SOURCE: Deep Blue Marine, Inc.

December 06, 2007 10:00 ET

Deep Blue Marine, Inc. Announces Purchase of New Boat for Exploration and Recovery of Artifacts

KEY WEST, FL--(Marketwire - December 6, 2007) - Deep Blue Marine, Inc. (PINKSHEETS: DPBM) is pleased to announce that as of December 6th, 2007 paperwork has been completed on the purchase of the "Miss Reba Grace," a 77 foot fishing trawler constructed in 1978. Deep Blue Marine will take possession of the boat in the next few days and move it to Key West, Florida, where outfitting will commence to prepare the boat for its first expedition. It is anticipated that the boat, renamed the "Cap'n Tracy," will be ready to head out on its first assignment in January, 2008.

Captain William Rawson states, "This is truly a monumental step forward for Deep Blue Marine. We now own a vessel that can go virtually in any seas and in any weather, short of a hurricane. It is a very secure vessel for the type of work we are doing and with the large work platform aft it will give us the space to comfortably work. The crew will be well taken care of with nice quarters, large galley and great facilities -- even a washer and dryer! Thanks Wilf for making me one happy cappy and thanks to all for making this a reality."

To view photos of the new boat go to www.alldeepblue.com/wordpress

For more information on Deep Blue Marine, Inc. (DPBM) 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

    Wilf Blum
    801-201-4691