2014

OceanGate Inc., a Deep-Sea Exploration Venture, Expands Operations OceanGate's manned submersible delivers unparalleled access for research and exploration

SEATTLE, May 16, 2012 /PRNewswire/ -- OceanGate Inc., a Seattle-based ocean exploration venture providing manned deep-sea submersible solutions for researchers, academic institutions, commercial business, and media providers, announced today the opening of its second office location in Miami, Florida. The Miami location will deliver expedition services and enhanced research capabilities for clients based on the East Coast and in the Caribbean.

(Logo:  http://photos.prnewswire.com/prnh/20120516/FL07870LOGO )

Prior to the opening of its Miami operations, OceanGate spent nearly three years delivering manned submersible solutions for West Coast-based clients and conducting multiple expeditions in Washington and California. OceanGate's unique five-person submersible, Antipodes, has allowed its clients to secure 3-D sonar, video imaging, and direct observations at depths as low as 285 meters (936 feet). Antipodes is the only privately owned manned submersible operating under a US Coast Guard Oceanographic Research Vessel designation. The submersible's twin 58-inch hemispherical acrylic domes allow clients unparalleled visibility. OceanGate's client list includes government agencies, universities, citizen scientists, and media content providers.

In addition to the expansion of North American operations to Miami, OceanGate has also hired strategic personnel to lead its expansion and align its maritime assets across several vertical and geographical markets. Colleen Hahn, chief marketing officer; Lynn Mitchell, director of marine operations; Juliana Ruiz, marketing and communications manager; and Shane Zigler, expedition leader, recently joined OceanGate's management team.

"We continue to build our impressive team of professionals who will be able to successfully execute OceanGate's global operations," said Stockton Rush, co-founder and CEO. "We are growing our business to meet the increasing demand for multi-passenger manned submersibles solutions."

About OceanGate

OceanGate is a global provider of manned deep-sea submersible solutions enabling environmentally sensitive commercial utilization and research of the ocean's vast resources. Through deep-sea expertise, proprietary systems, and adaptive technologies, OceanGate solutions expand the capabilities of research and academic institutions, government agencies, commercial businesses, and citizen scientists. In addition, OceanGate provides a robust platform to capture undersea sonar and video imaging for film, television, and media industry content providers. 

Since OceanGate's 2009 inception, the company has fostered its commitment to expand humanity's understanding of the world's oceans and set the standard for innovative manned submersible solutions. OceanGate leverages existing resources and partnerships to create cost-effective expeditions capable of capturing content, delivering images, and expanding discovery and research.

Media Contact:
Christina Erb
Hayter Communications
360.313.7070, ext. 2
christina@hayterpr.com

SOURCE OceanGate Inc.



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