Deep Blue Marine, Inc. Purchases Ship

   Deep Blue Marine, Inc. (PINKSHEETS: DPBE) announced today that the company has purchased a second 88 ton vessel which management plans to relocate to the Caribbean. The ship is the 77 foot sister ship of the Cap'n Tracy.

The company will begin retrofit next week to prepare the ship for recovery work. The purchase is made in the effort to keep up with the demands set upon the company as operations expand.

To see a photo of the ship or for more information on Deep Blue Marine, Inc. (DPBE) go to www.alldeepblue.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.

Contact: Deep Blue Marine, Inc. 801-201-4691