Deep Down Names New Independent Board Member

HOUSTON, April 12 /PRNewswire-FirstCall/ -- Deep Down, Inc. (OTC Bulletin Board: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced that Mark R. Hollinger has joined its Board of Directors, effective April 12, 2010.

Mr. Hollinger has joined the board as an independent director and was appointed Chairman of the Audit Committee of the Board of Directors. Mr. Hollinger is currently President of Offshore Solutions at MacDermid, Inc. ("MacDermid"), which provides specialty fluids to hydraulic controls of valves in the offshore drilling and production systems, a position he has held since September 2007.  Prior to MacDermid, Mr. Hollinger served as President of Merix Corp, a holding company of Merix Asia (formerly, Eastern Pacific Circuits Limited) from May 1999 to January 2007 and Chief Executive Officer from September 1999 to January 2007.

Eugene L. Butler, Chairman and Chief Financial Officer, stated, "We are delighted to welcome Mark to our Board of Directors.  With his experience and expertise in management, knowledge of the international energy market and business strategy, Mark will be a tremendous addition to our Board.  This is our first major step in strengthening our Board with independent directors."

About Deep Down, Inc.

We are an oilfield services company serving the worldwide offshore exploration and production industry. Our services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, flotation and drill riser buoyancy, ROVs and toolings. We support subsea engineering, installation, commissioning, and maintenance projects through specialized, highly experienced service teams and engineered technological solutions. Our primary focus is on more complex deepwater and ultra-deepwater oil production distribution system support services and technologies, used between the platform and the wellhead. We provide these services through our four subsidiaries. More information about Deep Down is available at www.deepdowncorp.com, by contacting the company at (281) 517-5000, or [email protected].

One of our most important responsibilities is to communicate with shareholders in an open and direct manner.  Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends."  We cannot promise future returns.  Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events.  Deep Down urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.

SOURCE Deep Down, Inc.