Oceanic Research and Recovery Launches New Facebook Application

PEORIA, Ill., Dec. 1, 2010 /PRNewswire/ -- Oceanic Research and Recovery Inc. (Pink Sheets: ORRV), a marine salvage and exploration company, today announced that it has greatly expanded its online marketing efforts.

ORRV just released a new Facebook application called the ORRV Treasure Hunting Team. Using Facebook's proprietary API a custom application has been created that will improve communication with shareholders and the public in general while greatly increasing the reach of company marketing efforts throughout Facebook, the world's largest online community.

"This new application is unlike anything seen before in this business," said Scott Heimdal, CEO. "Now we can do live video broadcasts with our shareholders while they actually interact with us in real time. There are all kinds of unique features in this new application that are going to help our marketing efforts and interaction with our shareholders."

"One of the most exciting things is that we're giving away great prizes to team members, even a chance for someone to come out on an expedition as a member of the crew. They even get a share of the treasure if we hit," continued Mr. Heimdal. "We wanted to have this new system ready to go before we launch our next series of field operations which is coming up very soon!"

All current shareholders with Facebook pages are encouraged to join the team. You can access the Treasure Team Application by following this link;

http://www.facebook.com/apps/application.php?id=155543534490997

ORRV online:

Visit our Website or Facebook Page!

Go to the Treasure Team application

Follow us on Twitter!

About Oceanic Research and Recovery Inc.

Oceanic Research and Recovery Inc. (OTC: ORRV) is engaged in the exploration of shipwrecks and has multiple shipwreck projects in various stages of development around the world.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements in this press release may be 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 Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of risk factors inherent in doing business. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

SOURCE Oceanic Research and Recovery Inc.