Salvage Resumes of Ship Wrecked in 1700s; Marine Exploration’s RV Hispaniola Searches Site for More Gold and Pearl Jewelry

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Marine Exploration, Inc. MEXP announces the RV Hispaniola has returned to the site of the 1700 wreck the Company has been salvaging. According to the contract extension and expansion recently signed with the Dominican Republic, the Company is now allowed to explore and recover treasure from additional shipwrecks in DR waters. The dive team will resume searching for more treasure immediately.

“It is likely this ship sunk many years before the signing of our Declaration of Independence. Every bit of the treasure recovered thus far has been delivered to the Dominican Republic Sub Aquatic Office, Ministry of Culture for inventory and division under our Host Country Contract. The sunken treasure already salvaged includes gold and pearl jewelry, silver fittings, dynasty china and other artifacts. We also have great photos of a beautiful bronze cannon raised from the site and expect to upload them to our website soon," notes Mark Goldberg, CEO Marine Exploration.

Marine Exploration, Inc. and joint venture partner Hispaniola Ventures, LLC, headed by Burt D. Webber, Jr., plan to continue the shipwreck site survey and salvage and anticipates locating and recovering additional historic shipwrecks with valuable artifacts and treasure. Working under exclusive contract with the Dominican Republic, the Company has plans in place to pursue multiple notable shipwrecks in Dominican Republic territorial and jurisdictional waters. http://www.mexp.biz/

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.

Prospective investors are cautioned (http://www.sec.gov/cgi-bin/browse-edgar?type=424B3&dateb=&owner= include&count=40&action=getcompany&CIK=0001019654) that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. To see our website, go to http://www.mexp.biz.

Emerson Gerard Associates
Media Relations Contact:
Jerry Jennings, 561-881-7318
mediareply@emersongerard.com

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