ODYSSEY MARINE EXPLORATION INC
			Symbol			OMEX

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Odyssey Marine Exploration Announces Third Quarter 2009 Results

2009-11-06 18:36 ET - News Release

Jon D. Sawyer Appointed to Board of Directors

Company Website: http://www.shipwreck.net
TAMPA, Fla. -- (Business Wire)

Odyssey Marine Exploration, Inc. (Nasdaq:OMEX), pioneers in the field of deep-ocean shipwreck exploration, today filed a quarterly report with the Securities and Exchange Commission detailing results of the Company's third quarter 2009 and announced the appointment of Jon D. Sawyer to the Board of Directors.

For the third quarter of 2009, Odyssey reported revenue of $0.8 million, compared to $2.2 million in the third quarter 2008. Odyssey also reported a net loss of $4.4 million, compared to a net loss of $6.5 million in 2008. The net loss per share for the third quarter was $0.07, compared to a net loss of $0.13 per share in the third quarter of the prior year.

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