Marine Growth Ventures, Inc. Announces Promotion of Executive

Marine Growth Ventures, Inc promotes Frank J. Orlando to Executive Vice President.

Cape Canaveral, FL (PRWEB) September 14, 2004 -- Frank P. Crivello, Chairman, Marine Growth Ventures, Inc. (MGV") announced today MGV promoted Frank J. Orlando to Executive Vice President. In addition, Mr. Orlando was appointed to MGVs Board of Directors.

MGV Chairman Frank Crivello stated: Frank Orlando has done a great job for us in a number of areas. As well, he possesses great personal integrity. We were proud to promote Frank." MGV President Craig Hodgkins stated: Tim and I have come to appreciate and value Franks effort and accomplishments. He has helped us pursue a number of 'niche opportunities in transportation, freight, finance, and ship management. MGV Executive Vice President Frank J. Orlando stated: I appreciate the recognition and promotion."

About Marine Growth Ventures, Inc. (MGV") www.marinegrowthventures.com :

MGVs mission is to find, develop, and place in service operating businesses related to our oceans; our vision is to build successful businesses while respecting and protecting our most important environmental resource - our oceans. MGV is uniquely positioned to find, analyze, and execute on marine related opportunities in transportation, freight, finance, brokerage, real estate, gaming, and entertainment.

Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of MGV could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to assumptions relating to the marine market and that there will be no unanticipated material adverse change in MGV's operations or business.

Contact:

New-School Communications, LLC

Blois Olson, 651-221-1999

www.new-school.com

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