SOURCE: Oceanic Research & Recovery

June 19, 2008 09:30 ET

Oceanic Research & Recovery, Inc. Files Current Information With Pinksheets.com

LINDON, UT--(Marketwire - June 19, 2008) - Oceanic Research & Recovery, Inc. (PINKSHEETS: ORRV), a marine salvage and exploration company, announced today that it filed its current company information with Pinksheets.com, a leading provider of financial information for companies traded on the over-the-counter (OTC) securities market.

Oceanic Research & Recovery (ORR) is completing its new website, which will provide additional information to its shareholders as well as offer company updates and photographs of all developments at the "Kirby" and "Woman Key" sites in Key West, Florida, where ORR divers are currently working under the company's contract with the Rose/Wells group.

ORR also retained the services of Sonographics Inc., one of the industry's top Mag, Sub-bottom and Side-scan profile firms, to assist it in the exploration of its permitted dive sites. Sonographics assisted the company in limited capacity in 2007 and produced the discovery of a 17th Century anchor in the ORR's permitted survey and inventory area.

"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.

For more information, visit ORR's website at http://www.oceanicresearchandrecovery.com or info@oceanicrandr.com

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