SOURCE: Marine Exploration, Inc.

November 14, 2008 06:30 ET

Marine Exploration, Inc. Ship Sails for Dominican Republic and Commences Treasure Survey Operations

MIAMI, FL--(Marketwire - November 14, 2008) - Marine Exploration, Inc. (PINKSHEETS: MEXP) has commenced operations with the departure of their ship, the Hispaniola, out of the port of Miami, to their salvage destinations within the Dominican Republic waters. The exploration is headed by treasure hunter and renowned explorer Burt Webber, Jr. The Hispaniola has been modified to Webber's exact specifications. The 128-foot vessel will carry a four person crew and a seven member exploration team to waters north of the Dominican Republic.

The Company also has plans in place to pursue multiple notable shipwrecks.

Pictures of the Hispaniola and more information on Burt Webber, Jr. and the Hispaniola crew can be viewed at: www.mexp.biz

About Marine Exploration, Inc.

Marine Exploration, Inc. is currently pursuing two primary projects north of the Dominican Republic for which an exclusive host country treasure-salvage contract is in place.

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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