SOURCE: Marine Exploration Inc.

March 26, 2008 06:30 ET

Marine Exploration, Inc. Announces Filing Form 211 to Be Moved From Pink Sheets to OTCBB

DENVER, CO--(Marketwire - March 26, 2008) - Marine Exploration, Inc. (PINKSHEETS: MEXP), trading on the Pink Sheets under stock symbol MEXP, announces that it has made application in accordance with the Financial Industry Regulatory Authority (FINRA) requirements to move from trading on the Pink Sheets to trading the Over the Counter Bulletin Board (OTCBB).

Marine Exploration, Inc. is currently pursuing two primary treasure-salvage projects north of the Dominican Republic for which an exclusive state-of-the-art host country contract is in place. Long term, Marine Exploration, Inc. will explore several wrecks under the Dominican contract with plans in place to pursue additional multiple notable shipwrecks worldwide.

This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934 as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

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