SOURCE: Deep Blue Marine, Inc.

November 19, 2007 10:31 ET

Deep Blue Marine Inc. Prepares to Purchase Larger Boat for Recovery Project on Terry's Site

KEY WEST, FL--(Marketwire - November 19, 2007) - Deep Blue Marine Inc. (PINKSHEETS: DPBM) is pleased to announce that the company has entered into an agreement to purchase a larger ocean-going vessel that can handle rough seas and longer voyages.

The boat in question is a 93-foot steel hauled Shrimp trawler. The boat will be registered to the company and captained by Billy Rawson of Key West, Florida.

Captain Rawson had this to say, "I've been on the ocean since I was a kid, I've handled a lot of boats, and this is a boat we can work from and be safe on. This boat will make our job a lot more successful. This is a boat."

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"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

  • Deep Blue Marine Inc.
    Wilf Blum
    801-201-4691 personal phone