to

help ensure an easier transition from 'voluntary' filings to 'SEC required'

filings."

As mentioned in October 2012, the company sought to eventually obtain a PCAOB

audit and file with the SEC. According to management, the company still intends

to pursue 'up-listing' within the year, should certain key opportunities come to

fruition.

Mr. Meier continued, "February was initially considered to be our transitioning

period to the PCAOB audit. However, this past filing was an eye opener to our

true potential. Today we feel much more prepared to formally commence the

up-listing process sometime within the third quarter of the year. We expect

this event to be proceeded by two major accomplishments."

Management has indicated that its South American Project Development Team has

made considerable strides in securing concessions in Latin America. With

concessions "come financing opportunities," said Meier.

Meier concluded, "Should the preliminary study of the targeted asset prove

positive, we believe that funding will shortly follow. Should this be the case,

then our up-listing will be accompanied by considerable opportunity and value

for our shareholders."

About Hollund Industrial Marine, Inc.

Headquartered in Blaine, WA, Hollund Industrial Marine Inc. (Pink Sheets: HIMR)

seeks to align the interests of businesses, communities, utilities and

governments by offering an integrated business model for underwater forest

management. Hollund's model - including resource and needs assessment,

permitting, environmental and project planning, logging, milling, product

branding and sales adds value for our shareholders, our partners and reservoir

based communities.

This news release contains forward-looking statements within the meaning of the

Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular,

when used in the preceding discussion, the words "estimated," "believe,"

"optimistic," "expect," and similar conditional expressions are intended to

identify forward-looking statements within the meaning of the ACT and are

subject to risks and uncertainties, and actual results could differ materially

from those expressed in forward-looking statements. Such risks and uncertainties

include, but are not limited to, unfavorable market conditions, increased

competition, limited working capital, and failure to implement business

strategies, actions by regulatory agencies, and other risks.

For investor relations,

Hollund Industrial Marine, Inc.

ir@hollundindustrial.com

(707) 659-6631

CONTACT: info@hollundindustrial.com

SOURCE Hollund Industrial Marine, Inc.

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