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Ocean Bio-Chem, Inc.: Star brite Granted Injunction Against ValvTect

^{Published on 2009-09-02 04:13:18 - Market Wire}
 

FORT LAUDERDALE, FL--(Marketwire - September 2, 2009) - Ocean Bio-Chem, Inc. (NASDAQ: [ OBCI ]) subsidiary Star brite Distributing, Inc. obtained an injunction in US Federal Court against ValvTect for false and deceptive advertising in their ads comparing ValvTect Ethanol Gas Treatment to Star brite's Star Tron Enzyme Fuel Treatment.

The U.S. District Court ordered a preliminary injunction against ValvTect from further running false and misleading comparison advertising of ValvTect Ethanol Gasoline Treatment. Furthermore, the Court stated that granting a "preliminary injunction is an extraordinary and drastic remedy."

The Court ruled all four points of ValvTect's comparison ads are false and/or misleading and deceived the public. ValvTect claimed test results proved their product performed better, yet the Court found they failed to run their tests using E10 (Ethanol fuel), even though the ads and products are about E10 (Ethanol fuel). ValvTect claimed independent testing, yet the Court found one of the tests was run by a ValvTect supplier and was not independent. ValvTect inferred approvals from major OEMs including BMW, Ford and Chrysler, yet the Court found there were no such approvals. Every single point of the ValvTect ads has been found to be false or misleading by the Court.

Star brite CEO Peter Dornau says, "It is clear to me that the Court realized the ValvTect ads were blatantly false and deceptive to the boat-owning public."

Dornau says, "The court also pointed out that ValvTect incorrectly used ASTM and NACE tests which do not allow for the testing of E10 fuel and have no relevance to the marine industry. We appreciate the strength and clarity of the Court's findings against the false and misleading advertising by ValvTect. This type of false advertising not only hurts Star brite but the entire marine industry by confusing customers about the truth and fiction of Ethanol fuel additives."

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 Star brite® name. The Company trades publicly under NASDAQ SmallCap Symbol: OBCI. Websites: [ www.starbrite.com ], [ www.startron.com ], [ www.oceanbiochem.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 the Company or its subsidiaries and is meant purely for informational purposes.