Edgewater Foods International Signs $2 Million Scallops Order With Fanny Bay Oyster Co., a Division of Taylor Shellfish Farms


GAITHERSBURG, MD--(Marketwire - November 6, 2008) - Edgewater Foods International, Inc. (OTCBB: EDWT), the first fully integrated shellfish producer with the largest private marine research hatchery in Canada, announced today that the Company has signed a $2 million order with Fanny Bay Oyster Co., a division of Taylor Shellfish Farms of Shelton, Wash., an international seafood distributor and the largest shellfish company on the West Coast.

The order is for more than 800,000 lbs. of Edgewater's proprietary Pacific scallops to be delivered to Fanny Bay over the next 13 months. The order includes live scallops, fresh scallop meat and frozen scallops to be farmed in Edgewater Foods' Qualicum Beach, British Columbia, operation, and packaged and delivered in various scallop products (including live in-the-shell, frozen half-shell and fresh meat).

The Pacific scallop is a special scallop which can grow to more than one pound and is largely disease resistant. Island Scallops Ltd, a subsidiary of Edgewater Foods International, is the sole source of Qualicum Beach scallop seed in the world and will be providing these unique scallops to Fanny Bay.

Robert Saunders, Chairman and CEO, Edgewater Foods International, said, "This is the largest order Edgewater has received to date and confirms the unique high quality scallop that we have worked so hard to develop. We are very pleased to be working with Taylor Shellfish Company, and we look forward to working with the management of Fanny Bay in preparing and delivering this order. We anticipate that this will be the start of a long term relationship with Taylor Shellfish which will benefit both our companies. Scallops have become increasingly popular with the general public. As we at Edgewater expand our farms and processing capabilities, we will expand our scallops into new markets in North America and abroad."

In April 2008 Edgewater Foods received approval from the British Columbia Government to convert its largest scallop farm to off-bottom growing. This change in farming operation has provided the Company with the potential to add more than 20 million scallops to its annual harvest cycle when the build is completed.

About Edgewater Foods International, Inc.

Edgewater Foods International, Inc., a Nevada Corporation, is the parent company of Island Scallops Ltd. ("ISL"), a Vancouver Island aquaculture company. Established in 1989, ISL has successfully operated a scallop farming and marine hatchery business for almost 20 years. ISL's facilities represent the largest private marine research hatchery and the first fully integrated shellfish producer in Canada.

Edgewater Foods is dedicated to the farming, processing and marketing of high quality, high value marine species: scallops and sablefish. Farmed Pacific scallops are unique to North America, and Edgewater is the predominant producer of live-farmed Pacific scallops.

The Pacific scallop is a hybrid developed by ISL through extensive research and development and proprietary hatchery technology that significantly increases growth yields while resisting disease. It is one of the largest scallops in the world, reaching about 15 cm in size and more than 1 pound in weight. The Company believes there is virtually no existing competition for producing this scallop. Edgewater is committed to rapidly expanding production and profits and financing aggressive growth, while maintaining quality and a healthy respect for a clean, sustainable marine environment.

Scallop farming is inherently a "green," environmentally sustainable industry. Scallops require clean water to grow and can only be harvested from clean waters. No chemicals or food are added to the environment, and cultured scallops are an organic food product. All scallop seed is produced in the Island Scallops hatchery, so no native populations are exploited.

To learn more about Edgewater Foods International, Inc., please visit the company's Web site at http://www.edgewaterfoods.com. To receive email updates about the company and to be added to Edgewater Foods International, Inc. investor lists, please sign up at www.CFSG1.com or contact Adam Brooks at abrooks@CFSG1.com.

About Taylor Shellfish Farms

Located in Shelton, Wash., Taylor Shellfish Farms is a fourth generation, family-owned company with approximately 500 employees farming shellfish on 9,500 acres of owned and leased tideland in Puget Sound and Willapa Bay in the State of Washington and British Columbia and in Mexico. The company has hatcheries in Kona, Hawaii and Quilcene, Washington, a pearl farm in Fiji and a distribution company in Hong Kong. Taylor produces Manila clams, Mediterranean mussels, geoduck, a variety of live, shucked and frozen oysters, and shellfish seed for national and international markets. Taylor acquired Fanny Bay Oyster Co., British Columbia's largest shellfish producer, in February 2007. Their website is www.taylorshellfish.com.

Forward-Looking Statements

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

Pursuant to an April 1, 2008 contract, Consulting For Strategic Growth 1, Ltd. ("CFSG1") provides Edgewater Foods International, Inc. ("the Company") with consulting, business advisory, investor relations, public relations and corporate development services. Independent of CFSG1's receipt of cash compensation from the Company, CFSG1 may choose to purchase the Company's common stock and thereafter liquidate those securities at any time it deems appropriate to do so.

Contact Information: Contacts: Company Contact: Edgewater Foods International Inc. Rob Saunders Chairman, CEO & President Tel: 250-757-9811 Fax: 250-757-8370 Website: http://www.edgewaterfoods.com Investor Relations: Stanley Wunderlich CEO Consulting for Strategic Growth I Tel: 1-800-625-2236 Fax: 1-646-205-7771 Email: Web site: http://www.cfsg1.com Media Relations: Daniel Stepanek, EVP Consulting for Strategic Growth 1 Tel: 1-646-205-7767 Fax: 1-646-205-7771 Email: