Deep Blue Marine, Inc. Signs Second Major Contract
July 29 2010 - 9:30AM
Marketwired
Deep Blue Marine, Inc., (PINKSHEETS: DPBE), announced today that
the company has entered into a second major contract in the
Dominican Republic. Under the direction of the Government of the
Dominican Republic, and working under the supervision of the Marina
de Guerra Dominicana and an inspector from the Oficina Nacional de
Patrimonio Cultura Subcuatico, Deep Blue Marine, Inc. has signed an
agreement to provide services in the area of survey and recovery of
artifacts for an undisclosed permitted area on the North Shore of
the Dominican Republic. The company-owned dive and recovery vessels
will be on site within days to begin work.
Deep Blue Marine, Inc. has been in the recovery business for
several years and has recovered airplanes, modern sunken vessels,
industrial equipment and historical shipwrecks. The company houses
many of its artifacts in a company owned museum located in Samana,
Dominican Republic and plans to open similar venues in that country
in the near future.
Wilf Blum, President and CEO, stated, "We are very excited about
this new contract, as this area of the Dominican Republic is in the
heart of the major shipping lanes of the new world. From the time
Columbus discovered this country in 1492 until present day, ships
have traversed this area. The historical impact of shipping in this
area cannot be overestimated. We have charted many significant
wreck sites and have determined this is indeed a very important
historical area. Over the centuries, ships have washed up on the
reefs and shores of this stretch of land as hurricanes, storms and
poor navigation took their toll. The company is pleased to be given
this incredible opportunity to recover history and preserve history
for future generations. Deep Blue wishes to publicly thank and
commend Captain Billy Rawson and archaeologist Alejandro Selmi,
plus the crews of both the 'Lady Laura' and the 'Cap'n Tracy,' for
all the work they have performed in securing this incredible
opportunity for our company.
"As a company, we look at this area as perhaps one of the most
important areas ever to be explored as there were several
significant vessels of record that washed up on the north shore
during hurricanes. Adding this part of the country to the recently
announced area in Punta Cana, which contract exists under the
auspices and existing contract that Fundacion Puntacana has with
the Ministry of Culture of the Government of the Dominican
Republic, will provide us with the ability to explore the two most
historically important shipping lanes of the New World that touch
on this island nation. In the Punta Cana area, we are most
interested in the 1502 fleet that lost over 20 vessels in one
storm. The losses in both of these areas were staggering and our
work allows us to bring to light the conditions under which the men
lived. We hope to recover many of the incredible historical
artifacts that lay on the bottom of the ocean. These items have
remained lost to history for hundreds of years. Upon recovery they
will be turned over to the Oficina Nacional de Patrimonio Cultura
Subcuatico for cataloging and restoration. Fundacion Punta Cana's
division of items recovered will be housed in a museum that
Fundacion Punta Cana is constructing within the Altagracia
Province. The items recovered on the North Shore will be housed in
the National Museum in Santo Domingo and also in The Shipwreck
Museum owned and operated by Deep Blue Marine, Inc., located in
Samana, Dominican Republic."
Journalists and individuals seeking interviews and photos of
artifacts are encouraged to contact Mr. Randy Champion at Deep Blue
Marine's head office in Salt Lake City, Utah, at 801-586-1873,
cellular 801-631-2904 or email at media@alldeepblue.com. All media
will be directed through Mr. Champion.
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.
Deep Blue Marine, Inc. 801-201-4691
Deep Blue Marine (CE) (USOTC:DPBE)
Historical Stock Chart
From Oct 2024 to Nov 2024
Deep Blue Marine (CE) (USOTC:DPBE)
Historical Stock Chart
From Nov 2023 to Nov 2024