Navios Maritime Acquisition Corporation Announces Availability of Form 20-F for the Year Ended December 31, 2009

PIRAEUS, Greece, Feb. 24 /PRNewswire-FirstCall/ -- Navios Maritime Acquisition Corporation ("the Company") (NYSE: NNA) announced today that its Annual Report on Form 20-F for the year ended December 31, 2009 has been filed with the SEC. Interested parties can view the Form 20-F online at the following site: http://www.navios.com/AcquisitionCorporation.asp .

Alternatively, shareholders may request a hard copy of the complete audited financial statements, free of charge, by contacting the Company at:

About Navios Maritime Acquisition Corporation

Navios Maritime Acquisition Corporation (NYSE: NNA) ("Navios Acquisition") is a publically traded Special Purpose Acquisition Corporation (SPAC) formed under the laws of the Marshall Islands. Navios Acquisition serves as a vehicle for acquisition through a merger, capital stock exchange, asset acquisition, stock purchase or other similar business combination, one or more assets or operating businesses in the marine transportation and logistics industries.

For more information about Navios Acquisition, please visit our website: http://www.navios.com/AcquisitionCorporation.asp

Forward Looking Statements -- Safe Harbor

This press release may contain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements inherently involve risks and uncertainties that are detailed in the Company's prospectus and other filings with the Securities and Exchange Commission and, therefore, actual results could differ materially from those projected in the forward-looking statements. The Company assumes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Navios Maritime Acquisition Corporation