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Ocean Bio-Chem, Inc. Reports Profitable Third Quarter 2012; Sales Up 3.8 Percent

November 14, 2012

FORT LAUDERDALE, FL--(Marketwire - Nov 14, 2012) - Ocean Bio-Chem, Inc. (NASDAQ: OBCI), a leading manufacturer and distributor of appearance, performance, and maintenance products serving the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets, announced today that net sales for the three months ended September 30, 2012 increased approximately 4% to $10.3 million compared to sales of $9.9 million in the same period in 2011.The Company was profitable for the 15th consecutive quarter, reporting net income of $770,618 or $0.09 per common share, diluted.Net income for the three months ended September 30, 2011 totaled $1.1 million or $0.13 per common share, diluted.

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