Deep Blue Marine Inc. Finds New Evidence on Several Sites.

KEY WEST, Fla. -- Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that the company has completed extensive surveys as of Saturday, October 21, 2006 using state-of-the-art equipment on 6 of the 9 sites they are currently exploring. The equipment used for most of the work was a Strata Box sub bottom profile machine. The results of the survey work are recorded on a laptop which is then sent in to the lab for profile analysis. The final results should be returned to the company within one week.

Wilf Blum, President and CEO, said, "The interpretation of the computer files is of the utmost importance because they usually can turn sound waves into 3-D images, which then allows us to see the shape, size and amount of the objects we have found. When we ran the tests there were a lot of hits, now seeing what those hits are will be the best part, and they should be pretty good pictures, based on what we have seen in the past. We will post them to the web site as soon as they come back."

For more information on Deep Blue Marine Inc. (DPBM), go to www.alldeepblue.com or www.stockinformationsystems.com.

"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.