Arqueonautas Worldwide Arqueologia Subaquática, S.A
Arqueonautas Worldwide Growing on Two Fronts
Arqueonautas Worldwide Arqueologia Subaquática, S.A / Miscellaneous 15.04.2010 17:40 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Survey operations (12 shipwrecks) in Mozambique/ 2 new survey licences in Indonesia/ Recovery license for Brazil requested/ Fashion label rapidly expanding/ Nikolaus Graf Sandizell CEO expects even stronger growth in the future Estoril, 14 April 2010 - The Portuguese company, Arqueonautas Worldwide - Arqueologia Subaquática, S.A. (ARQ), has established in the 1st quarter of 2010, the basis for future growth in revenues and profits. At the end of March, the search began in Mozambique for 12 historical shipwrecks (dated between the 16th and 18th centuries). The company expects first survey results by the the summer 2010. In Brazil, together with a local partner, Arqueonautas has requested a recovery license for an Iberian historical shipwreck (dated around 1580), the oldest wreck so far discovered in Brazil. Arqueonautas has requested to the Indonesian government, a survey license for the 'Simedang' and 'Hongzhi' shipwrecks in the Java Sea. Both these shipwrecks are Chinese Junks dated between 1490 and 1580 and were recently discovered by fishermen. The Arqueonautas fashion label continued to strongly establish itself in the market. After the hugely successful launch in Dusseldorf (October 2009), it has opened 3 new shops in Hamburg, Hannover and Dresden. The opening of more stores will take place in the near future. The CEO believes that this period of strong growth is due to 'a combination of authenticity and quality that attracts increasingly more buyers. The license agreement with our partners Kitaro and the OTTO Group provides us with the financial capacity to get involved in more archeological projects using the latest technology which positively impacts on revenues and profits'. This press release is neither a sales offer nor a request for the delivery of an offer to purchase shares from Arqueonautas Worldwide - Arqueologia Subaquática S.A., particularly not in the U.S. and other countries where a request or an offer to purchase or sale, without prior registration or qualification under the securities law, would be illegal. It serves exclusively as a source of information. www.arq.de (Homepage) Tel.: +351.21.4663040 www.arq-publications.com (Publikationen) Fax: +351.21.4662769 www.arqueoanutas.de (Fashion) info@arq.de Arqueonautas Worldwide - Arqueologia Subaquática S.A. Av. da Suiça, 468 2765-288 Estoril Portugal 15.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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