Marine Exploration Announces Recent Return to Treasure-Laden Solo Dios Gloria Shipwreck

Renowned Treasure Hunter Burt Webber Leads Crew in Quest for Gold, Silver, and Jewels

MIAMI--(BUSINESS WIRE)-- Marine Exploration, Inc. (OTCBB: MEXP), and its Joint Venture Partner Hispaniola Ventures, LLC, announces their treasure hunting ship RV Hispaniola has recently left port returning to the site of the shipwrecked Spanish galleon Solo Dios Gloria. One of the world’s greatest divers, Burt D. Webber Jr., leads the crew as it seeks the sunken trove of gold, silver and jewels rumored to be on the Solo Dios Gloria. Shareholders and investors can expect the Company to issue near term updates and results from the ongoing salvage operations.

An early 18th Century Spanish galleon, the Solo Dios Gloria sank off the north coast of the Dominican Republic. In late December 2009, the Dominican Republic confirmed Marine Exploration’s discovery of artifacts from the ship. The 300-plus items included silver coins, jewels, gold jewelry with pearls, a solid gold ring with diamonds, two hand-held bronze cannons, numerous pistols and cannons, guild pewter plates, navigation compasses, plumb lines for measuring depth, a pistol, sword sheaths, ornaments, plates, silverware, sword handles, a device to measure the ship's speed, bronze candlesticks, and a previously discovered bell from 1693 with the phrase 'Soli Deo Gloria'.

Mark Goldberg, CEO, Marine Exploration states, “The quest continues. Renowned treasure hunter Burt Webber knows well the Dominican Republic waters and has cutting-edge technology aboard the RV Hispaniola. We believe Burt and crew are at the right place at the right time.”

For detailed information about Marine Exploration visit http://www.mexp.biz

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About 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 anticipate 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.

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. http://www.mexp.biz

Contacts

Marine Exploration, Inc.
Emerson Gerard Associates
Jerry Jennings, 561-881-7318
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Source: Marine Exploration, Inc.