SOURCE: Deep Blue Marine, Inc.

Deep Blue Marine, Inc.

August 26, 2010 09:30 ET

Deep Blue Marine, Inc. Requests Recovery Permit

SALT LAKE CITY, UT--(Marketwire - August 26, 2010) -  Deep Blue Marine, Inc. (PINKSHEETS: DPBE) announced today that the company has requested a recovery permit as specified in its contract with the Government of the Dominican Republic. Working under the supervision of the Marina de Guerra Dominicana and an inspector from the Oficina Nacional de Patrimonio Cultural Subacuático, Deep Blue has signed an agreement to provide services in the area of survey, recovery and restoration of artifacts for an undisclosed permitted area on the north shore. The request was made as a result of major historical finds in the contract area. 

The location of the find will not be released to the public at this time, but company vessels will be onsite as soon as permission for recovery is granted.

Deep Blue Marine, Inc. has been in the recovery business for several years and has recovered airplanes, modern sunken vessels, industrial equipment and historic shipwrecks. The company houses many of its artifacts in a company owned museum located in Samana, Dominican Republic and plans to open similar venues in that country in the near future. 

Wilf Blum, President and CEO, stated, "This is what we have been working towards now for 6 years and to be at this point in our business is perhaps the greatest achievement in most of our professional lives. Nothing in our past is equal to what we are seeing today. We are very grateful to the government for this amazing opportunity to be a part of this historical discovery."

Journalists and individuals seeking interviews and photos of artifacts are encouraged to contact Mr. Randy Champion at Deep Blue Marine's head office in Salt Lake city, Utah phone 801-568-1873, cell 801-631-9104 or email at media@alldeepblue.com. All media will be directed through Mr. Champion.

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