Deep Blue Marine, Inc. Update

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Thu Apr 22, 2010 1:08pm EDT

  SALT LAKE CITY, UT, Apr 22 (MARKET WIRE) -- 
Deep Blue Marine, Inc. (PINKSHEETS: DPBE) announced today that the
company has taken possession of the 77 foot Kerri Lynn and a retrofit
crew is now in Florida working on cleaning and removal of unneeded shrimp
nets and other shrimp fishing equipment. 

    The boat is the sister-ship to the 77 foot 88 ton boat the Capt N Tracy.
Management has purchased dive equipment, excavation equipment, and
navigation equipment and has begun to ship equipment to the boat in
preparation for the voyage to the Dominican Republic. Management hopes to
be ready to sail no later than May 1st 2010, weather permitting. 

    On a further note, company President and CEO, Wilf Blum has continued to
purchase shares of the company in the open market for his own account,
and at this time holds 133,338,149 free trade shares purchased from the
market. Mr. Blum has taken no shares from treasury and expects to
purchase several million more shares from the market for his personal and
corporate accounts.

    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. 

    

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

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