SOURCE: Deep Blue Marine Inc.

October 04, 2007 09:39 ET

Deep Blue Marine Inc. Makes Major Recovery

SALT LAKE CITY, UT--(Marketwire - October 4, 2007) - Deep Blue Marine Inc. (PINKSHEETS: DPBM) is pleased to announce that company divers have started recovery of a significant wreck in the Atlantic Ocean with recovery of several hundred coins.

President and CEO Wilf Blum had this to say: "This is a great day for our company, we have worked on this site for the better part of a year and as of yesterday it has started to pay off in a very exciting way. The size and location of the site will not be released at this time in an effort to protect divers and company assets. Investors and shareholders are asked to please not post speculative locations as a recovery of this size will attract unwanted attention. Shareholders can rest assured that this recovery is legal and permitted, all proper documentation is in place and filed, and all agreements with government agencies are in place."

Shareholders are invited to join Mr. Blum in a Conference Call tonight at 6:00 PM EDT. Please go to the company blog at www.alldeepblue.com for information on how to participate in the call.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact Information

  • Wilf Blum
    personal phone 801-201-4691