Deep Down Announces 2011 Earnings Conference Call And Webcast

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Deep Down, Inc. (OTC QB: DPDW), will hold a conference call and webcast on Monday, April 2, 2012 at 9:00 a.m. Eastern Time to discuss 2011 financial results.

The webcast will be hosted by Mr. Ron Smith, President and CEO, and Mr. Gene Butler, Executive Chairman and CFO. The related press release was issued on March 28, 2012.

To access the conference call, please dial (866) 393-0676 a few minutes before the scheduled start time. International callers are invited to call (707) 287-9357. The confirmation code is 67421920. A replay of the call will be available one hour after the completion of the call through April 23, 2012. To access the replay, please dial 855-859-2056, or if you are calling internationally, dial 404-537-3406. The confirmation code is 67421920. The live webcast and archived replay also can be accessed on the Company's web site at http://www.deepdowncorp.com.

About Deep Down, Inc.

Deep Down, Inc. is an oilfield services company serving the worldwide offshore exploration and production industry. Deep Down's proven services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, distributed and drill riser buoyancy, ROVs and tooling, marine vessel automation, control, and ballast systems. Deep Down supports subsea engineering, installation, commissioning, and maintenance projects through specialized, highly experienced service teams and engineered technological solutions. The company's 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. More information about Deep Down is available at http://www.deepdowncorp.com.

Forward-Looking Statements

Any forward-looking statements in the preceding paragraphs of this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties and that actual results may differ materially from those projected in the forward-looking statements. In the course of operations, we are subject to certain risk factors, competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw materials and execution of business strategy. For further information, please refer to the Company's filings with the Securities and Exchange Commission, copies of which are available from the Company without charge.

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