TAMPA, Fla., June 3, 2013 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (Nasdaq:OMEX), a pioneer in the fields of deep-ocean shipwreck and offshore mineral exploration, has retained Liolios Group to expand the company's investor relations and financial communications activities.
"Over the last several months, we have demonstrated dramatic progress in developing and monetizing our growing portfolio of undersea assets, from the $41 million in shipwreck silver recovered and sold, to $15 million gained from the sale of only 15% of just one of our ocean mineral ventures," said Mark Gordon, Odyssey president and COO. "We've now begun operations on our 2013 SS Gairsoppa project, and we're already seeing progress. Given the acceleration in our business, we've arrived at an inflection point in our development where we believe our shareholders would benefit from the professional team at Liolios Group assisting us to more effectively communicate our story to the financial community."
Liolios Group brings to Odyssey a proven track record of helping public companies build shareholder value by delivering the right message to the right audience, and by establishing high quality, long-term relationships in the investment community. Liolios Group will work closely with Odyssey's management to refine and deliver the company's message and introduce the company to key investors and influencers in the financial community. They will also assist the company in scheduling presentations and financial conferences over the next several months.
As part of its expanded communication efforts, Odyssey has launched a new corporate website at www.odysseymarine.com. The site is designed to better communicate the various aspects of the company's business and provide investors with improved tools to receive up-to-date information.
About Liolios Group, Inc.
Liolios Group is a highly selective and comprehensive investor relations firm specializing in micro to mid-cap companies. The firm aims to deliver superior performance in corporate messaging and positioning, investor awareness, and analyst and financial press coverage. Founded in 1999, Liolios Group executives have extensive experience in finance and investments, and represent clients in a wide range of industries, including life sciences/healthcare, consumer/internet retail, business services, digital, media/software, clean technology, technology, natural resources and special situations.
For more information about Liolios Group, visit www.liolios.com.
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 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.
For more information about Odyssey, visit www.odysseymarine.com.
Forward-Looking Information
Odyssey Marine Exploration believes the information set forth in this News Release may include "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.