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Ocean Bio-Chem CEO Peter Dornau stated, "Ocean Bio-Chem had another record quarter sales and income for the first quarter 2010. The Company has reported net income for five consecutive quarters during the worst recession since the Great Depression. Income before taxes was up 217% over the first quarter 2009. The Company continues to increase market share in our core marine markets as well as increase sales in newer markets. These new markets include: motorcycle, snow mobile, lawn & garden and expanded distribution in the automotive and marine markets."

Mr. Dornau continued, "In the first quarter 2010, we have also benefited from lower operating expenses. Two of the areas in which expenses were lower were: a reduction in allowances for bad debts compared to 2009, when the Company recorded a partial provision for the bankruptcy of Boaters' World and the remarketing of the Company's Industrial Revenue Bonds (IRB's) earlier in the first quarter 2010, the interest rate was reduced on the IRB's interest rate to 2% (variable rate), thus lowering interest expense.

It is too early in the second quarter to forecast the full quarter, but our sales performance was almost up 80% over April 2009. We are cautiously optimistic about our performance in the second quarter."

About Ocean Bio-Chem
Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance and care products for boats, recreational vehicles, automobiles, trucks and motorcycles. Products are sold under the Starbrite™ StarTron™ names as well as private label products. The full product line can be reviewed at [ www.starbrite.com ]. and [ www.startron.com ]. The Company trades publicly under NASDAQ SmallCap Symbol: OBCI. Our corporate web site is [ 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.