Deep Blue Marine Inc. Moves "Capt N Tracy" to Dry Dock

Market Wire, January, 2009

Deep Blue Marine Inc. (PINKSHEETS: DPBE) announced today that the company's recovery vessel had been lifted out of the water and the crew is installing a prop wash deflector and performing annual maintenance to the hull.

The purpose of the deflector is to move clean surface water down to the murky depths so that the crew can continue to work in poor visibility that exists from time to time at the sites at which the company works.

Wilf Blum, president and CEO, had this to say: "With the addition of the blower, we should be able to increase our workable days by more than 50%. In 2008 we lost a lot of time due to poor viz at depth. The blower will actually be able to move clear surface water down to the working depths as deep as 50 feet and thus provide much better working conditions for the divers. This is a great step forward and a great benefit to our company."

For more information on Deep Blue Marine Inc. (DPBE) go to www.alldeepblue.com or www.goldenboards.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