Deep Blue Marine Inc. Finishes Off 2010 Recovery Season and Prepares for 2011

Deep Blue Marine Inc. (OTC: DPBE.PK) announced today that the company has completed the 2010 dive program. There were many great accomplishments in 2010; the crowning achievement has been the location, survey and beginning work on Rawson’s Wreck. Captain Billy Rawson is currently preparing the “Karli Ann” to return to the site within the week.

Rawson’s Wreck is located within the existing permitted area worked by Deep Blue Marine Inc. It is one of 12 different ship wrecks located in that area and the first one to be excavated by the company under its own contract with government authorities. Company divers first began diving the wreck under the direction and supervision of Capt. Billy Rawson and in compliance with all aspects of existing permits, contracts and regulations.

Under the direction of Alejandro Selmi, Professional Archeologist, in the first few months divers have recovered several hundred silver coins, several silver splash discs, ranging in weight from 120 troy ounces down to a few ounces. The divers also recovered two very rare mirrors believed to be made of iron pyrite, and several jade statues, jade beads, pieces of gold including jewelry and one gold ring. Several pieces of pewter ware, cannon and musket balls, plus many artifacts of great historical importance.

Wilf Blum, President and CEO, stated: “This has been a very good year for Deep Blue. Many of these artifacts are in very excellent condition and appear to be very rare. Some are the early series coins, and some are from the late series of coins minted in Mexico City, which dates from 1536 – 1572. It appears that Rawson’s Wreck is a very early colonial ship wreck and as such it fills a vital link in the history of the new world.” Readers should be aware that this site was discovered by Captain Billy Rawson and that his work and diligence is what has brought it to the attention of the world. “As always investing in this type of venture is very risky and no one should invest in this type of venture if they cannot safely tolerate that risk.”

Journalists and individuals seeking interviews are encouraged to contact Mr. Randy Champion at Deep Blue Marine's office in Midvale, Utah, phone 801-568-1873 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 (CE) (USOTC:DPBE)
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