Ocean Bio-Chem Reports Second Quarter Record Sales and Pretax Profits of $338,000, Pretax EPS of $.04 per Share

FORT LAUDERDALE, FL--(Marketwire - August 14, 2009) - Ocean Bio-Chem, Inc. (NASDAQ: OBCI)
today reported pretax profits of approximately $338,000 for the second
quarter 2009 compared to a pretax loss of approximately ($8,000) for the
comparative quarter 2008, an increase in pretax profits of $346,000. Net
income, after tax for the second quarter ending June 30, 2009 was
approximately $133,000 compared to a net loss of approximately ($18,000)
for the comparative 2008 quarter, an increase of $151,000. Net earnings
per share, both basic and diluted, for the second quarter 2009 were $.02
compared to no earnings per share in the second quarter of 2008. Record
net sales for the second quarter 2009 were approximately $5,715,000
compared to approximately $4,991,000 for the comparative 2008 period, an
increase of 14.5% or $724,000.

For the six month period ended June 30, 2009, the Company reported record
pretax profits of approximately $555,000 compared to a pretax loss of
approximately ($320,000) for the comparative 2008 period, an increase of
$875,000. Record net income, after tax, for the six month period ending
June 30, 2009 was approximately $259,000 compared to an operating loss of
approximately ($224,000) for the comparative 2008 six month period, an
increase of $483,000. Earnings per share, both basic and diluted, for the
six month period were $.03 compared to a loss per share of ($0.03) for the
comparative 2008 six month period. For the six month period ended June 30,
2009, the Company reported record net sales of approximately $9,825,000
compared to $8,736,000 for the comparative 2008 six month period, an
increase of 12.5% or $1,089,000.

(000's omitted, except per share data)

Quarter ended June 30, 2009 2008
-------- -------
Net Sales $ 5,715 $ 4,991
Pretax Income (Loss) $ 338 $ (8)
Net Income (Loss) $ 133 $ (18)
Basic & diluted earnings (Loss) per share
- before taxes $ .04 $ -
Basic & diluted earnings (Loss) per share $ .02 $ -

Six months ended June 30, 2009 2008
-------- -------
Net Sales $ 9,825 $ 8,736
Pretax Income (Loss) $ 555 $ (319)
Net Income (Loss) $ 259 $ (224)
Basic & diluted earnings (Loss) per share
- before taxes $ 0.07 $ (0.04)
Basic & diluted earnings (Loss) per share $ 0.03 $ (0.03)

Ocean Bio-Chem President and CEO Peter Dornau stated, "I am extremely
pleased with the financial results of the Company for both the second
quarter and six month period. Despite the many negative economic factors,
the Company reported record sales for both the quarter and six month
periods. The Company's earnings per share before taxes (both basic and
diluted) for the second quarter were $0.04 compared to no earnings per
share before taxes for the comparative quarter 2008. For the six month
period ending June 30, 2009, earnings per share before taxes (both basic
and diluted) were $.07 compared to a loss of $0.04 per share for the
comparative prior years six month period. Due to the high taxable income
and resulting high tax provision, we feel the earnings per share after
taxes do not demonstrate the operating and financial strength and success
of the Company. We therefore will report earnings per share -- before
taxes on a consistent, ongoing basis."

Mr. Dornau continued, "We are seeing signs of recovery in the boating
industry. We believe as the boating industry picks up and more people use
their boats, the Company will continue to be the benefactor of increased
sales, and market share. As part of the Company's overall strategic
Marketing Plan, the Company is continuing to invest in advertising,
customer and consumer promotions, and building brand awareness. Increasing
brand awareness, we believe, will continue to make Starbrite® and
StarTron® products the consumers' number one choice of products. Our
sales and marketing efforts are focused on increasing sales both in our
core marine market as well as outside of our core market into automobile
after market, recreational vehicles, hardware/lawn & garden/small engines,
and motorcycles markets being lead by StarTron®. As we enter the second
half of the year, I am cautiously optimistic that we could report record
pretax profits for the full year."

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. This does not
constitute an offer to buy or sell securities by GeoMarketing, the Company
or its subsidiaries and is meant purely for informational purposes.