8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 1, 2013

OCEAN BIO-CHEM, INC.

(Exact name of registrant as specified in charter)

Florida	0-11102	59-1564329
(State or Other Jurisdiction of  Incorporation)	(Commission File Number)	I.R.S. Employer Identification No.)

4041 S.W. 47 Avenue, Fort Lauderdale, Florida 33314

(Address of principal executive offices) (Zip Code)

(954) 587-6280

Registrant’s telephone number, including area code:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition

Ocean Bio-Chem, Inc. (the “Company”) is furnishing, as Exhibits 99.1, 99.2, 99.3, 99.4 and 99.5, press releases it issued on April 1, 2013, May 16, 2013, August 14, 2013, November 14, 2013 and January 16, 2014 that pertain to its financial results for the quarter and year ended December 31, 2012, its financial results the first three quarters of 2013, and its sales for the quarter and year ended December 31, 2013.

The information furnished pursuant to Item 2.02 of this Current Report, including the exhibits furnished herewith, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into future filings by the Company under the Securities Act of 1933, as amended or under the Securities Exchange Act of 1934, as amended, unless the Company expressly sets forth in such future filing that such information is to be considered “filed” or incorporated by reference therein.

Item 9.01 Financial Statements and Exhibits

(d)           Exhibits

The Company is furnishing the following exhibits to this Current Report:

Exhibit Number	Description
99.1	Press release, dated April 1, 2013
99.2	Press release, dated May 16, 2013
99.3	Press release, dated August 14, 2013
99.4	Press release, dated November 14, 2013
99.5	Press release, dated January 16, 2014

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	OCEAN BIO-CHEM, INC.
Date: March 4, 2014	By:	/s/ Jeffrey S. Barocas
		Jeffrey S. Barocas
		Chief Financial Officer

EX-99.1

EXHIBIT 99.1

April 1, 2013 07:30 ET

Ocean Bio-Chem, Inc. Reports Record Fourth Quarter Sales & Net Income and Full Year 2012 Financial Results

 -- Net income increased 114% in fourth quarter --

FORT LAUDERDALE, FL--(Marketwired – Apr 1, 2013) -Ocean Bio-Chem, Inc. (NASDAQ: OBCI) a leading manufacturer and distributor of appearance, performance, and maintenance products serving the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets, is pleased to announce today its financial results for the fourth quarter and full year of 2012.

The Company reported record net income for the fourth quarter of 2012 of approximately $464 thousand, compared to previous fourth quarter net income of $217 thousand, an increase of approximately 114%.  Basic and diluted earnings per share were $0.06 per share and $0.05 per share respectively, compared to $0.03 for both basic and diluted earnings per share for the comparative 2011 period.  The Company also reported record net sales for the fourth quarter ended December 31, 2012, of approximately $6.9 million compared to approximately $6.8 million for the fourth quarter of 2011.

The Company reported net income for the full year 2012 of approximately $2.0 million, compared to net income of $2.4 million for 2011.  Basic and diluted earnings per share were $0.24 per share and $0.23 per share respectively, compared to $0.30 basic earnings per share and $0.28 diluted earnings per share for the year 2011.  Net sales for the year 2012 were approximately $31.0 million compared to approximately $31.7 million for 2011, a decrease of approximately 2%.

(000's Omitted)
	Quarter Ended				Year Ended
	December 31,				December 31,
	2012		2011		2012		2011
NET SALES	$	6,891	$	6,847	$	31,039	$	31,681
PRE-TAX INCOME		650	$	376		2,989		3,615
NET INCOME		464	$	217		1,962		2,393
NON CASH EXPENSES		128		107		984		1,363
NET INCOME - excluding non- cash expenses		592		324		2,946		3,756
EPS BASIC		0.06		0.03		0.24		0.30
EPS DILUTED		0.05		0.03		0.23		0.28
EPS BASIC-excluding non cash expenses		0.07		0.04		0.36		0.47
EPS DILUTED-excluding non-cash expenses	$	0.07	$	0.04	$	0.34	$	0.45

Ocean Bio-Chem, President and CEO Peter Dornau stated, "We have just concluded the best fourth quarter in the Company’s history.  We have reported record net sales and gross profit dollars and percentages.  The outstanding performance has resulted in the Company’s net income more than doubling from prior years’ results.  Net income is up 114% and net income as a percentage of net sales increased from a return on net sales of 3% in the fourth quarter 2011, to approximately 7% in the fourth quarter 2012.  Net income excluding non-cash items was approximately $600 thousand for the quarter and approximately $3.0 million for the year 2012.  Our strong positive cash flow from operations continues to strengthen our balance sheet.  At December 31, 2012, our current ratio increased to an exceptional 5.3:1.  In addition, the Company had paid off our line of credit with our lender early in the fourth quarter 2012.  At both year end, and currently, we do not have any outstanding borrowings on our line of credit.”

Mr. Dornau continued,  “The reduction in sales for the full year 2012 are mainly attributable to our largest customer implementing an inventory reduction program of 15%, as we have reported in prior press releases.  They implemented this reduction to increase their inventory turn ratio and reduce their working capital.  They felt with their improved shipment to stores, that they could keep their stores in stock with lower overall inventories.  They have accomplished that action and now have returned to normal buying patterns.  They have predicted a 12% increase of sales on our products for 2013.

“We had greatly increased our advertising and marketing expenditures in 2012 and also in 2013, to support the sales of our leading products in newer markets.  Naturally these expenditures have reduced earnings for the year 2012, but we expect excellent returns in the relatively near future.  Our earnings, cash flows and cash position are very strong and easily support our expansions into newer markets.

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“Our newly EPA approved product, Xtreme-A-Cide P, which kills some of the most extreme viruses, germs, fungi and algae, will open new markets in the near future.  Some of those markets are hospitals, hotels rooms, cruise ships, restaurants, doctors’ offices, veterinarian clinics, and shipping containers. Xtreme-A-Cide P uses CLO2 technology, which is dispensed by our patented pouch delivery system, a huge cost savings to industries and markets.  Older CLO2 systems required expensive machines to produce CLO2 and technical people to monitor, which is costly and not practical.  Our unique system can be used in minutes by nurses, doctors, and other hospital personal with no training, therefore providing savings, all the while killing dangerous germs and viruses.  We see the potential of these new markets dwarfing our current markets in the near future.  Like many major product launches, this takes time and expenditures to accomplish.

“We currently have several more products pending for U.S. EPA approval which we anticipate receiving in mid 2013.  These pending approvals will further expand our CLO2 product lines.

We are currently developing distribution channels into these new markets and we expect that we will start seeing results in early 2014.

“All these products are EPA approved and thus require extensive testing and fees to register with both the federal and state governmental agencies.  These expenditures also contributed to lower earnings for the year.  The good news is that the margins on these products are significant and will lead to higher earnings in the future.

Our manufacturing facility (Kinpak) has been geared up to handle the new manufacturing requirements and has plenty of capacity to handle all new sales.  Kinpak is an EPA approved facility and meets all federal requirements to handle these specialized products.”

Greg Dornau, Executive Vice President of Sales and Marketing, explained, “StarTron® enzymes fuel additives continue their strong advance into newer markets.  StarTron® has placement in relatively every major retailer in marine, hardware, auto, sporting goods, power sports and outdoor power equipment/agriculture.  We continue to expand our presence in these major national chains with new StarTron® products, as well as other core Star brite® products.

“Now that we have secured this retail presence, our goal is to continue to create awareness and demand for our unique enzyme technology that helps to cure the damaging effects of ethanol fuels.  We are confident the increased advertising, promotions and new educational pieces we have in place will drive sales in both the short and long term.  To learn more about StarTron® and our unique enzyme technology go to www.startron.com or find us on Facebook.

Greg Dornau continued, “We have seen an increase in business activity in the first quarter 2013, compared to the first quarter 2012 despite the cold weather in most parts of the United States.  The boating season has got off to a slow start, due to the cold weather.  However as we work boat shows around the country, we see very strong interest and fully anticipate as the weather improves it will translate into stronger sales for our marine customers.  With the strong market indicators in marine, our largest marine customer should see strong sales as the weather improves.  Additionally we have increased our marketing/sales staff to service the new markets we have added.  These increased expenses will be offset with sales gains we will make in these higher margin markets.”

About Ocean Bio-Chem

Ocean Bio-Chem, Inc. is principally engaged in the manufacturing, marketing and distribution of a broad line of appearance and maintenance products for boats, recreational vehicles, automobiles, power sports, outdoor power equipment and motorcycle markets under the Star brite® StarTron® and other trademarks within the United States of America and Canada. In addition, the Company produces private label formulations of many of its products for various customers and provides custom blending and packaging services for these and other products.  It manufactures its products in a 300,000 sf facility in Montgomery, Alabama, from which they are distributed across the globe.

The Company trades publicly under NASDAQ Capital Markets, Ticker Symbol: OBCI.

The Company's web sites are: www.oceanbiochem.com, www.Starbrite.com, www.Startron.com and www.nos-guard.com.

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Forward-looking Statements:

Certain statements contained in this Press Release including without limitation expectations as to future sales and operating results, constitute forward-looking statements.  For this purpose, any statements contained in this report that are not statements of historical fact may be deemed forward-looking statements.  Without limiting the generality of the foregoing, words such as "believe," "may," "will," "expect," "anticipate," "intend," "could" including the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements.  These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Factors that may affect these results include, but are not limited to, the highly competitive nature of our industry, reliance on certain key customers, changes in consumer demand for marine, recreational vehicle and automotive products, advertising and promotional efforts, exposure to market risks for changes in interest rates and in foreign exchange rates, and other factors.

Contacts:

Peter Dornau

President & CEO

954-587-6280

pdoranu@starbrite.com

Jeff Barocas

CFO

954-587-6280

jbarocas@starbrite.com

Paul Knopick

E & E Communications

pknopick@eandecommunications.com

940-262-3584

3

EX-99.2

EXHIBIT 99.2

May 16, 2013 7:30 ET

Ocean Bio-Chem, Inc. Reports First Quarter Financial Results; Sales Up From 2012 First Quarter

FORT LAUDERDALE, FL--(Marketwired - May 16, 2013) - Ocean Bio-Chem, Inc. (NASDAQ: OBCI), a leading manufacturer and distributor of appearance, performance, and maintenance products serving the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets, is pleased to announce today its financial results for the first quarter of 2013.

Net income was approximately $350,000 and earnings per share were $0.04 per share (basic & diluted), for the first quarter of 2013.  The Company also reported first quarter 2013 net sales of approximately $6,312,000, an increase of approximately 5% compared to the first quarter of 2012.  The increase in net sales resulted in an approximate increase of $100,000 in gross profit in the first quarter of 2013 compared to the first quarter of 2012.

(In thousands except per share data)	Quarter Ended
	March 31,
	2013		2012
Net sales	$	6,312	$	6,005
Pre-tax income	$	508	$	594
Net income	$	349	$	364
Non cash expenses	$	217	$	217
Net income excluding non cash expenses	$	566	$	581
Earnings  per share (both basic & diluted)	$	0.04	$	0.04
Earnings  per share excluding non cash expenses (both basic & diluted)	$	0.07	$	0.07

Ocean Bio-Chem, Inc. CEO Peter Dornau stated, “We increased sales in the first quarter of 2013, compared to the first quarter of 2012.  This was accomplished with the rebounding of sales to our largest customer, as we had previously communicated.  We also added a major 3,400 store, automotive parts retailer in the first quarter 2013, with the placement of our ethanol fuel treatment product Star Tron®.  In addition we recorded increased sales in the power sports sector of our business.  These successes were partially offset with slower sales to other marine customers in the Northern and Midwestern parts of the U.S. that continued to experience winter weather conditions (including snow), throughout the first quarter of 2013, which affected the sale of marine products, as boat owners delayed putting their boats in the water.  The boating/marine sector remains strong for us and we anticipate stronger sales in the second quarter as the weather improves across the US.  Automotive, motorcycle and specialty markets have also shown excellent sales increases.”

Mr. Dornau continued, “In the first quarter we continued to actively expand the in store promotion ‘Keep it Sold.’  It is a consumer based education program whereby the consumer is introduced to the benefits of our Star Tron® products with a rebate program to the consumer.  In addition we continue to build additional brand recognition and education of consumers of both our Star Tron® and Star Brite® products.  We increased our spending in the first quarter in magazine advertising with full page ads in both Car and Driver and Popular Mechanics, in addition to advertising in other fishing/boating, power sports and motorcycle publications.  Also in the first quarter we increased Starbrite®/StarTron® TV advertising on several national fishing shows, and we also sponsored fresh water fishing tournaments.  We sponsored two programs on the SPEED channel targeting the motor sport/truck enthusiasts. We also increased trade show exhibits of our products targeting potential new customers.  As a result advertising expenses increased approximately 22% in the first quarter compared to the comparative period in the prior year to support our increasing distribution.”

The higher advertising and selling activities offset the increased gross profit resulting from increased sales.  As a result net income was approximately the same, and earnings per share were $0.04 for each of the quarters ended March 31, 2013 and 2012, respectively.”

“We have the only ‘enzyme based technology’ product in the market place.  All other fuel treatment products are chemical based and cannot perform the many functions that our products provide.  Our continued success in adding distribution outlets and continued advertising should be reflected in increased sales and earnings in future quarters,” Mr. Dornau said.

Peter Dornau concluded: “We are continuing to develop the delivery system and potential new distribution channels for our recently EPA approval Xtrem-A-Cide P® products.  As previously announced we expect Xtrem-A-Cide P® add to revenues and profits in early 2014.”

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About Ocean Bio-Chem

Ocean Bio-Chem, Inc. is principally engaged in the manufacturing, marketing and distribution of a broad line of appearance and maintenance products for boats, recreational vehicles, automobiles, power sports, outdoor power equipment and motorcycle markets under the Star brite® StarTron® and other trademarks within the United States of America and Canada. In addition, the Company produces private label formulations of many of its products for various customers and provides custom blending and packaging services for these and other products.  It manufactures its products in a 300,000 s.f facility in Montgomery, Alabama, from which they are distributed across the globe.

The Company trades publicly under NASDAQ Capital Markets, Ticker Symbol: OBCI.

The Company's web sites are: www.oceanbiochem.com, www.Starbrite.com, www.Startron.com and www.nos-guard.com.

Forward-looking Statements:

Certain statements contained in this Press Release including without limitation expectations as to future sales and operating results, constitute forward-looking statements.  For this purpose, any statements contained in this report that are not statements of historical fact may be deemed forward-looking statements.  Without limiting the generality of the foregoing, words such as "believe," "may," "will," "expect," "anticipate," "intend," "could" including the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements.  These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Factors that may affect these results include, but are not limited to, the highly competitive nature of our industry, reliance on certain key customers, changes in consumer demand for marine, recreational vehicle and automotive products, advertising and promotional efforts, exposure to market risks for changes in interest rates and in foreign exchange rates, and other factors.

Contacts:

Peter Dornau

President & CEO

954-587-6280

pdoranu@starbrite.com

Jeff Barocas

CFO

954-587-6280

jbarocas@starbrite.com

Paul Knopick

E & E Communications

pknopick@eandecommunications.com

940-262-3584

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EX-99.3

EXHIBIT 99.3

August 14, 2013 8:00 AM EST

Ocean Bio-Chem, Inc.  – Reports Second Quarter 2013

Earnings Excluding Non Cash Expenses of $691

Thousand and Diluted Earnings Per Share Excluding

Non Cash Expenses of $0.08 Per Share

FORT LAUDERDALE, FL--(Marketwired - Aug 14, 2013) - Ocean Bio-Chem, Inc. (NASDAQ: OBCI) , a leading manufacturer and distributor of appearance, performance, and maintenance products serving the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets, announced today its operating results for the three and six months ended June 30, 2013.  Net income excluding non cash expenses* was approximately $691,000 for the second quarter 2013 or $0.08 per diluted share  compared to $779,000 or $0.09 per diluted share for the second quarter 2012.  For the quarter ended June 30, 2013 net income was approximately $173,000 or $0.02 per diluted share, as compared to approximately $363,000 or $0.04 per diluted share for the same period in 2012.  

For the six months ended June 30, 2013, net income excluding non cash expenses* was approximately $1,257,000 or $0.14 per diluted share, compared to approximately $1,360,000 or $0.16 per diluted share for the same period in 2012.  Net income was approximately $522,000 or $0.06 per diluted share for the six month period, compared to approximately $727,000 or $0.09 per diluted share for the same period in 2012.

(000's Omitted)
	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
NET SALES	$	8,178	$	7,882	$	14,490	$	13,886
PRE-TAX INCOME	$	255	$	596	$	763	$	1,190
NET INCOME	$	173	$	363	$	522	$	727
NON CASH EXPENSES	$	518	$	416	$	735	$	633
NET INCOME - EXCLUDING NON CASH EXPENSES*	$	691	$	779	$	1,257	$	1,360
EPS BASIC	$	0.02	$	0.04	$	0.06	$	0.09
EPS DILUTED	$	0.02	$	0.04	$	0.06	$	0.09
EPS BASIC-excluding non cash expenses*	$	0.08	$	0.09	$	0.15	$	0.17
EPS DILUTED-excluding non cash expenses*	$	0.08	$	0.09	$	0.14	$	0.16

*Net income excluding non-cash expenses and diluted and basic earnings per share excluding non-cash expenses are non-GAAP measures of performance that management believes may be useful to investors when used as a supplement to GAAP measures of performance.

Ocean Bio-Chem, Inc. CEO Peter Dornau stated, "Our net income for the second quarter 2013 excluding non cash expenses are approximately at the same levels as last year’s second quarter.  The continued strong cash flow from our operations is also reflected in the strength of the Company’s Balance Sheet.  At June 30, 2013 the Company’s current ratio is over 5:1.  Also at June 30th, the Company did not have any outstanding amount on its revolving line of credit.  The Company also reduced long term debt by over $200,000 since the beginning of the year.

Our net sales in the second quarter increased by 3.8%.  Although not fully reflective in the overall sales results for the quarter, the Company achieved many sales successes in the 2nd quarter.  The Company  increased its’ sales to its largest customer, started to return to a more normal purchasing pattern after a inventory reduction program last year.  These sales increases were offset by lower sales to other marine customers.  The lower sales to other marine customers, was a result of reduced recreational boating in the second quarter, due to cold and inclement weather in most parts of the United States and Canada.  Although comparative marine sales were lower, it is believed the Company’s sales in the marine industry faired better than other competitors in the marine sector.

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The Company’s growth strategy to expand sales beyond our core marine industry continued to be successful in the second quarter 2013.  We increased sales of Star Tron™ in new markets including the automotive, power sports and outdoor power equipment - distributors and retailers."

Mr. Dornau continued “We are continuing to invest in building consumer recognition of our brands and products with a higher level of advertising in print, radio and television, promoting both brand awareness, as well as the attributes of our products.  In the second quarter the Company also increased its’ sponsorships of various fishing tournaments.  We have already seen a favorable response by a major national automobile chain retailer to our increased marketing initiatives.  The buyer was quite impressed with the increased marketing activities and we anticipate increasing sales to this major 4,000 store automobile retail chain.  It is important to realize, the first step is to secure distribution of our products with the national retailers.  The second step is to build consumer awareness of our products to insure continued sales of our products out the door, to consumers."

Peter Dornau concluded "We are in the final stages on development of packaging of our new Performacide™ products.  We have started initial presentations to several national chain retailers.  As previously announced, we are on schedule for a first or second quarter 2014 full product launch."

Previously we had announced that our subsidiary Star brite® Inc., was recently honored at the annual meeting of the National Marine Distributors Association (NMDA) as a finalist and a top three recipient of the Supplier of the Year Award for 2013.  The Company was notified last week by the NMDA, that there was a miscount in the tabulation of votes and in fact Star brite® Inc., was voted as the # 1 Supplier in the Gold Category for overall excellence. The Company’s award by the National Marine Distributors Association (NMDA) is a testimonial to the quality of Ocean Bio Chem, Inc. products and services which we believe gives the Company an edge over competitors.

About Ocean Bio-Chem, Inc.

Ocean Bio-Chem, Inc. is principally engaged in the manufacturing, marketing and distribution of a broad line of appearance and maintenance products for boats, recreational vehicles, automobiles, power sports, outdoor power equipment and motorcycle markets under the Star brite® StarTron® and other trademarks within the United States of America and Canada. In addition, the Company produces private label formulations of many of its products for various customers and provides custom blending and packaging services for these and other products. It manufactures its products in a 300,000 s.f facility in Montgomery, Alabama, from which they are distributed across the globe.

The Company trades publicly under NASDAQ Capital Markets, Ticker Symbol: OBCI.

The Company's web sites are: www.oceanbiochem.com, www.Starbrite.com, www.Startron.com and www.nos-guard.com.

Forward-looking Statements:

Certain statements contained in this Press Release including without limitation expectations as to future sales and operating results, constitute forward-looking statements. For this purpose, any statements contained in this report that are not statements of historical fact may be deemed forward-looking statements. Without limiting the generality of the foregoing, words such as "believe," "may," "will," "expect," "anticipate," "intend," "could" including the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that may affect these results include, but are not limited to, the highly competitive nature of our industry, reliance on certain key customers, changes in consumer demand for marine, recreational vehicle and automotive products, advertising and promotional efforts, exposure to market risks for changes in interest rates and in foreign exchange rates, and other factors.

Contacts:

Peter Dornau

President & CEO

pdornau@starbrite.com

954-587-6280

Jeff Barocas

Vice President & CFO

Jbarocas@starbrite.com

954-587-6280

Paul Knopick

E & E Communications

pknopick@eandecommunications.com

940-262-3584

2

EX-99.4

EXHIBIT 99.4

Ocean Bio-Chem, Inc. Reports Profitable Third Quarter 2013;

All Time Quarterly Record Sales

FORT LAUDERDALE, Fl, Marketwired – Nov. 14, 2013 – Ocean Bio-Chem, Inc. (NASDAQ: OBCI), a leading manufacturer and distributor of appearance, performance, and maintenance products serving the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets, announced today its operating results for the three and nine months ended September 30, 2013, including all time quarterly record sales.

Net sales for the third quarter of 2013 increased to $10.4 million dollars compared to net sales of $10.3 million dollars in the same period in 2012.  Net income (excluding non cash expenses*) was approximately $908 thousand dollars for the third quarter of 2013 or $0.10 per share diluted compared to $993 thousand dollars or $0.12 per share diluted for third quarter 2012.

For the quarter ended September 30, 2013 net income was approximately $622 thousand dollars or $0.07 per share diluted, compared to approximately $771 thousand dollars or $0.09 per share diluted for the same period in 2012.  For the nine months ended September 30, 2013, net income (excluding non-cash expenses*) was approximately $2.2 million dollars or $0.25 per share diluted, compared to $2.4 million dollars or $0.28 per share.  Net income was approximately $1.1 million dollars or $0.13 per share diluted for the nine month period, compared to approximately $1.5 million dollars or $0.18 per share diluted for the same period in 2012.

(000's Omitted)
	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2013		2012		2013		2012
NET SALES	$	10,441	$	10,262	$	24,931	$	24,148
PRE-TAX INCOME		980		1,150		1,743		2,339
NET INCOME		622		771		1,143		1,498
NON CASH EXPENSES		286		222		1,021		855
NET INCOME -EXCLUDING NON CASH EXPENSES	$	908	$	993	$	2,164	$	2,353
Shares Basic		8,605,183		8,288,613		8,499,800		8,201,376
Shares Diluted		8,839,244		8,595,506		8,770,158		8,540,777
EPS BASIC	$	0.07	$	0.09	$	0.13	$	0.18
EPS DILUTED	$	0.07	$	0.09	$	0.13	$	0.18
EPS BASIC-excluding non cash expenses	$	0.11	$	0.12	$	0.25	$	0.29
EPS DILUTED-excluding non cash expenses	$	0.10	$	0.12	$	0.25	$	0.28

(*Net income excluding non-cash expenses and diluted and basic earnings per share excluding non-cash expenses are non-GAAP measures of performance that management believes may be useful to investors when used as a supplement to GAAP measures of performance.)

Greg Dornau, Vice President of Sales & Marketing, stressed that “our Company set a record for sales in the third quarter.  The strong sales in the third quarter shows the success of our marketing programs for our enzyme fuel treatment product Star Tron® in the automotive power sports and small engine markets. This segment of business continues to grow.  In addition, we increased sales of our winterizing products, including antifreeze, to marine customers. Also we added new customers and increased sales to existing customers in the marine industry.”

Chief Financial Officer Jeff Barocas on expenses: “The third quarter was impacted by an unusually high level of legal costs.  We are currently protecting the Company’s patents against competitors using our proprietary technology, which has resulted in unusually high legal expenses.  We also reached a settlement on a labeling issue during the third quarter.  We do not anticipate this high level of spending to continue in the fourth quarter of this year.  Also, the Company incurred higher sales and marketing expenses during the current period.  These increased expenses were a result of the Company’s enhanced marketing activities in both traditional and newer markets.  Increased expenditures were incurred with higher exhibitor booth fees for both trade show and sponsored angler tournaments, in addition to increased travel and related expenses.  In additional the Company increased its consumer awareness programs with increased spending in consumer rebate programs, as well as other marketing and branding initiatives.  These increased marketing activities are building the foundation for consumer brand recognition of Star brite® and Star Tron® brands for future sales increases.”

“At the end of September 2013, the Company only had $300 thousand dollars in short term borrowings, which was paid off within 10 days in October.  Our cash position is excellent with a current ratio of 4.2:1 at September 30, 2013,” Mr. Barocas concluded.

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Peter Dornau, President & CEO, emphasized that “As we look around the corner at 2014, the prospects for the Company are excellent.  Some of our recent successes that will be seen in 2014 are the distribution of our Star Tron® products in 500 additional stores of a national hardware chain, in addition to a major in-store promotion of Star Tron® in another national big box national hardware retailer. We also have secured several hundred thousand dollars of new products business for 2014 with our largest marine customer.”

Peter Dornau concluded: “We are also in the final phase of registration and approval of our new Xtrem-A-Cide P® products, broad-spectrum disinfectants that are approved for use as sanitizers, virucides, tuberculocides, fungicides, algaecides, slimicides and deodorizers in both California and New York, the most difficult states for approval.  We are in discussions with several major distributors for the distribution of Xtrem-A –Cide P® into industries we currently do not sell.  Once we have formalized signed agreements the Company will issue press releases.  Xtrem-A-Cide P® products should be significantly accretive to both sales and income in 2014.  We are optimistic that these programs and others we will increase shareholders’ value in 2014.”

About Ocean Bio-Chem, Inc.:

Ocean Bio-Chem, Inc. is principally engaged in the manufacturing, marketing and distribution of a broad line of appearance and maintenance products for boats, recreational vehicles, automobiles, power sports, outdoor power equipment and motorcycle markets under the Star brite® Star Tron® and other trademarks within the United States of America and Canada. In addition, the Company produces private label formulations of many of its products for various customers and provides custom blending and packaging services for these and other products. It manufactures its products in a 300,000 s.f facility in Montgomery, Alabama, from which they are distributed across the globe.

The Company trades publicly under NASDAQ Capital Markets, Ticker Symbol: OBCI.

The Company's web sites are: www.oceanbiochem.com, www.starbrite.com ; www.startron.com; www.nos-guard.com

Forward-looking Statements:

Certain statements contained in this Press Release, including without limitation, our ability to provide required capital to support inventory levels, the effect of price increases in raw materials that are petroleum or chemical based or commodity chemicals on our margins, and the sufficiency of funds provided through operations and existing sources of financing to satisfy our cash requirements constitute forward-looking statements.  For this purpose, any statements contained in this report that are not statements of historical fact may be deemed forward-looking statements.  Without limiting the generality of the foregoing, words such as "believe," "may," "will," "expect," "anticipate," "intend," or "could," including the negative or other variations thereof or comparable terminology, are intended to identify forward-looking statements.  These statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from those expressed or implied by such forward-looking statements.  Factors that may affect these results include, but are not limited to, the highly competitive nature of our industry; reliance on certain key customers; changes in consumer demand for marine, recreational vehicle and automotive products; advertising and promotional efforts; exposure to market risks relating to changes in interest rates, foreign exchange rates, prices for raw materials that are petroleum or chemical based and other factors.

Contact:

Peter Dornau

CEO and President

pdornau@starbrite.com

954-587-6280

Jeff Barocas

Vice President & CFO

Jbarocas@starbrite.com

954-587-6280

Paul Knopick

E & E Communications

pknopick@eandecommunications.com

940-262-3584

2 

EX-99.5

EXHIBIT 99.5

Ocean Bio-Chem, Inc. Reports Record

Fourth Quarter Sales; 2013 Top Sales

Year in Company’s History

FORT LAUDERDALE, FL, Marketwired – January 16, 2014 -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI), a leading manufacturer and distributor of appearance, performance, and maintenance products serving the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets, today is pleased to announce all-time record fourth quarter and full year net sales in 2013.

The fourth quarter 2013 record sales were the fourth consecutive record net sales for the final quarter of the year.  The full year 2013 net sales eclipsed the previous record sales totals accomplished in 2011.

“The strong finish to 2013 is attributable to continued growth of StarTron® in several markets.  The Company also recorded strong growth of sales of both its branded and private marine products in the fourth quarter of 2013.  The Company benefitted from the colder weather around the country, with an increase of sales of our winterizing product group, primarily antifreeze products,” commented Peter Dornau, Ocean Bio-Chem CEO.

Jeff Barocas, Ocean Bio-Chem CFO, commented: “We are especially pleased with our fourth quarter sales record of approximately $7.8 million, compared to $6.9 million in the fourth quarter of 2012, an increase of 13%.  This double digit increase in sales in the fourth quarter is a strong indicator that our increased spending in marketing is having a positive impact on sales.  For the full year 2013, net sales were approximately $32.7 million compared to $31.0 million in 2012, an increase of 5%.  As we continue to increase sales, the percent of marketing and selling expenses should decline as a percent of sales.”

The complete Form 10-K filing of Ocean Bio-Chem financial statements for year 2013 will be available at www.sec.gov no later than March 31, 2014.

About Ocean Bio-Chem, Inc.:

Ocean Bio-Chem, Inc. is principally engaged in the manufacturing, marketing and distribution of a broad line of appearance and maintenance products for boats, recreational vehicles, automobiles, power sports, outdoor power equipment and motorcycle markets under the Star brite® StarTron® and other trademarks within the United States of America and Canada. In addition, the Company produces private label formulations of many of its products for various customers and provides custom blending and packaging services for these and other products.

The Company trades publicly under NASDAQ Capital Markets, Ticker Symbol: OBCI.

The Company's web sites are: www.oceanbiochem.com, www.starbrite.com  www.startron.com, and www.nos-guard.com

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Forward-looking Statements:

Certain statements contained in this Press Release, including without limitation, our ability to provide required capital to support inventory levels, the effect of price increases in raw materials that are petroleum or chemical based or commodity chemicals on our margins, and the sufficiency of funds provided through operations and existing sources of financing to satisfy our cash requirements constitute forward-looking statements. For this purpose, any statements contained in this report that are not statements of historical fact may be deemed forward-looking statements. Without limiting the generality of the foregoing, words such as "believe," "may," "will," "expect," "anticipate," "intend," or "could," including the negative or other variations thereof or comparable terminology, are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from those expressed or implied by such forward-looking statements. Factors that may affect these results include, but are not limited to, the highly competitive nature of our industry; reliance on certain key customers; changes in consumer demand for marine, recreational vehicle and automotive products; advertising and promotional efforts; exposure to market risks relating to changes in interest rates, foreign exchange rates, prices for raw materials that are petroleum or chemical based and other factors.

Contact:

Peter Dornau

CEO and President

pdornau@starbrite.com

954-587-6280

Jeff Barocas

Vice President & CFO

Jbarocas@starbrite.com

954-587-6280

Paul Knopick

E & E Communications

pknopick@eandecommunications.com

940-262-3584

2