FUSION MARINE TECHNOLOGY INC. AND MAREL INC. EXPAND PARTNERSHIP THROUGHOUT NORTH AMERICA

SEATTLE, WA, U.S., September 28, 2020 — Fusion Marine Technology Inc. & Marel Inc. are pleased to announce a partnership for exclusive service in the commercial fishing marine industry.

The basis of the partnership is for Fusion Marine Technology to provide services for Marel’s marine scales and graders onboard vessels in North America. This agreement also includes repair shop activities, service contracts, OEM spare parts from Marel Inc. and product training for newly installed products.

The expanded partnership with Marel will increase the level and depth of service Fusion Marine offers and will bring them closer to being a “one stop shop” for all things electrical and electronic.

Marel remains focused on transforming the way food is processed, whether it be on land or at sea. This partnership provides a greater level of service and support for its Marine customers while continuing to develop new innovative solutions for future product offerings.

Einar Einarsson, Marel President of the North American Region states, “As the world’s largest and most innovative producer of advanced processing equipment, it is imperative to support the equipment in a manner that allows the processor to utilize the full potential of the machinery, and realize the full value their purchase. Partnering with Fusion Marine Technology provides a unique opportunity to raise the level of service and support for this market segment.”

Cliff Melton, Fusion Marine President states, “Fusion Marine has been partnered with Marel since 2014 for exclusive work on their equipment in Dutch Harbor, Alaska.  Expanding this partnership to include all of North America will provide a continuity in service that will benefit our customers, Marel and Fusion Marine. We look forward to working closely with the Marel team to maintain and expand the maritime sector.”

About Fusion Marine Technology Inc.

Fusion Marine, a Network Innovations company, provides custom maritime solutions for electrical, electronics, automation, and connectivity systems. Our team of both electrical and technical professionals have designed new builds, and both upgraded and serviced existing marine vessels of all types around the globe. Joining Network Innovations group in 2018, Fusion Marine empowers you and your crew to operate safely, efficiently, and to Succeed. Anywhere.

About Marel Inc.

Marel helps fish processors around the world better utilize raw materials, while also reducing processing time and increasing automation and food safety.

Marel Inc. Contacts

Haukur.johannesson@marel.com

206-790-2021

3015 112th Ave. NE Suite 206,

Bellevue WA 98004

Fusion Marine Technology Inc. Contacts

marel@fusionmarinetech.com

206-216-1049

4237 24th Ave West,

Seattle, WA 98199