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Odyssey's SHIPWRECK! Exhibit to Open at Discovery Times Square

**Silver Recovered from the Record-Breaking Gairsoppa Shipwreck Project will be on Public Display for the First Time**

 

Tampa, FL - April 17, 2013 - Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), a pioneer in the fields of deep-ocean shipwreck and offshore mineral exploration, announced today that the first public unveiling of silver recovered from the SS Gairsoppa shipwreck will be held when its multi-media traveling exhibit opens at Discovery Times Square in New York City on May 24, 2013.

SHIPWRECK! features hundreds of authentic artifacts and historical treasures recovered from Odyssey’s deep-ocean projects from around the world. Odyssey’s world-class archaeological work is showcased through interactive elements, graphic displays and an enhanced theater experience.

Silver recovered from the World War II-era SS Gairsoppa shipwreck, which lies approximately three miles deep, will be on display. This is the first public showing of some of the 1,218 silver bars (approximately 48 tons) of silver recovered to date from the Gairsoppa, which is the heaviest and deepest recovery of precious metal from a shipwreck in history.

In addition to the Gairsoppa silver, Odyssey is expanding the SHIPWRECK! Treasure Room to include a large selection of never-before-displayed coins from both the SS Republic and the “Tortugas” shipwrecks.

“We're really excited about bringing SHIPWRECK! to Discovery Times Square in New York City. Our team has discovered hundreds of shipwrecks in the deep ocean ranging from 2,000 year old Roman wrecks to WWII U-boats, and last year set a record by recovering 48 tons of silver from a shipwreck nearly three miles deep. One of our company's goals is to share our amazing work in the deep ocean with the general public, and Discovery Times Square is a premiere venue. SHIPWRECK! allows visitors to get up close and personal with the artifacts we’ve discovered and to learn about the team, tools and technology necessary to explore the deep ocean,” said Greg Stemm, Odyssey Chief Executive Officer.

"The Odyssey crew is a group of true pioneers in the world of deep-sea exploration and their quest for uncovering the past aligns well with the stories we have brought to life here at Discover Times Square,” said James Sanna, President and Executive Producer of Discovery Times Square. “We are thrilled to host such an exciting exhibition featuring Odyssey's incredible deep sea discoveries.”

SHIPWRECK! allows visitors to experience the thrill of shipwreck exploration while investigating some of the world’s greatest maritime stories and mysteries. Featuring authentic shipwreck artifacts recovered by Odyssey in the Atlantic Ocean, English Channel and Mediterranean Sea, the exhibit takes visitors on a voyage through more than 2,000 years of seafaring history. A variety of authentic shipwreck treasure, decorative porcelain figurines, personal items like combs and tooth brushes and even the 300-year-old logarithmic calculator on a folding rule – the oldest ever recovered on a shipwreck site – are on display in the exhibit.

The fascinating story of one of America’s most famous shipwrecks, the Civil War-era SS Republic, is a highlight of the exhibit. The Republic’s vivid history including its historical connection to New York City is brought to life by the wide variety of treasure and artifacts on display. First-hand accounts from the passengers aboard the Republic during her final stormy journey departing from the New York harbor help paint the picture of her tragic demise.

The pioneering techniques and technology that allowed Odyssey to discover some of the most famous shipwreck sites in the world are also presented. A full-size replica of ZEUS, Odyssey’s eight-ton Remotely Operated Vehicle (ROV) which acts as the archaeologist’s hands and eyes in the deep ocean will also be on display.

Guests can test their skills by attempting to pick up artifacts with an operable model of ZEUS’ robotic arm. An interactive version of the SS Republic photomosaic takes guests to the SS Republic which lies 1,700 feet beneath the Atlantic Ocean. Visitors can zoom in on specific areas of the photomosaic to find artifacts as small as a gold coin or domino. More than 2,500 digital photographs were stitched together to create this large scale photographic map of the wreck site.

Finally, the SHIPWRECK! “World of Pirates” interactive gallery and activities immerse visitors in the lore, legends, and facts of pirates of the Caribbean, Barbary Corsairs, Privateers and Buccaneers. Guests can learn how to identify pirate vessels on the horizon using spyglasses, raise the banners of notorious pirates, learn about life on the high seas, and create their own pirate in an interactive game.

About Discovery Times Square

Discovery Times Square (DTS) is New York City's first large-scale exhibition center presenting visitors with limited-run, educational and immersive exhibit experiences while exploring the world's defining cultures, art, history and events. More than a museum, DTS has featured a renowned line-up of exhibitions including Titanic: The Artifact Exhibition, Leonardo Da Vinci's Workshop, King Tut, Pompeii: The Exhibit, Harry Potter: The Exhibition, Dead Sea Scrolls: The Exhibition, and most recently Terracotta Warriors: Defenders of China’s First Emperor. DTS is located at 226 West 44th Street (between Broadway and 8th Avenues).

About Odyssey Marine Exploration, Inc.
Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX) is engaged in deep-ocean exploration using innovative methods and state-of-the-art technology for historic shipwreck projects, modern commodity shipwrecks and mineral exploration. Odyssey offers various ways to share in the excitement of deep-ocean exploration by making shipwreck treasures and artifacts available to the general public, students, and collectors through its webstore, exhibits, books, television, merchandise, educational programs and virtual museum located at www.OdysseysVirtualMuseum.com. The company also maintains a Facebook page at http://www.facebook.com/OdysseyMarine and a Twitter feed @OdysseyMarine.

Following previous successful engagements in New Orleans, Tampa, Detroit, Oklahoma City, Charlotte, Baltimore, Sarasota, San Antonio, and Hot Springs, Odyssey's SHIPWRECK! exhibit is currently on display at the Museum of Science, Boston. SHIPWRECK! will debut at Discovery Place Times Square on May 24, 2013.

For details on Odyssey's activities and its commitment to the preservation of maritime heritage please visit www.shipwreck.net.

Forward-Looking Information
Odyssey Marine Exploration believes the information set forth in this News Release may including “forward-looking statements” within the meaning of the Private Securities Litigation Report Act of 1995, Section 27A of the Securities Act of 1993 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, 2012, which has been filed with the Securities and Exchange Commission.

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