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Deep Blue Marine Inc. Receives Strong Upgrade by Respected Research Firm; Management Reaches Agreement to Retain 20% of Net Profit from $500 Million Deep Water Salvage of Treasure.


SALT LAKE CITY -- Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC TSC Thestreet.com (stock symbol)
TSC Time Stamp Counter
TSC Tuberous Sclerosis Complex
TSC Tractor Supply Company
TSC Terrorist Screening Center (Department of Homeland Security) 
), has upgraded their equity rating on DPBM. This strong upgrade comes at a time when the company has signed an agreement to assist in the deep water recovery of an estimated $500 million of treasure. Deep Blue Marine will retain 20% of the net profit from the salvage salvage, in maritime law, the compensation that the owner must pay for having his vessel or cargo saved from peril, such as shipwreck, fire, or capture by an enemy. Salvage is awarded only when the party making the rescue was under no legal obligation to do so.  they recover at the site. Project is anticipated to be completed by year-end 2006.

TSC is noted for their work with account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
: http://www.otclive.com.

Wilf Blum, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Deep Blue Marine, stated, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction." Blum further stated, "Our deep water salvage generated better than expected results. Our technology, combined with other groups, has produced strong anomalies that include gold, silver, bronze and emeralds."

About Deep Blue Marine Inc.

Deep Blue Marine Inc. is engaged in deep water exploration and recovery of important treasures and artifacts artifacts

see specimen artifacts.
 worldwide. In the coming season, the company will dive on known and permitted wrecks Wrecks is a one-man play by Neil LaBute, that was first staged in Cork, Ireland. It made its American debut at the Public Theater (in an extended run) in New York City in 2006. Both productions starred Ed Harris and were directed by LaBute.  as well as establish exact locations of other known wrecks. All work will be video recorded.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 25, 2006
Words:302
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