Pacific Andes Resources Development Operations not affected By Japan Nuclear Situation

April 11, 2011 16:01

Singapore Exchange Mainboard-listed Pacific Andes Resources Development Limited a leading global frozen fish supplier with an integrated supply chain spanning industrial fishing, global sourcing and ocean transportation, wishes to assure all stakeholders that as of 11 April 2011, no signs of radioactive contamination has been detected in the Group's products, reports www.megafishnet.com with reference to Pacific Andes.

PARD would also like to highlight that the Group does not carry out any fishing operations in or near Japan's waters. PARD also has not directly or indirectly sourced or imported any raw materials, fishery products, packaging materials or machinery from Japan in the past 3 months and has no plans to do so in the immediate future. In addition, sales to the Japanese market have not been affected.

PARD has been constantly monitoring the radiation level of sea water, fishing nets and fish harvested on board of all its vessels since the nuclear situation in Japan began. As part of the Group's standard import surveillance procedures, PARD will also continue to work closely with the relevant authorities to carry out extensive testing of products and raw materials to ensure that all its products meet the Group's stringent safety and quality standards.

PARD pledges to continue providing safe and healthy seafood products to all its customers and consumers, and will strive to ensure transparency and the traceability from ocean to plate.

Stakeholders who wish to find out more about the radiation tests conducted by various independent organisations may wish to visit:

http://www.wpro.who.int/sites/eha/disasters/2011/jpn_earthquake/list.htm

http://pollock.ru/eng/marketing-researches /

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