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David de Rothschild Entrepreneur and Environmentalist Joins OceanGate Inc. Board of Directors

SEATTLE, Oct. 8, 2012 /PRNewswire/ -- OceanGate Inc., a global provider of deep-sea manned submersible solutions, recently appointed adventurer, environmentalist and entrepreneur David de Rothschild to serve on the Company's Board of Directors, effective immediately. David joins OceanGate founders Stockton Rush and Guillermo Sohnlein, along with Lee Thompson and Geof Barker, who were appointed to the OceanGate Board in August.

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"We're at a time when businesses need to think beyond the boundaries of traditional thinking and explore ways to not only grow financially but also manage and integrate a clear and responsible social and environmental vision," states David. "In my opinion, OceanGate optimizes this ethos throughout. That's why I am proud and excited to join their board on their epic adventure to become a world leader in ocean exploration and research."

David's appointment to the OceanGate board highlights the company's shared values and commitment to business successes in emerging markets. His international experience with ocean stewardship ventures will assist in guiding the company as OceanGate positions itself to a wide range of clients.

About David de Rothschild

David de Rothschild is an adventurer, ecologist, environmentalist, and founder of MYOO, an organization whose goal is to inspire dreams, fuel conversations, share innovations and activate change in order to give nature a voice. In 2010, David and the MYOO team built a one-of- a-kind, fully recyclable, 60-foot catamaran made buoyant by 12,500 reclaimed plastic bottles. The Plastiki, as the project is known, sailed 8,000 miles across the Pacific to alert the world to the devastating effects of single use plastics.

David's commitment to environmental action has led UNEP, National Geographic, Clean up the World, World Economic Forum and the Clinton Global Initiative to award him recognition as a Climate Hero, Emerging Explorer, a Global Clean Up Ambassador, a Young Global Leader and member of the Clinton Global Initiative Lead.

In addition to awards and recognitions stemming from his numerous adventures and expeditions, David has authored several books, had a hit TV series on the Sundance channel, and a National Geographic documentary under his belt. He holds an advanced Diploma in Natural Medicine from the College of Naturopathic Medicine, London, and a Bachelors of Science in Political Science and Information Systems from Oxford Brookes.

About OceanGate Inc:

OceanGate, Inc. provides deep-sea, manned submersible solutions to aid deep-sea exploration, expand scientific research opportunities, and advance commercial applications.  The company delivers access to the oceans by leveraging broad research partnerships, innovative use of cutting-edge technology and a management team with a diverse background in business, engineering, and undersea exploration.

Founded in 2009, OceanGate, a privately held firm, is committed to expanding humanity's understanding of the world's oceans.  The company's unique ability to integrate emerging technology, coupled with a proven track record of safe, successful expeditions, allows it to provide comprehensive services and technical offerings that deliver optimal results in five core markets: commercial enterprise, academic research, government/regulatory, media & entertainment, and non-profits/NGOs.  

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Waggener Edstrom
202. 261.7818

SOURCE OceanGate Inc.