Ocean Bio-Chem Retains Investment Banker To Assist In Market Growth

    FORT LAUDERDALE, Fla.--Feb. 13, 2002--Ocean Bio-Chem, Inc. announced today that the company has retained the investment banking firm of Noble International Investments, Inc. to assist the company in identifying and developing future growth opportunities.
    President and CEO, Peter Dornau stated, "Ocean Bio-Chem is now well positioned to deliver a variety of manufactured products. We anticipate increased revenues during 2002 from our automotive product lines introduced last year as well as previously announced new marine products will result in achieving better economies of scale at our manufacturing facility and improved profitability. As we look to the future, we foresee that our growth will come from expansion of existing product lines and through acquisition(s). Noble is strongly qualified to assist us in that regard while improving the visibility of our stock within the financial markets. We believe that retaining the services of Noble International Investments, Inc. will enable us to maximize value for the company and its shareholders."

    About Ocean Bio-Chem

    Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance and care products for boats, recreational vehicles, automobiles, motorcycles and aircraft. Products are sold under the Starbrite(TM) name. The Company trades publicly under NASDAQ SmallCap Symbol: OBCI. www.oceanbiochem.com

    About Noble International Investments, Inc.

    Noble International Investments, Inc., a subsidiary of the Noble Financial Group, was founded in 1984 as a full service financial services firm. Headquartered in South Florida, Noble has affiliate offices in Greenwich, CT and The Netherlands. Noble specializes on equities, corporate finance, M&A advisory, investment banking and through its subsidiary, Noble Capital Management, Inc., a SEC Registered Investment Advisor, Money Management. For more information about Noble Financial or its affiliated operation visit their website at http://www.noblefinancialgroup.com.

    NOTE: The foregoing is news relating to Ocean Bio-Chem, Inc. (OBCI or "the Company") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to the Company or its management, including without limitation the Company's other subsidiaries, are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information the reader is referred to the Company's 10-K and other documents filed with the United States Securities and Exchange Commission. This does not constitute an offer to buy or sell securities by GeoMarketing, the Company or its subsidiaries and is meant purely for informational purposes.