SOURCE: Deep Blue Marine, Inc.

Deep Blue Marine, Inc.

June 24, 2009 09:30 ET

Deep Blue Marine, Inc. Issues Company Update

SALT LAKE CITY, UT--(Marketwire - June 24, 2009) - Deep Blue Marine Inc., (PINKSHEETS: DPBE) is pleased to release the following update on the company's progress.

Deep Blue Marine has signed an agreement with wsRadio to co-produce a weekly one hour internet radio show on all aspects of treasure hunting. The show will be hosted by Wilf Blum, President and CEO of Deep Blue Marine, Inc. and will air each Monday afternoon from 5 PM until 6 PM PDT beginning on June 29, 2009. For more information on wsRadio go to their website at www.wsradio.com.

The gold buying program in Canada is progressing well, but has dropped off in the American markets. The gold buying subsidiary, Deep Blue Treasures, is trying some new marketing approaches to see if that can help boost the profit margin.

The research and recovery vessel, Cap'n Tracy is back on location on Terry's site following a brief interruption to repair a faulty compressor. In the words of the boat captain, Billy Rawson, "Unbelievable conditions, by far the best I have seen here." The weather is also cooperating and the morale of the crew is high.

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:
    Wilf Blum
    801-201-4691