Ocean Bio Chem, Inc. Achieves Nasdaq Trading Compliance

FORT LAUDERDALE, FL--(Marketwire - August 18, 2009) - Ocean Bio Chem, Inc. (NASDAQ: OBCI)
reports that on August 14, 2009 the NASDAQ staff notified Ocean Bio Chem,
Inc., in writing that its common stock has been at $1.00 per share for at
least 10 consecutive business days. Accordingly, the Company has regained
compliance with Listing Rule 5550(a) (2)

This notification closes the Nasdaq matter of non-compliance for
maintaining a minimum bid price of $1.00 over the previous 30 consecutive
business days, as required by the Listing Rules of The Nasdaq Stock Market.

Ocean Bio Chem - President and CEO Peter Dornau commented, "I am extremely
pleased that we have achieved compliance to the Nasdaq trading rules. The
Company is committed to increasing stakeholders value, as we continue to
implement our strategic Marketing Plans."

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 Starbrite® 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.