SOURCE: Deep Blue Marine Inc.

August 21, 2007 09:30 ET

Deep Blue Marine Inc. Finds Several New Artifacts Leading to the Anticipated Discovery of Potential Major Wreck in American Waters

KEY WEST, FL--(Marketwire - August 21, 2007) - Deep Blue Marine Inc. (PINKSHEETS: DPBM) is pleased to announce that divers have recovered several artifacts which appear to be iron ore ingots from an individual site and have located several more that are not yet recovered and remain in the original location. Divers recovered only enough to be used for identification and scientific study purposes. The artifacts referenced are located in the Atlantic Ocean and are being analyzed by a major university for approximate date, origin and quality of ore. Divers also recovered what appears to be precious metal in the same area.

Wilf Blum, president of Deep Blue, had this to say, "I'm personally very excited about the work we have done here because I can personally verify that the items in question were recovered in a permitted area and that they are real. We are excited to see what information is available about these iron ore ingots as they can really help us date the find, and also give us insight as to the origin of these small ingots. Along with the iron we have found other artifacts which appear to be made of precious and non precious metals, but we are awaiting analysis of those metals before we will know for sure as to what we have. The site evidence appears to indicate that a ship grounded out here at least 300 years ago; that being the case we are coming closer to identifying a major historical ship wreck of significant value. The evidence from the site is quite astounding and very encouraging."

For more information on Deep Blue Marine Inc., (DPBM), please visit www.alldeepblue.com

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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.
    Wilf Blum
    801-201-4691 personal phone