Marine Exploration, Inc. Issues Letter to Shareholders

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CORAL GABLES, FL--(Marketwire -01/27/12)- President Rosendo Alvarez III of Marine Exploration, Inc. (Pinksheets: MEXP.PK - News) issued this letter today.

Dear Shareholders,

I want to thank you for your diligence and support during our restructuring process. This letter has been prepared to affirm that various current and new projects on our agenda will commence shortly. Staffed by experts in the shipwreck recovery industry, the Company is confident of success, ongoing corporate development, and significant financial growth.

Over the years, MEXP investors have supported the numerous expeditions Marine Exploration, Inc. has launched that effectively discovered sunken gold and silver jewelry. Soon, we expect to resume surveying and salvage operations in the Dominican Republic territorial and jurisdictional waters. In the past, these excursions have led to historic shipwrecks and the recovery of valuable artifacts and treasure. Our plan is to continue working these and other locations with the most sophisticated technology so as to enhance our earnings potential.

The Company is in the process of finalizing additional income diversification projects. These planned projects will promote and develop state of the art maritime technology applications, have a high intellectual property potential, and can positively impact revenue diversification on a global front.

The Management team and Board of Directors have worked faithfully to implement current projects and confirm the planned rollout of future projects. Marine Exploration, Inc. is expected to have a solid and fiscally sound 2012 and beyond for its shareholders. We are strengthened by your encouragement and will continue with updates in the near future regarding MEXPs expansion.

Sincerely,
Rosendo Alvarez III, President
Marine Exploration, Inc.
ralvarez@usmarineexploration.com

About Marine Exploration, Inc.

Marine Exploration, Inc. represents a consortium of professionals driven to achieve enduring financial success and professional fulfillment through the investment financing of lucrative treasure exploration and salvage ventures in the Caribbean Sea and South Atlantic Ocean. Utilizing cutting-edge technology and custom equipment designed under exclusive development contracts for each specific mission, Marine Exploration, Inc. is establishing a new standard for bona-fide research-based shipwreck recovery operations.
www.usmarineexploration.com

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 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.

Contact:

Media Relations
Emerson Gerard Associates
Jerry Jennings
561-881-7318
jerry@emersongerard.com

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