SOURCE: Oceanic Research and Recovey

August 19, 2010 08:00 ET

Oceanic Research & Recovery Retains Next Phase Consulting for Investor Relations and Strategic Consulting Services

PEORIA, IL--(Marketwire - August 19, 2010) - Oceanic Research and Recovery, Inc. (PINKSHEETS: ORRV), a marine salvage and exploration company, today announced that it has retained Next Phase Consulting, LLC ("NPC") for strategic investor and media relations services.

San Diego-based NPC is a leading consulting firm that specializes in creating and implementing comprehensive investor, public and media relations for venture stage and emerging growth companies. NPC utilizes a long-term, collaborative business model and will offer not only investor relations support, but adds strategic consulting, web 2.0 outreach, institutional road shows, media awareness, web development and marketing materials.

"With current operations and developments and our international growth plans, Next Phase Consulting will be instrumental in supporting our communications to our shareholders, the media and investment community at large. We look forward to a long and productive relationship," said Scott Heimdal, CEO.

About Oceanic Research and Recovery, Inc.

Oceanic Research and Recovery, Inc. (PINKSHEETS: ORRV) is engaged in the exploration of shipwrecks and uses innovative methods and state-of-the-art technology to conduct extensive search and archaeological recovery operations around the world. ORRV also has other shipwreck projects in various stages of development around the world.

For more information on ORRV please visit www.orrvweb.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

  • For additional information or to facilitate interviews, please contact:

    Terry L. Towery
    ORRV Communications Director
    309-696-4249
    Email Contact

    Peter Tobia
    ORRV Investor Relations
    908-331-0669
    Email Contact

    Scott Heimdal
    Chief Executive Officer
    RS Operations, Inc.
    Tel: 309-713-2048
    Fax: 309-713-2597
    Email Contact
    www.rsoperations.com