Deep Blue Marine, Inc. Announces today completion of an Asset Sale Agreement with Oceanic Research & Recovery, Inc


Sandy, UT, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Deep Blue Marine, Inc. Announces today completion of an Asset Sale Agreement with Oceanic Research &
Recovery, Inc

Sandy, UT-Deep Blue Marine Inc. (Pink Sheets: DPBE) (Pink Sheets: ORRV), for the purchase of its equipment located in Key West, Florida and the assumption of 100% of Deep Blue Marine's Florida Operations.

By the terms of the Asset Sale Agreement, Oceanic will receive
three fully equipped work vessels, including additional support
equipment and Deep Blue's Key West offices and boat slips. Oceanic
recently entered into an agreement to assume the sites currently under
contract with the Rose/Wells Group known as the "Kirby" and "Woman
Key" sites.

As consideration Deep Blue Marine received 100,000,000 shares of
ORRV's restricted stock. This stock in turn will be distributed among
the Deep Blue shareholders, on a 1:1 exchange basis.

"We are a new recovery company; however, virtually all personnel
involved in the operations are experienced divers. We are excited
about this opportunity and we will run the Key West operations in an
efficient and professional manner, while pursuing additional contracts
for salvage and recovery," said William Shupe, Oceanic's President.

"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.


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