OMR Odyssey Marine Exploration

Odyssey Marine Exploration, Inc. (AMEX:OMR), a leader in the field of deep-ocean shipwreck exploration, announced that its subsidiary, Odyssey Marine Entertainment, Inc., will open SHIPWRECK! Pirates & Treasure, an interactive shipwreck and treasure exhibit at the Museum of Science & Industry (MOSI) in Tampa, Florida. The exhibit is scheduled to run from June 22, 2007 through January 31, 2008. The 12,000 square foot exhibit and retail store will utilize existing assets previously developed and built for Odyssey�s Shipwreck & Treasure Adventure in New Orleans and add a newly developed �Pirates� module. The interactive multi-media exhibit allows children and adults to learn about the history of shipwrecks and pirates, and also experience the research, search, archaeological recovery and conservation involved in the quest for deep-sea knowledge and treasures. �We are very excited to bring Odyssey�s SHIPWRECK! Pirates & Treasure exhibit to our hometown of Tampa as we continue to review other permanent locations for our shipwreck museum. MOSI, with its emphasis on science and technology, is a natural and synergetic choice as a host venue for our traveling shipwreck attraction, and I am confident that our complementary exhibits will be highly appealing to Florida residents and visitors,� said Greg Stemm, Odyssey's co-founder. John Morris, CEO and co-founder of Odyssey Marine Exploration, added, "The enthusiastic feedback our exhibit received in New Orleans encouraged us to bring the intriguing world of shipwreck exploration to the public in Florida and, at a later point, to other cities in America. In addition to our core business of shipwreck exploration, we consider interactive, themed attractions such as this one a strategic step toward realizing our long-term business plan for the Company by leveraging future shipwreck discoveries into public exhibits, merchandising opportunities, and other entertainment possibilities including books, films and TV specials." �Odyssey�s SHIPWRECK! Pirates & Treasure is exactly the kind of entertaining and educational exhibition we value at MOSI. We�re looking forward to working with the Odyssey team to introduce our guests to the fascinating discoveries and intricate detail that goes into marine archeological exploration� said Wit Ostrenko, MOSI President. While the exhibit displays authentic artifacts from many different shipwrecks, the spotlight is on treasures and artifacts of the SS Republic. This Civil War-era ship sank during a hurricane off the coast of Georgia in 1865. Odyssey discovered the wreck of the Republic nearly 1,700 feet below the surface of the Atlantic Ocean in the summer of 2003 - nearly 138 years after the ship went down. More than 51,000 gold and silver coins, and approximately 14,000 additional artifacts, were recovered in the world's most extensive deep-ocean archaeological excavation. In addition to having the opportunity to closely inspect shipwreck artifacts, exhibit visitors will also get to experience the various steps in shipwreck exploration. In a fascinating behind-the-scenes look, guests can use research and technology to locate shipwrecks, pilot a real robot submersible, test their dexterity using a giant manipulator arm to pick up coins one at a time and identify artifacts as they are located on the sea floor. For more information about the exhibition, please visit www.shipwreck.net. About Odyssey Marine Exploration: Odyssey Marine Exploration is an American Stock Exchange Company (OMR) with several shipwreck projects in various stages of development throughout the world. Additional information about Odyssey, its projects, methodologies and technologies, is available at www.shipwreck.net. For additional information about Odyssey Marine Exploration, please contact Natja Igney at 813-876-1776. About Museum of Science and Industry (MOSI): MOSI is a not-for-profit, community-based institution and educational resource dedicated to advancing public interest, knowledge, and understanding of science, industry, and technology. With a total size of over 300,000 square feet, MOSI is the largest science center in the southeastern United States, and home of the only IMAX� Dome Theatre in the state of Florida. Kids In Charge! The Children�s Science Center at MOSI is the largest children�s science center in the nation. Disasterville, featuring WeatherQuest, MOSI�s newest permanent exhibition combines education and 10,000 square feet of interactive exhibits on the remarkable science behind natural disasters. For additional information about MOSI, contact Shani Jefferson at 813-987-6080. 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," and "Business" in the Company's annual report on Form 10KSB for the year ended December 31, 2006, which has been filed with the Securities and Exchange Commission.