SOURCE: Deep Blue Marine, Inc.

Deep Blue Marine, Inc.

April 01, 2010 11:00 ET

Deep Blue Marine, Inc. Prepares Joint Venture With Cross Search and Recovery International

SALT LAKE CITY, UT--(Marketwire - April 1, 2010) - Deep Blue Marine, Inc., (PINKSHEETS: DPBE), announced today that the company will enter a joint venture with Cross International Search and Recovery, based out of American Fork, Utah. The joint venture will be developed to fulfill the anticipated contract in the Middle East. 

Wilf Blum, President and CEO of Deep Blue Marine, had this to say, "Deep Blue and Cross Marine have a long and successful history together. We have worked together on several projects over the years and each has been completed successfully. Cross brings a world of knowledge and skill to this venture."

James Cross, President of Cross International, had this to say, "We have worked well together in the past, and I see no reason for that to change. Everyone involved in this project stands to benefit greatly from each other's strengths."

For more information on Deep Blue Marine, Inc. (DPBE) go to www.alldeepblue.com

For more information on Cross Marine go to www.crossmarineprojects.com

"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

  • Contact: Deep Blue Marine, Inc. 801-201-4691