March 20, 2008 11:59 ET

Marine Exploration, Inc. Announces That the Sun-Sentinel Confirms Unprecedented Array of High Tech Gear Onboard Pirate Treasure Hunting Ship

MIAMI, FL--(Marketwire - March 20, 2008) - Marine Exploration, Inc. (PINKSHEETS: MEXP) announces the Sun-Sentinel newspaper in South Florida sent a reporter and photographer to the Ocean Lady to report about Burt Webber and the Company's pirate treasure hunting ship. The penetrating article published on Wednesday confirmed an unprecedented array of high tech treasure hunting gear onboard the first class 128-foot Ocean Lady berthed on the Miami River.

The Ocean Lady, being readied by Joint Venture partners Marine Exploration, Inc. and Burt Webber's Hispaniola Ventures, LLC, will soon set out to search the scene of treasure galleon shipwrecks off the Silver Bank of the Dominican Republic. Noted in the Sun-Sentinel article was Webber's unique agreement with the Dominican Republic: an exclusive state-of-the-art host country treasure-salvage contract for search rights in an area thought to be a graveyard for numerous ships. Long term, the Company will explore several wrecks under the Dominican Contract and has plans in place to pursue additional multiple notable shipwrecks worldwide.

The Sun-Sentinel article can be viewed at
http://www.sun-sentinel.com
Search term: Burt Webber

In other news, Webber is scheduled to be interviewed by Paul and Young Ron this Friday at 9:20AM. The show can be heard on WBGG Big 106 (105.9FM) in West Palm Beach, Ft. Lauderdale, Miami and the Florida Keys.

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.