Deep Blue Marine Inc. Finds Wreck, Prepares to Analyze Age and Identity.

KEY WEST, Fla. -- Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that the divers have found an unclaimed wreck, and research is now in the process of determining the age and nation of registry.

Company president Wilf Blum said, "We are not sure as to the exact identity of the wreck, and if it is even a treasure vessel. We found the wreck as a result of work we have done with our sonar and detection equipment. The scatter pattern of the wreck starts in 58 feet of water and runs to 120 feet. Most of the field is covered in coral, and that in and of itself may present an obstacle that we cannot overcome at this time. However, this is only one wreck and we believe there are four different wrecks in the area. It is still much too early to try to decode what boat this is, and the nature of her cargo. Within 100 yards of this site, we have located traces of a small ballast pile, which we believe is from a second wreck. Shareholders should be aware that although this is great news, it is far from conclusive, and we are only releasing this information at this time so that we can talk more openly to investors and friends who phone in for information. But the bottom line to all this is that we are on a trail, and our equipment is working. The main reason for staying on this wreck and completing the survey of this area is that as I have studied the history of other salvage companies, many times they have given up an area only to come back several years later and find exactly what they were looking for only a few yards away. I'm not ready to leave this area yet; our equipment is telling us more than our eyes are seeing right now."

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

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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.