Odyssey Marine Exploration to Ring Opening Bell at NASDAQ MarketSite
Tampa, FL – November 10, 2011 - Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), a pioneer in the field of deep-ocean shipwreck exploration, will ring the Opening Bell at NASDAQ MarketSite in New York on Monday, November 14, 2011, at 9:30 am EST. The Ceremony can be watched live by logging in at http://www.nasdaq.com/about/marketsitetowervideo.asx starting at 9:15 am EST.
“We are honored to be able to ring the Opening Bell at NASDAQ, one of the world’s most prestigious stock exchanges, for the second time. Since joining NASDAQ, we have celebrated several important accomplishments, but 2011 has been an especially monumental year for us with the announcement of two history-making shipwreck discoveries. We’re looking forward to recovering the large silver cargo from the SS Gairsoppa and SS Mantola in 2012. We’re also planning at least one additional recovery operation in the coming year, and continuing to build our ocean mining exploration initiatives. As we continue to share the excitement of our work with the world, we remain focused on advancing the interests of our shareholders,” said Mark Gordon, Odyssey’s President and Chief Operating Officer.
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About Odyssey Marine Exploration, Inc.
Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) is engaged in deep-ocean exploration using innovative methods and state-of-the-art technology. The Company is a world leader in shipwreck exploration, conducting extensive search and archaeological recovery operations on deep-ocean shipwrecks around the world. Odyssey also has a minority ownership stake in Neptune Minerals, a company focused on discovering and commercializing high-value mineral deposits from the ocean floor. Odyssey also provides contracting services, including proprietary deep-ocean expertise and equipment, to governments and companies around the world.
Odyssey recently located the shipwreck of the SS Gairsoppa, which sank in 1941 carrying a reported cargo of up to seven million ounces of silver. The Company also discovered the Civil War-era shipwreck of the SS Republic® in 2003 and recovered over 50,000 coins and 14,000 artifacts from the site nearly 1,700 feet deep. In May 2007, Odyssey announced the historic deep-ocean treasure recovery of over 500,000 silver and gold coins, weighing 17 tons, from a Colonial-era site code-named "Black Swan." In February 2009, Odyssey announced the discovery of Balchin's HMS Victory. Odyssey also has other shipwreck projects in various stages of development around the world.
Odyssey offers various ways to share in the excitement of deep-ocean exploration by making shipwreck treasures and artifacts available to collectors, the general public and students through its webstore, exhibits, books, television, merchandise, educational programs and virtual museum located at www.odysseysvirtualmuseum.com.
Odyssey's shipwreck operations are the subject of a Discovery Channel television series titled "Treasure Quest," produced by JWM Productions. The 12-episode first season aired worldwide in 2009.
Following previous successful engagements in New Orleans, Tampa, Detroit, Oklahoma City, Charlotte, Baltimore and Sarasota, Odyssey's SHIPWRECK! exhibit is now open at the Witte Museum in San Antonio.
For details on Odyssey's activities and its commitment to the preservation of maritime heritage please visit www.shipwreck.net.
Odyssey Marine Exploration believes the information set forth in this Press Release may include "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 Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2010, which has been filed with the Securities and Exchange Commission.