Edgewater Foods Announces Continued Expansion and Development of the Company's Scallop Harvest and Processing Infrastructure

GAITHERSBURG, MD--(Marketwire - July 31, 2007) - Edgewater Foods International, Inc. (OTCBB: EDWT) announced today that it continued to fulfill its previously announced expansion plans by acquiring a live harvest vessel and navigation buoy system. This expanded infrastructure, along with the Company's new scallop processing facility, will provide the Company with the capacity to process as much as 25,000 pounds of live scallops per week. Furthermore, with the Company's current facilities, Edgewater will now represent the largest private marine research hatchery and fully integrated shellfish producer in Canada.

The new scallop harvest vessel was purchased from Japan. The vessel is a 40-foot long live well boat capable of harvesting and holding 10,000-20,000 lbs of live scallops per day. Additionally, the micro bubbling system combined with foam fractionation and refrigerated spray methods that Edgewater uses on the boat increase the Company's ability to supply live scallops through the Pacific Coast of North America and beyond.

In addition, specially designed ABS navigation buoys required by Transport Canada have arrived from China and are being deployed. Combined with Carmanah Technology navigations aids, these markers will allow Island Scallops to continue developing its existing shellfish farms.

"Edgewater has continued to enhance our ability to meet the demand for scallops," said Robert Saunders, Chairman and Chief Executive Officer. "Equally important, we fully intend to maintain our leadership position in the scallop market while maintaining a healthy respect for the marine environment."

The scallop produced by the Company is a hybrid of the imported Japanese scallop (Patinopecten Mizuhopecten Yessoensis) and the local weathervane scallop (Patinopecten Caurinus), which was developed by Island Scallops in the 1990s. This unique scallop, marketed as the "Pacific scallop," is one of the largest scallops in the world, reaching 15 cm in size and weighing up to approximately 1.1 pounds.

As first demonstrated in the scallop harvest initiated in February of 2006, the benefits of five years of selective breeding, as well as the use of DNA-based family analysis (which was started in 2005), continue to provide higher weight to shell ratios in the Company's scallops.

The Company is the predominant producer of live "in the shell" scallop products in North America. There are no known direct competitors in the scallop farming business in British Columbia and Island Scallops is the only hatchery producing the Pacific scallop.

Island Scallops currently distributes the scallops through specialty wholesalers with particular expertise in selling to restaurants, and has developed a market for whole live scallops that exceeds 5,000 lbs. per week into Vancouver. As distribution is expanded, the Company will continue to focus on specialty wholesalers with strong ties to major restaurants.

Island Scallops, a Vancouver Island aquaculture company, was established in 1989 and for over 18 years has successfully operated a scallop farming and marine hatchery business. Island Scallops' scallop farms are situated along both the east and west coasts of Vancouver Island. These facilities represent the largest private marine research hatchery and the first fully integrated shellfish producer in Canada.

Island Scallops is dedicated to the farming, processing and marketing of high quality, high value marine species: scallops and sablefish (or blackcod). Farmed scallops are relatively new to North America and Island Scallops is the only producer of both live-farmed Pacific scallops and live sablefish. Island Scallops has developed proprietary hatchery technology for the hybridization of Pacific scallops and production of juvenile blackcod. These new husbandry techniques significantly increase growth yields, while strengthening the selected strain's ability to resist disease. In the case of blackcod, there were a number of technical difficulties associated with spawning that Island Scallops has solved with its technological innovations. As such, there are no existing competitors that produce and/or harvest both scallops and blackcod. Edgewater seeks to become a leader in the highly profitable niche seafood industry.

Through Island Scallops, Edgewater is an aquaculture and marine hatchery that provides consumers with healthy, environmentally friendly alternatives to the current market. The unique hatchery technologies held by Edgewater give it the advantage of being a "Green" environmentally friendly business. For additional information on Edgewater Foods International, Inc., please visit http://www.edgewaterfoods.com or call (800) 793-0087.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices. With respect to Edgewater, except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, Edgewater's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management.

Contact Information: Contact: Tom Bostic (800) 793 0087 Aurelius Consulting Group, Inc. (800) 644-6297