RedChip Research Issues Research Update on Seanergy Maritime

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ORLANDO, Fla., Aug. 23, 2011 (GLOBE NEWSWIRE) -- RedChip Research™, a division of RedChip Companies, Inc., today announced it has issued a research update on Seanergy Maritime Holdings Corp. SHIP a company engaged in the transportation of dry bulk cargoes through the ownership and operation of dry bulk carriers.

To receive a complimentary copy of the RedChip Research Report for SHIP, please visit: http://www.redchip.com/about/aboutmain.asp?rid=375

To learn more about Seanergy Maritime Holdings Corp. visit http://www.redchip.com/visibility/investor.asp?symbol=SHIP

About RedChip Companies, Inc.

RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Beijing, China; Paris, France; and Seoul, Korea. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV™, Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.

"Discovering Tomorrow's Blue Chips Today"™

The RedChip Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2761

Disclosure

None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. Any investor should determine whether a particular security is suitable based on the investor's objectives, other securities holdings, financial situation needs, and tax status. Seanergy Maritime Holdings Corp. ("SHIP") is a client of RedChip Companies, Inc., and of RedChip Visibility, a division of RedChip Companies. On March 2, 2011, SHIP agreed to pay RedChip Companies, Inc., a fee of $6,000 in cash per month for twelve (12) months of RedChip Visibility Program and investor relations services. On March 3, 2010, SHIP agreed to pay RedChip Companies, Inc., $36,000 for twelve (12) months of RedChip Visibility Program services and a fee of $6,000 in cash per month for twelve (12) months of investor relations services. RedChip Visibility Program services include the preparation of the equity research report(s). The equity research report(s) were prepared for informational purposes only and were paid for by the company portrayed in the report. Information contained in the equity research report(s) is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. The equity research report(s) are not a recommendation of a solicitation to purchase or sell any security, nor do they constitute investment advice. RedChip Companies, Inc., is currently engaged by this company to provide investor awareness services. These services may include investor conferences and digital and print distribution of SHIP investor-related materials and radio programming. Investor awareness services and programs are designed to help small-cap companies communicate their investment characteristics. RedChip Companies, Inc., employees and affiliates may maintain positions and buy and sell the securities or options of the issuers mentioned herein.

CONTACT: RedChip Companies Inc. 1-800-REDCHIP (733-2447) research@redchip.com http://www.redchip.com

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