Seafarer Exploration Forms Advisory Board

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NEW YORK-(Business Wire)-September 8, 2009 - Seafarer Exploration Corp. (OTCBB:SFRX) announced today the members of its advisory board to diversify and expand the intellectual capacity of the Company. The advisory board members are Mark Fleckenstein, Dan Meisenheimer, and Jim Sinclair. Each advisory board member will help with the strategic planning for future development of the company. Each advisory board member brings years of specified knowledge in each of their fields to further benefit the company. Kyle Kennedy, CEO of the company, stated, “We are very thankful and honored to have advisory members with a high degree of integrity who are quite successful and bring their experience, knowledge, and time for the benefit of the Company.

Mark Fleckenstein is a veteran in the treasure and salvage industry who will assist us with future business development, including locating additional sites.

Mr. Fleckenstein stated, “I am excited about the opportunities that exist through the cooperation of both of our entities.”

Dan Meisenheimer runs a venture capital company and is the founder of the United States Basketball League (USBL).

Mr. Meisenheimer stated, “I am looking forward to seeing the potential of Seafarer recognized and be a part of that growth and help build shareholder value.”

Jim Sinclair is the company’s Archaeologist, and has worked on projects around the world.

Disclaimer

This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, statements regarding benefits of the proposed acquisition and other forward-looking terminology such as "may," "expects," "believes," "anticipates," "intends," "projects" or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5722362

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